IPO

Five Star Business Finance Ltd. IPO

Mainboard

Non Banking Financial Company (NBFC)

Listed On: Nov 21, 2022 at ₹ 468.80(NSE)

₹ 14694 /31 Shares

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Price Summary

Last Closing

811.00 (71.1%)

52 Week High

862.75

52 Week Low

600.05

Last Update

20-Sep-2024 3:30 PM

Five Star Business Finance IPO Details

09 Nov, 2022

Open Date

11 Nov, 2022

Close Date

16 Nov, 2022

Allotment Date

21 Nov, 2022

Listing Date

Issue Price

₹450-474 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFin Technologies Limited

List Price

468.80(NSE)

Listing Date

2022-11-21

Market Lot

31 Shares (₹14,694/-)
sHNI : 434 Shares (₹2,05,716/-)
bHNI : 2,139 Shares (₹10,13,886/-)

Lead Manager

ICICI Securities Limited, Edelweiss Financial Services Ltd, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd

Issue Size

OFS : 1960.05 Cr Approx

Retail Portion

35% (Number of Retail Applications : 4,66,850 Approx),
(Number of sHNI Applications : 4,760 Approx),
(Number of bHNI Applications : 9,520 Approx)

Subscription

0.70 times

IPO Docs

DRHP RHP

Five Star Business Finance IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved8,711,1326,533,350
4,355,566    2,177,784		15,244,48430,488,966
Day 1 - 09-11-22 05:00 PM0.03 x0.01
0.00 x   0.01 x		0.03 x0.02 x
Day 2 - 10-11-22 05:00 PM1.01 x0.02
0.02 x   0.04 x		0.06 x0.32 x
Day 3 - 11-11-22 05:00 PM1.77 x0.61
0.78 x   0.28 x		0.11 x0.70 x
Total No. of Applications: 41825 (Approx)

Five Star Business Finance Valuations

Earnings Per Share (EPS)

₹14.01/-

P/E Ratio

N/A

RoNW

16.85%

Net Asset Value (NAV) - As on 31.12.20

₹85.26

Five Star Business Finance Company Financials All values are in ₹ Cr.

31-Mar-2231-Mar-2131-Mar-2031-Mar-19
Assets6343.075793.614353.152361.17
Revenue1256.171051.26787.35408.99
Profit After Tax453.54358.99261.95156.41

About The Company

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.

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Five Star Business Finance - Promoter(s)

Pre Issue Share Holding: 40.07%

Post Issue Share Holding: 33.65%

Company Promoter(s)

  1. Lakshmipathy Deenadayalan
  2. Hema Lakshmipathy
  3. Shritha Lakshmipathy
  4. Matrix Partners India Investment Holdings II, LLC
  5. SCI Investments

Five Star Business Finance IPO - Issue Objectives

  1. The Company will not receive any proceeds from the Offer and all such proceeds will go to the Selling Shareholders.

Five Star Business Finance IPO - Anchor Investors

Five Star Business Finance raises Rs 588 crore from anchor investors ahead of IPO.
Marquee investors like Smallcap World Fund Inc, American Funds, Fidelity Funds, Volrado Venture, Abu Dhabi Investment Authority, Government Pension Fund Global, Carmignac Portfolio, and Segantii India Mauritius bought shares in the company.
Domestic mutual funds and other firms including HDFC Mutual Fund, Baroda BNP Paribas, Edelweiss, Mirae Asset, and SBI Life Insurance Company also participated in the anchor book.

Five Star Business Finance IPO - FAQs

Ans. Five Star Business Finance Ltd. IPO is a Mainboard IPO. The issue is priced at ₹450-474 per equity share. The minimum order quantity is 31 Shares. The IPO opens on Nov 9, 2022, and closes on Nov 11, 2022. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Five Star Business Finance Ltd. IPO opens on Nov 9, 2022 and closes on Nov 11, 2022.

Ans. The size of Five Star Business Finance Ltd. IPO is OFS : 1960.05 Cr Approx.

Ans. The IPO price band is set between ₹450-474 per equity share.

Ans. To apply for Five Star Business Finance Ltd. IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Five Star Business Finance Ltd. IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Five Star Business Finance Ltd. IPO is Nov 16, 2022.

Ans. The Five Star Business Finance Ltd. IPO will be listed on Nov 21, 2022.

Ans. Follow the steps to check the allotment status for Five Star Business Finance Ltd. IPO here.