Goldman Sachs acquired a new position in Manappuram Finance Limited, buying 9,785,523 shares valued at ₹318.59 Cr at ₹325.45 apiece, representing a 1.04% stake.
A systemically important non-banking finance company that provides gold loans, money exchange services, and other fund-based and fee-based financial solutions to retail customers across India. The company operates as a non-deposit taking NBFC, with gold lending forming its core business alongside complementary financial services. It serves customers seeking secured lending against gold collateral and foreign exchange facilities.
US-based global investment bank (USD 1.6 trillion in assets, USD 3 trillion+ in client AUM through Goldman Sachs Asset Management). India FPI activity covers proprietary, market-making, client flows and active asset management mandates in listed Indian equities.
