Zero shares tendered in Bain Capital's open offer for Manappuram Finance

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

MANAPPURAM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹267.10

prior close

₹263.10

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%+0.8% vs market

Non Banking Financial Company (NBFC) peers, median of 208sector-0.2%+0.5% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Smallcap 250 and 0.5 pts more than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.2

15m

-0.1

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-0.4+0.8-0.2+0.5

Next day

+0.6+1.9-1.3+0.9-0.4

+0.7+2.8-2.2+1.2-0.6

+0.8+4.4-3.6+2.9-2.1

+0.7+4.0-3.3+2.3-1.6

+5.9+4.8+1.1+2.3+3.6

+9.3+5.3+4.0+2.0+7.4

15d

+16.4+9.4+7.0+2.2+14.2

+16.4+6.5+9.9+0.7+15.8

+19.1+9.8+9.3-0.7+19.8

+24.1+15.4+8.8+0.0+24.1

UpDownMarket · Nifty Smallcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 208Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bain Capital (via BC Asia Investments XXV Ltd) launched an open offer to acquire up to 24.42 crore equity shares (26% of expanded voting capital) of Manappuram Finance. Kotak Mahindra Capital, the offer manager, disclosed that zero shares were tendered by public shareholders as of 4:49 PM on April 10, 2026. Tendered shares are subject to validation under SEBI SAST Regulations and the Letter of Offer dated March 25, 2026.

Likely market impact

Nil public response to Bain Capital's 26% open offer so far; could signal pricing concerns, though tendering window may still be open.