Five Star Business Finance IPO Review, Allotment & Details

Five Star Business Finance IPO

Five Star Business Finance Ltd IPO Details (Five Star Business Finance IPO)

Five Star Business Finance Ltd IPO  is an NSE BSE IPO. They are going to raise ₹1,960.01 Crores via IPO. The issue is a price range of ₹450 to ₹474 per Equity Share. The IPO is to be listed on NSE and BSE. 

Five Star Business Finance Limited is established in 1984, the company is a Non-Banking Finance Company providing secured business loans to micro-entrepreneurs and self-employed individuals. Five Star Business Finance Limited has an extensive network of 311 branches, spread across 8 states and 1 union territory, and approximately 150 districts across India, with Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka being the main states.

Five Star Business Finance Limited is headquartered in Chennai, Tamil Nadu with a strong presence in south India. The company had a total of 4,306 employees.

The company has provided loans to more than 190,000 happy customers in total.

With more than 30,000 million in AUM, the company has the fasted AUM growth among the compared peers.

What is the official website of Five Star Business Finance Ltd?

Five Star Business Finance Ltd IPO Official Website is https://fivestargroup.in/

What is the registered address of Five Star Business Finance Ltd?

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

Five Star Business Finance Ltd Financial Reports

Five Star Business Finance Ltd Financial Reports
Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Borrowing
31-Mar-20 4353.15 787.35 261.95 1944.58 2363.69
31-Mar-21 5793.61 1051.26 358.99 2318.17 3425.2
30-Jun-21 6129.1 300.76 101.57 2944.41 3121.22
31-Mar-22 6343.07 1256.17 453.54 3710.35 2558.83
30-Jun-22 6471.55 339.06 139.43 3856.98 2520.32
Amount in ₹ Crore

Five Star Business Finance IPO Date & Price Band 

IPO Open: November 09, 2022
IPO Close: November 11, 2022
IPO Size: Approx ₹1,960.01 Crores
Face Value: ₹1 Per Equity Share
IPO Price Band: ₹450 to ₹474 per share
IPO Listing on: BSE NSE 
Retail Quota: 35%
QIB Quota: 50%
NII Quota: 15%

Five Star Business Finance IPO Market Lot

The Five Star Business Finance Ltd IPO 1 lot size is 31 shares or ₹14,694. A retail-individual investor can apply for up to 13 lots (403 shares or ₹191,022).

Application Lots Shares Amount
Retail (Min) 1 31 ₹14,694
Retail (Max) 13 403 ₹191,022
S-HNI (Min) 14 434 ₹205,716
B-HNI (Min) 69 2,139 ₹1,013,886

Five Star Business Finance IPO Allotment & Listing Dates

The IPO date is November 09 and the IPO close date is November 11, 2022. The IPO allotment date is November 16 and the Five Star Business Finance IPO listing is November 21, 2022.

Event Tentative Date
Opening Date Nov 9, 2022
Closing Date Nov 11, 2022
Basis of Allotment Nov 16, 2022
Initiation of Refunds Nov 17, 2022
Credit of Shares to Demat Nov 18, 2022
Listing Date Nov 21, 2022

Five Star Business Finance Company Promoter

Lakshmipathy Deenadayalan, Hema Lakshmipathy, Shritha Lakshmipathy, Matrix Partners India Investment Holdings II, LLC, and SCI Investments V are the company promoters.

Five Star Business Finance Ltd Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Websitehttps://karisma.kfintech.com/

Five Star Business Finance Ltd 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

What is Five Star Business Finance Ltd?

Five Star Business Finance IPO is an NSE BSE IPO. They are going to raise ₹1,960.01 Crores via IPO. The issue is a price range of ₹450 to ₹474 per Equity Share. The IPO is to be listed on NSE and BSE.

When will IPO open?

The IPO will open for NII, QIB, and Retail Investors on November 09, 2022.

What is IPO Investors Portion?

The investors’ portion for NII is 35%, QIB is 50% and Retail is 35%.

What is IPO Size?

The IPO size is ₹1,960.01 crores.

What is IPO Price Band?

The IPO Price range of ₹450 to ₹474 per equity share.

What is IPO Minimum and Maximum Lot Size?

The Five Star Business IPO 1 lot size is 31 shares or ₹14,694. A retail-individual investor can apply for up to 13 lots (403 shares or ₹191,022).

Application Lots Shares Amount
Retail (Min) 1 31 ₹14,694
Retail (Max) 13 403 ₹191,022
S-HNI (Min) 14 434 ₹205,716
B-HNI (Min) 69 2,139 ₹1,013,886

What is IPO Allotment?

The IPO allotment date is November 11, 2022.

What is IPO Listing?

The IPO listing date is November 21, 2022. The IPO to list on BSE NSE.

Also Read: Find the List of Stock Market Holidays in 2022

Also Read: What are the top 10 upcoming IPOs in 2022?

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