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Bain to buy 18% stake in Manappuram

Mint Bangalore

|

March 21, 2025

Based on the open offer subscription, Bain Capital's stake post-investment will vary between 18% and 41.7%

- Anshika Kayastha & Nikita Prasad

Bain to buy 18% stake in Manappuram

US-based private investment firm Bain Capital will invest ₹4,385 crore to acquire an 18% stake and take joint control of Kerala-based non-bank lender and the country's second-largest gold financier Manappuram Finance Ltd.

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