Announced Fri, 24 Apr · 17:01 IST
Bain Capital open offer for Manappuram receives zero shares from public
Compliance View source PDF
MANAPPURAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹289.65
prior close
₹289.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.5+0.4-0.0+1.3+2.0+2.5+6.1+6.6+9.5+9.1+13.6+9.0+24.3
Up moveDown movePending
AI summary
Bain Capital's open offer to acquire up to 24.42 crore shares (26%) of Manappuram Finance at ₹248.29/share received zero public tendering during the April 6-20, 2026 window. Instead, acquirer BC Asia Investments XXV and PAC1 obtained a 9.89% stake via preferential allotment of subscription shares on March 27, 2026. Post-offer public holding stays at 58.34%.
Likely market impact
Open offer fully failed with no public participation. Acquirer holds only 9.89% via preferential route, signaling weak public confidence in the ₹248.29 offer price.