Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
No Result
View All Result
Friday, February 3, 2023
  • Login
  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
Subscribe
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
No Result
View All Result
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
No Result
View All Result
Home IPO

Date, Price, GMP, and Details of Five Star Business Finance IPO

by Suraj Borade
December 20, 2022
in IPO
0
Five Star Business Finance IPO

Five Star Business Finance IPO

152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Date, Price, GMP, and Details of Five Star Business Finance IPO

Five Star Business Finance IPO
Five Star Business Finance IPO
  • Founded in 1984, Five Star Business Finance Limited is a non-banking financial institution that specializes in supplying micro- and self-employed borrowers with secured business loans.
  • As of the 30th of June, 2022, the company’s wide branch network in India covers 8 states, 1 union territory, and over 150 districts; the most important of them are Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.
  • Five Star Business Finance Limited has built its business model around the identification of a suitable risk framework and the optimal instalment-to-income ratio, both of which are intended to ensure that borrowers can afford to repay their loans after meeting all of their other financial commitments and any unforeseen expenses.
  • The corporation has a significant presence in southern India and its headquarters is located in Chennai, Tamil Nadu. We had 4,306 workers as of the 30th of September, 2021.
  • Overall, more than 185,000 clients have received loans from the organisation. As of June 30 and March 31 of 2022, their respective loan bases were 230,175 and 217,745.
  • The company’s AUM growth rate of over $30 billion makes it the leader among its competitors. Total Borrowings were Rs 25,203.19 million as of June 30, 2022, and Rs 25,588.31 million as of March 31, 2022, respectively.
  • With a CAGR (“Compound Annual Growth Rate”) on Gross Term Loans of 65.0% (Financial Year 2017 to 2021), FBFL has the highest growth rate among its compared peers (being NBFCs in India) – within a subset of large peers (with more than Rs. 3000 cr. in Gross Term Loans); FBFL has on Gross Term Loans of 7.5%, across the period covering Financial Years 2022, 2021, and 2020; and
  • As of June30, 2022, the company’s 311 branches can be found in over 150 districts spanning eight states and one union territory; nevertheless, its primary markets are the states of Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka. About 85% of the total number of branches as of June30, 2022, were located in these strategic states. About 95% of its branches as of June 30, 2022, were situated in urban areas with populations of a million or less. At the end of June 2022, there were 6,077 people working for the company.
Goals of the Debate
The Offer will not bring in any money for the Company. Instead, all of the money will go to the shareholders who are selling their shares.

 

Company Financials

Five Star Business Finance Ltd Financial Information (Restated)
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 Details

IPO Date Nov 9, 2022 to Nov 11, 2022
Listing Date Monday, November 21, 2022
Face Value ₹1 per share
Price ₹450 to ₹474 per share
Lot Size 31 Shares
Issue Size 33,617,061 shares of ₹1
(aggregating up to ₹1,593.45 Cr)
Offer for Sale 33,617,061 shares of ₹1
(aggregating up to ₹1,593.45 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
QIB Shares Offered Not more than 50% of the Offer
NII (HNI) Shares Offered Not less than 15% of the Offer
Retail Shares Offered Not less than 35% of the Offer
Company Promoters Lakshmipathy Deenadayalan, Hema Lakshmipathy, Shritha Lakshmipathy, Matrix Partners India Investment Holdings II, LLC and SCI Investments V are the company promoters.

IPO tentative schedule for Five Star Business Finance

The IPO for Five Star Business Finance starts on November 9, 2022, and ends on November 11, 2022. The bid date for the Five Star Business Finance IPO is from 10 a.m. on November 9, 2022, to 5 p.m. on November 11, 2022. The last time to confirm a UPI Mandate is at 5 p.m. on the day the issue ends.

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

 

IPO Lot Size Five Star Business Finance

The size of an IPO lot for Five Star Business Finance is 31 shares. A retail 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 Promoter Holding

Pre Issue Share Holding 40.07%
Post Issue Share Holding 33.65%

Releases of Initial Public Offering Announcements

  • Success for Five Star Business Finance’s Initial Public Offering
    The initial public offering (IPO) for Five Star Business Finance was successful despite being undersubscribed (0.70 percent). Due to the company’s 100% OFS status, the issue size was modified based on the response.
  • Its upper band revenue was Rs 1005.06 cr, against an overall book size of Rs 1381 cr. Following are some of the requirements that must be met for the IPO to be considered a success.
  • At least a thousand forms A minimum of a one-time subscription is required for the QIB part.
  • It is recommended that at least 10% of the market cap be held by the public.
Five Star Business Finance IPO
Five Star Business Finance IPO
  • Those three standards have been satisfied with success. The first two requirements are satisfied, and the third indicator is discussed further down.
  • The IPO of Five Star Business Finance is expected to raise a total of Rs 13810 cr. The overall market value is equal to the upper IPO price band of Rs Rs 474 times the current number of outstanding shares (291,366,120).
  • Therefore, they needed to raise a total of Rs 1,381 cr (10% of the market cap). There were a total of Rs 588 cr and Rs 1005 cr subscribed to the anchor book by the end of the subscription period. The sum of Rs 1593 cr is more than the necessary Rs 1381 cr.

