Five Star Business Finance IPO Date, Review, Price, Allotment, Analysis

Five Star Business Finance IPO date is fixed, the IPO is might hit the market on November 9 and will close on November 11. Five Star Business Finance Technologies IPO to raise around ₹1960 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to ₹1960 crores of ₹1 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Check Five Star Business IPO Allotment Status

Five Star Business Finance Limited is a registered Non-Banking Finance Company (NBFC-ND-SI) with the Reserve Bank of India (RBI). They provide Small Business loans and Small Mortgage loans for Business & Other purposes. They have over 250 branches in over 125 districts, 8 states, and 1 union territory. The key states for their business are Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.

Five Star Business Finance offers loans ranging between Rs 1 lakh to Rs 10 lakhs for a tenure of up to 7 years. The payment should be made on a monthly or quarterly basis. They offer loans for asset creation such as a home renovation or improvement, or meeting expenses for significant economic events such as marriage, healthcare, and education.

Important Details

• Having good presence in states like Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka.
• Registered Non-Banking Finance Company (NBFC-ND-SI) with the RBI.
• The company is having more that 4000 employees in 8 states and, 1 union territory.

Five Star Business Finance IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Angel One: Neutral
• Anand Rathi: May Apply
• Capital Market: May Apply
• Hem Securities: Apply
• Reliance Securities: Apply

Five Star Business Finance IPO Date & Price Band Details

Five Star Business Finance IPO Market Lot

The Five Star Business Finance IPO minimum market lot is 31 shares with ₹14,694 application amount. The retail investors can apply up-to 13 lots with 403 shares or ₹191,022 amount.

Five Star Business Finance IPO Allotment & Listing Dates

The Five Star Business Finance IPO date is November 9 and the close date is November 11. The Five Star Business Finance IPO allotment will be finalized on November 16 and the IPO listing on November 21.

You can check Five Star Business Finance IPO subscription status and Five Star Business Finance IPO allotment status on their respective pages.

Five Star Business Finance IPO Form

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 Company Financial Report

Five Star Business Finance IPO Valuation – FY2021

Check Five Star Business Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Five Star Business Finance IPO Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

Five Star Business Finance IPO Allotment Status Check

Check Five Star Business Finance IPO allotment status on KFintech website allotment URL. Click Here

Five Star Business Finance IPO Lead Managers

• ICICI Securities Limited
• Edelweiss Financial Services Ltd
• Kotak Mahindra Capital Company Limited
• 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]
Website: https://fivestargroup.in/

Five Star Business Finance IPO FAQs