About MANIPAL HOUSING FINANCE SYNDICATE LIMITED (MHFSL) Unlisted Shares
MANIPAL HOUSING FINANCE SYNDICATE LIMITED (MHFSL) is a National Housing Bank (NHB) registered Housing Finance company based in Udupi, Karnataka. The company is jointly promoted by Manipal Group and Syndicate Bank. Manipal Housing Finance Syndicate Limited was established in 1986 as a Public Limited Company. The company is a Triple ‘B+’ rated Housing Finance Company and it also has permission from National Housing Bank to accept public deposits. The primary objective of the company is to provide long-term finance to individuals for various purposes related to houses. Manipal Housing Finance Syndicate Limited offers a wide range of home loan products for different needs of individuals including the Purchase of Houses, Construction of houses on self-acquired plots Home Improvement loans, Home extension loans, etc.
Apart from Home loans, Manipal Housing Finance Syndicate Limited also provides Gold Loan and Deposit services. Moreover, the company promotes insurance products to its home loan borrowers. For this purpose, Manipal Housing Finance Syndicate Limited has tie-up with a couple of reputed insurance companies.
INCORPORATION DETAILS
CIN |
U65922KA1986PLC007396 |
Registration Date |
06 January 1986 |
Address of the Registered office and contact details |
“Manipal House” Manipal – 576 104 Udupi District Ph: 0820-2570741 |
Name, Address and Contact details of Registrar and Transfer Agent, if any |
4th Floor, Trade World A Wing, Kamala Mills Compound Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 Phone022 4914 2502 (D), 022 4914 2700 (B) Website: www.ndml-nsdl.co.in |
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Name and Description of main products/services |
NIC Code of the product/service |
% to total turnover of the Company |
Housing Finance |
65922 |
65.88% |
Jewel Loan |
64649 |
18.33% |
Mortgage Loan |
64910 |
15.00% |
BOARD OF DIRECTORS
Sri N. A. Shanbhag (Chairman)
Mrs. Vijayalaxmi N. Pai (Director)
Sri B. Ganapathi Pai(Director)
Sri K. Srinivas Rao(Director)
Sri Daljeet Singh Bedi(Director)
Sri T. Sunil Pai(Executive Director)
PARTICULAR OF SUBSIDIARY AND ASSOCIATE COMPANIES
MANIPAL HOUSING FINANCE SYNDICATE LIMITED does not have any subsidiary or associate company.
SHAREHOLDING PATTERN
(As on 31-03-2024)
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
1 |
ICDS Limited |
7,29,000 |
8.57 |
2 |
Syndicate Bank |
6,00,000 |
7.05 |
3 |
MFC Limited |
5,23,094 |
6.15 |
4 |
MPL InsuranceAgency Services (P) Limited |
29,00,000 |
34.09 |
5 |
T. Narayan M. Pai |
2,64,350 |
3.1 |
6 |
T. Sanjay Pai |
2,43,000 |
2.85 |
7 |
Sangeetha Pai |
2,84,603 |
3.36 |
8 |
Pranita Pai |
2,76,103 |
3.24 |
9 |
Others |
26,85,150 |
31.57 |
|
Total |
85,05,300 |
100 |
Q.1) Is Manipal Housing Finance Syndicate Limited is a private or public company?
Manipal Housing Finance Syndicate Limited is a Public incorporated on 06 January 1986.
Q.2) Do Manipal Housing Finance Syndicate Limited Listed or not?
Manipal Housing Finance Syndicate Limited is an unlisted company.
Q.3) in which field the work of Manipal Housing Finance Syndicate Limited?
Apart from Home loans, Manipal Housing Finance Syndicate Limited also provides Gold Loan and Deposit services. Moreover, the company promotes insurance products to its home loan borrowers.
Q.4) how is Manipal Housing Finance Syndicate limited is in liquid category?
Based on the provided financial ratios, Manipal Housing Finance Syndicate Limited appears to be less liquid in the 22-23 period compared to the 21-22 period. The current ratio has decreased from 1.49 to 1.14, indicating a reduction in short-term liquidity. Additionally, the debt service coverage ratio has declined from 0.65 to 0.44, suggesting a weaker ability to cover debt obligations with available cash flow.
Q.5) What are the customer service channels available for queries and support at Manipal Housing Finance Syndicate Limited?
Manipal Housing Finance Syndicate Limited provides customer service through various channels such as phone, email, online chat, and physical branches, ensuring prompt assistance and support for customer queries and concerns.