Five Star Business Finance IPO Subscription Status (Bidding Detail)

The Five Star Business Finance IPO is subscribed 0.70 times on Nov 11, 2022 7:00:00 PM. The public issue subscribed 0.11 times in the retail category, 1.77 times in the QIB category, and 0.61 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times)
QIB 1.77
NII 0.61
    bNII (bids above ₹10L) 0.78
    sNII (bids below ₹10L) 0.28
Retail 0.11
Total 0.70

 

Five Star Business Finance IPO Listing Date

Listing Date Monday, November 21, 2022
BSE Script Code 543663
NSE Symbol FIVESTAR
Listing In B Group of Securities
ISIN INE128S01021
IPO Price ₹474 per share
Face Value ₹1 per share

Company Contact Information

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

Five Star Business Finance IPO FAQs

What is Five Star Business Finance IPO?

The first public offering (IPO) for Five Star Business Finance is for a total of 1,593.45 Crores, or 33,617,061 equity shares with a face value of 1. Shares in the issuance are listed at a price range of 450 and 474 Japanese yen. In order to place an order, you must purchase at least 31 shares.

The IPO begins trading on November 9, 2022, and ends two weeks later on November 11, 2022.

The IPO’s registrar is KFin Technologies Limited. The planned listing exchanges for the shares are the Bombay Stock Exchange and the National Stock Exchange.

How to apply in Five Star Business Finance IPO through Zerodha?

Customers of Zerodha can use UPI as a payment option for their online IPO application to Five Star Business Finance. An IPO application form for Five Star Business Finance can be found in the Zerodha Console (back office), where interested clients can access it.

Application Procedures for Zerodha’s Five Star Business Finance IPO

  • Go to Zerodha.com and sign into Console there.
  • To learn more about initial public offerings (IPOs), visit Portfolio.
  • Click the “Bid” link in the row labelled “Five Star Business Finance IPO.”
  • Type in your UPI number, quantity, and desired price.
  • Use the button labelled “Submit” to hand in your IPO application.
  • You can give your consent to the mandate by using the UPI app (net banking or BHIM).
  • For further information, please refer to our review on applying for an IPO with Zerodha.

When is the IPO date for Five Star Business Finance?

The IPO date for Five Star Business Finance is Monday, November 21, 2022.

When did Five Star Business Finance start selling shares?

The Basis of Allotment for Five Star Business Finance’s IPO will be finalised on November 16, 2022, and the allotted shares will be added to your demat account by November 18, 2022. Check the status of the Five Star Business Finance IPO.

Tags: Five Star Business Finance IPOfive star business finance ipo dateFive Star Business Finance IPO Detailsfive star business finance ipo gmpfive star business finance ipo priceFive Star Business Finance IPO Reviewfive star business finance ipo valuationipo
  • Trending
  • Comments
  • Latest
npst ipo npst ipo gmp npst ipo grey market premium npst ipo subscription status npst ipo review npst ipo is good or bad npst ipo gmp today

Network People Services Technologies Limited IPO (NPST IPO) | Apply NPST IPO 2022

December 17, 2022
kfintech ipo status kfintech ipo allotment status kfintech ipo allotment status check ris.kfintech ipo status www.kfintech.com ipo allotment status

Electronics Mart India IPO allotment Status Check Online On Kfintech 2022 ( EMI IPO 2022 ) kfintech ipo status

December 17, 2022
ipo grey market ipo grey market premium chittorgarh ipo grey market ipo grey market price ipo grey market premium today

IPO Grey Market Premium, Latest IPO GMP & Kostak Rates 2022

December 20, 2022
what is tpin what is tpin in zerodha what is tpin in groww what is tpin in angel broking what is tpin in cdsl what is tpin in upstox what is tpin number what is tpin in bank

What is TPIN & How to Generate TPIN in Zerodha?

December 17, 2022
Best Stock Broker in India – Compare Top 10 Stock Brokers in India

Best Stock Broker in India – Compare Top 10 Stock Brokers in India

0
what is tpin what is tpin in zerodha what is tpin in groww what is tpin in angel broking what is tpin in cdsl what is tpin in upstox what is tpin number what is tpin in bank

What is TPIN & How to Generate TPIN in Zerodha?

0
npst ipo npst ipo gmp npst ipo grey market premium npst ipo subscription status npst ipo review npst ipo is good or bad npst ipo gmp today

Network People Services Technologies Limited IPO (NPST IPO) | Apply NPST IPO 2022

0

How to apply IPO in Zerodha?

0
Family Care Hospitals Rights

Family Care Hospitals Rights Issue 2022: Details of the Rights Issue

January 4, 2023
indegene limited ipo

Issue Price, Date, News, Allotment Status & GMP Indegene Limited IPO

January 5, 2023
Anlon Technology Solutions Limited IPO

Anlon Technology IPO: GMP, Date, Price, Review, and Allotment

January 3, 2023
SVS Ventures IPO

SVS Ventures IPO Date, Price, GMP, Review, & Details

January 3, 2023

Recent News

Family Care Hospitals Rights

Family Care Hospitals Rights Issue 2022: Details of the Rights Issue

January 4, 2023
indegene limited ipo

Issue Price, Date, News, Allotment Status & GMP Indegene Limited IPO

January 5, 2023

Categories

  • India Trade Portal
  • IPO
  • NPST IPO
  • STOCK MARKET
  • Uncategorized
  • Zerodha

Site Navigation

  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading – Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India

All of your financial inquiries can be answered at IndiaTradePortal.com . We are a group of proactive experts committed to assisting you in making better investments. We firmly believe that everybody can profit from their investments. All people need to do to get good returns on their investments is be willing to put in the time and work necessary to achieve their objectives.

Copyright © 2022 All Rights Reserved IndiaTradePortal.com

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Indian Trade Portal
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

Copyright © 2022 All Rights Reserved IndiaTradePortal.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In