The Five Star Business Finance date has been confirmed from Novemeber 9 and ended on November 11. Read the post to learn about Five Star Business Finance IPO GMP.
The date for Five Star Business Finance IPO has been confirmed; the IPO is expected to go public on November 9 and close on November 11. Five Star Business Finance Technologies IPO will raise approximately 1960 crores through an IPO, including a fresh issue of [.] crores and an offer for sale of up to 1960 crores of 1 each. The retail share is 35%, the QIB share is 50%, and the HNI share is 15%.
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Key Details Of Five Star Business Finance IPO
Bidding Dates
Novemeber 9- 11 ,
2023
Price Range
₹450 to ₹474 per
share
Face Value
₹1 per share
GMP
₹-2
Five Star Business Finance IPO GMP
The Five Star Business Finance IPO GMP Today is ₹[-2].
Five Star Business Finance IPO Overview
Five Star Business Finance Limited is categorized as a non-deposit-taking finance company, which is regulatory listed with the Reserve Bank of India (RBI) in the Non-Banking Finance Company-Non-Deposit Taking-Systemically Important (NBFC-ND-SI) category. The Five Star Business Finance IPO GMP Today is ₹[-2]. They differ only in the range of microcredit, which could be a small business loan or a small mortgage loan for different business purposes or their personal needs.
The NBFC, with an extensive branch network of around 250 active branches across 125 districts, 8 states and a union territory, is the best option for anyone who needs financial assistance. A credit of Five Star Business Finance from Rs 1 lakh to Rs 10 lakh bears the term of repayments 7 years as requested. One of borrowers’ most valuable options is to select either the monthly or the quarterly payment mode. The loans are primarily meant to finance basic needs, which include buying assets like house improvement or renovations, and they are also suitable in the early stages of one’s life when people have critical financial obligations like marriage or college expenses.
Five Star Business Finance IPO Date & Price Band Details
| Five Star Business Finance IPO Open: | November 9, 2022 |
| Five Star Business Finance IPO Close: | November 11, 2022 |
| Five Star Business Finance IPO Size: | Approx ₹1960 Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx ₹1960 Crores |
| Face Value: | ₹1 Per Equity Share |
| Five Star Business Finance IPO Price Band: | ₹450 to ₹474 Per Share |
| Five Star Business Finance IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Five Star Business Finance IPO Market Lot
The IPO of Five Star Business Finance has a minimum market lot of 31 shares, requiring an application amount of ₹14,694. Retail investors have the opportunity to apply for a maximum of 13 lots, which amounts to 403 shares or ₹191,022.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 31 | ₹14,694 |
| Retail Maximum | 13 | 403 | ₹191,022 |
| S-HNI Minimum | 14 | 434 | ₹205,716 |
| B-HNI Minimum | 68 | 2,139 | ₹1,013,886 |
Five Star Business Finance IPO Allotment and Listing Dates
| Price Band Announcement: | November 3, 2022 |
| Anchor Investors Allotment: | November 7, 2022 |
| Five Star Business Finance IPO Open Date: | November 9, 2022 |
| Five Star Business Finance IPO Close Date: | November 11, 2022 |
| Basis of Allotment: | November 16, 2022 |
| Refunds: | November 17, 2022 |
| Credit to Demat Account: | November 18, 2022 |
| Five Star Business Finance IPO Listing Date: | November 21, 2022 |
Five Star Business Finance Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
| 2020 | ₹787 | ₹438 | ₹26.20 |
| 2021 | ₹1051 | ₹575 | ₹35.90 |
| 2022 6M | ₹611 | ₹323 | ₹21.75 |
Five Star Business Finance IPO Valuation, FY2021
review the valuations of the Five Star Business Finance IPO for specific information such as Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹14.01 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.85% |
| Net Asset Value (NAV): | ₹85.26 per Equity Share |
Company Profile
Established in 1984, Five Star Business Finance Limited is a Non-Deposit, Non-Banking Finance Company (NBFC-ND-SI) that mainly deals with secured business loans to artisans, the self-employed, and small business owners. With an extensive network of 311 branches across 8 States and 1 Union Territory, the company has been distributed into the branches of Tamil Nadu, Andhra Pradesh, Telangana and Karnataka, respectively. Five Star Business Finance Limited has designed a business module based on an ideal risk system analysis and arriving at one solution using the highest risk framework ideal instalment-to-income ratio.
Such an approach assists the borrowers in obtaining the required funds to repay their loans without curtailing their daily expenditures and meeting their unanticipated capital needs at events. The firm, located in Chennai, Tamil Nadu, is referred to as one of the top companies in the southern part of India. By September 30, 2021, Five Star Business Finance Limited had an employee population numbering 4,306 fully committed to their roles.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | https://karisma.kfintech.com |
Contact Details
| Name | Five Star Business Finance Limited |
| Phone number | +91 44 4610 6260 |
| Email ID | [email protected] |
| Website | https://fivestargroup.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Five Star Business Finance FAQs
When Five Star Business Finance IPO start?
The Five Star Business Finance IPO starts on November 9, 2022. The issue ends on November 11, 2022.
When will Five Star Business Finance IPO allot?
The Five Star Business Finance IPO allot status will be available online on November 16, 2022.
When is Five Star Business Finance IPO listing?
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