Five Star Business Finance
Mainboard₹14,694 / 31 Shares
Five Star Business Finance IPO Details
The Five Star Business Finance IPO price band is set between ₹450-474 per equity share, with a face value of ₹1 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 Nov, 2022 and closes on 11 Nov, 2022. Investors can check the allotment status on 16 Nov, 2022, while the listing date is tentatively scheduled for 21 Nov, 2022.
The total issue size is OFS : 1960.05 Cr Approx, aggregating up to . Stay tuned for the latest Five Star Business Finance IPO review and GMP updates.
Five Star Business Finance IPO Review, Rating & Analysis
Five Star Business Finance IPO Review
NO REVIEWFive Star Business Finance IPO Rating
Five Star Business Finance IPO Highlights
IPO Date
Nov 9, 2022 - Nov 11, 2022
Listing Date
21 Nov, 2022
Face Value
₹1 Per Equity Share
Price Band
₹450-474 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
1960.05 Cr Approx
Listing At
BSE, NSE
Five Star Business Finance IPO Lot Size
The minimum market lot for Five Star Business Finance IPO is 31 shares with an application amount of ₹14,694. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 31 | ₹14,694 |
| Retail (Max) | 13 | 403 | ₹1,91,022 |
| S-HNI (Min) | 14 | 434 | ₹2,05,716 |
| S-HNI (Max) | 68 | 2108 | ₹9,99,192 |
| B-HNI (Min) | 69 | 2139 | ₹10,13,886 |
Five Star Business Finance IPO Timeline
Issue Price
₹450-474 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
KFin Technologies LimitedLead Manager
ICICI Securities Limited, Edelweiss Financial Services Ltd, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt LtdIssue Size
OFS : 1960.05 Cr ApproxFive Star Business Finance IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 6343.07 | 1256.17 | 453.54 | - | - | - |
| 31 Mar 21 | 5793.61 | 1051.26 | 358.99 | - | - | - |
| 31 Mar 20 | 4353.15 | 787.35 | 261.95 | - | - | - |
| 31 Mar 19 | 2361.17 | 408.99 | 156.41 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Lakshmipathy Deenadayalan
- Hema Lakshmipathy
- Shritha Lakshmipathy
- Matrix Partners India Investment Holdings II, LLC
- SCI Investments
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 40.07% | 33.65% |
About 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.
Five Star Business Finance IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 8,711,132 | 6,533,350 4,355,566 2,177,784 | 15,244,484 | 30,488,966 |
Day 1 -09-11-22 05:00 PM | 0.03 x | 0.01 0.00 x 0.01 x | 0.03 x | 0.02 x |
Day 2 -10-11-22 05:00 PM | 1.01 x | 0.02 0.02 x 0.04 x | 0.06 x | 0.32 x |
Day 3 -11-11-22 05:00 PM | 1.77 x | 0.61 0.78 x 0.28 x | 0.11 x | 0.70 x |
Frequently Asked Questions about Five Star Business Finance IPO
When will Five Star Business Finance IPO open for subscription?
The Five Star Business Finance IPO opens on 9 Nov, 2022 and closes on 11 Nov, 2022.
What is the investors portion for Five Star Business Finance IPO?
The investors' portion for QIB is 1.77 x, NII is 0.78 x, and Retail is 0.11 x.
How to apply for Five Star Business Finance IPO?
You can apply for Five Star Business Finance IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Five Star Business Finance IPO?
The issue size of Five Star Business Finance IPO is approx ₹OFS : 1960.05 Cr Approx crores.
What is the price band of Five Star Business Finance IPO?
The price band for Five Star Business Finance IPO is ₹450 to ₹474 per equity share.
What is the lot size of Five Star Business Finance IPO?
The minimum bid (lot size) for Five Star Business Finance IPO is N/A shares with an investment of approx ₹14,694 .
What is the allotment date of Five Star Business Finance IPO?
The allotment date for Five Star Business Finance IPO is 16 Nov, 2022.
What is the listing date of Five Star Business Finance IPO?
The listing date for Five Star Business Finance IPO is expected to be 21 Nov, 2022.
What is the GMP of Five Star Business Finance IPO?
The latest Grey Market Premium (GMP) for Five Star Business Finance IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.