Manipal Housing Finance Syndicate Ltd Unlisted Shares

Registered with the National Housing Bank, Manipal Housing Finance Syndicate Ltd. is a Housing Finance Company that emerged as a Public Limited Company in 1986. Having a market cap of Rs 5.95 Crore, it comes under the small-cap company list. The company is promoted by Syndicate Bank (now a part of Canara Bank) and the Manipal Group (owned by the Late Dr TM A Pai) jointly. The company’s main objective is to provide long-term finance to the people along with a wide range of home loan products to meet the needs of individual customers.

Manipal Housing Finance Syndicate is one of India’s biggest and oldest housing finance firms. It has been in the business for around 37 years. During this time, it has managed to make a name for itself and was also listed in the BSE. Other than this, Manipal Housing Finance Syndicate has the best interest options for investments and portfolios. If you put your portfolio in the finance syndicate, it will pay you an interest of 8% per annum. This interest rate is more than any other finance firm. 

Manipal Housing Finance Syndicate Ltd Unlisted Share Price Overview

The MHFSL has an authorised share capital of Rs. 12cr and a total paid-up capital of Rs 9.78cr as per MCA. The unlisted share price has seen no significant fluctuation, as the graph suggests. The Manipal Housing Finance Syndicate Ltd Unlisted Share Price has been floating at around Rs 72 to 74 in the past 52 weeks.

When it comes to Manipal Housing Finance Syndicate’s share prices, they have remained constant for a long time now. At the time when it was listed, the share prices were around ₹6 and after almost three years, the share price is still the same at ₹6. However, the good thing is that it also hasn’t gone down. More importantly, the company also pays dividends to its shareholders and has been doing it for the past 3 years. 

Why buy Manipal Housing Finance Syndicate Ltd. unlisted shares?

Manipal Housing Finance Syndicate Ltd. operates as a housing finance company and has been in the business for 37 years and 2 months. It comes under the pretext of a Public Limited Indian Non-Government Company. With the turnover range of the company being Rs 1 cr - 100 cr, it is a triple`B+’ rated HFC, with permission from National Housing Bank (NHB) to accept public deposits. In addition to housing loans, MHFSL also provides mortgage loans and gold loans. The MHFSL has around 40 branches across different states throughout India.

Manipal Housing Finance Syndicate has shown that it is a very good investment option. The financials of the company are also in check. In the fiscal year 2022-2023, the company reported a PAT of ₹10.81 crore which was around 13% more than the previous year. While the company also plans to take this figure to ₹12 crore in the fiscal year 2023-2024. 

How to apply for Manipal Housing Finance Syndicate Ltd unlisted Shares online?

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You can get an in-depth analysis of unlisted shares, and the process of documentation is easy and hassle-free. With Stockify, you will get the best research-based investing insights and real-time settlements.

Financial Information (Rupees In Crore)

Check Manipal Housing Finance Syndicate Ltd unlisted Share Price today at Stockify.

You can check the real-time prices of unlisted shares with Stockify and get access to the latest stock prices without any difficulty. If you are willing to buy the Manipal Housing Finance Syndicate Ltd unlisted shares, then you can keep an eye on the unlisted share price with Stockify. The current price of Manipal Housing Finance Syndicate Ltd is Rs 7.10 as of March 1, 2023. 

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