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Five Star Business Finance IPO Date, Review, Price Band & Market Lot

Copy of Harsha Engineers IPO GREY MARKET PREMIUM 2022 10 11T101813.630
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Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI (Non-Banking Finance Company) providing secured business loans to micro-entrepreneurs and self-employed individuals. The company has an extensive network of 268 branches as of September 30, 2021, spread across approximately 126 districts, eight states and one union territory, with Tamil Nadu, Andhra Pradesh, Telangana and Karnataka being the key states.

Five Star Business Finance Limited has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-income ratio to make sure that customers have the resources to repay the loan after meeting their regular obligations and other event-based capital requirements.

The company is headquartered in Chennai, Tamil Nadu with a strong presence in south India. As of September 30, 2021, we had a total of 4,306 employees.

The company has provided loans to more than 185,000 customers in total. They had an active loan base of 176,467 as of March 31, 2021.

With more than 30,000 million in AUM, the company has the fasted AUM growth among the compared peers. As of September 30, 2021, and March 31, 2021, the company’s Total Borrowings were Rs. 28,542.54 million and Rs. 34,251.97 million, respectively.

Five Star Business Finance IPO Date & Price Band :

 IPO Open:Nov 9, 2022
 IPO Close:Nov 11, 2022
 IPO Size:1960 Crores
 Price Band:₹450 to ₹474 per share
 Listing on:BSE & NSE
 Retail Portion:35%
 Equity:41,351,266 shares
Face Value: ₹1 per share

Five Star Business Finance IPO Market Lot:

  • Shares: Minimum 31 shares
  • Minimum Amount: 14,694
  • Maximum Amount: 191,022

Five Star Business Finance IPO Allotment & Listing:

  • Basis of Allotment: Nov 16, 2022
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  • Refunds: Nov 17, 2022
  • Credit to Demat accounts: Nov 18, 2022
  • Listing: Nov 21, 2022

Five Star Business Finance IPO Form Download:

How to apply for the Five Star Business Finance IPO? You can apply for Five Star Business Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Five Star Business Finance IPO in the Invest section. The other option is you can apply for Five Star Business Finance IPO via IPO forms downloaded via NSE and BSE. Check out the Five Star Business Finance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Five Star Business Finance Financial:

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-204353.15787.35261.95
31-Mar-215793.611051.26358.99
30-Sep-211523.53611.24217.55

Peer Group

  • Aavas Financiers
  • Aptus Value
  • Au Small Finance Bank

Company Promoters

  • Lakshmipathy Deenadayalan
  • Hema Lakshmipathy
  • Shritha Lakshmipathy
  • Matrix Partners India Investment Holdings II, LLC
  • SCI Investments V

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Objectives of the IPO

  1. Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
  2. Funding long-term working capital requirements.
  3. General corporate purposes.

Five Star Business Finance IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: [email protected]
Websitehttps://karisma.kfintech.com/

Five Star Business Finance IPO Lead Managers:

  1. ICICI Securities Limited
  2. Edelweiss Financial Services Ltd
  3. Kotak Mahindra Capital Company Limited
  4. Nomura Financial Advisory And Securities (India) Pvt Ltd

Company Address:

Five Star Business Finance Ltd.
New No. 27, Old No. 4,
Taylor’s Road, Kilpauk,
Chennai 600 010
Phone: +91 44 4610 6260
Email: [email protected]
Websitehttps://fivestargroup.in/

What is Five Star Business Finance IPO Open Date for QIB, NII, and Retail?

Five Star Business Finance IPO will open on Nov 09, 2022

Five Star Business Finance IPO Size?

Five Star Business Finance IPO size is Approx 1,960.01 Crores

Five Star Business Finance IPO Price Band?

Five Star Business Finance IPO Price Band is ₹450 to ₹474 per share

Five Star Business Finance IPO Minimum Lot Size?

The minimum bid is 31 Shares with a 14,694.

What is Five Star Business Finance IPO Allotment Date?

Five Star Business Finance IPO allotment date is Nov 16, 2022

What is Five Star Business Finance IPO Listing Date?

Five Star Business Finance IPO listing date is Nov 21, 2022. The IPO is to list on BSE and NSE.

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