The Five Star Business Finance date has been confirmed from Novemeber 9 and ended on November 11 .
The IPO date for Five Star Business Finance 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 that will include 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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Bidding Dates
Novemeber 9 – 11 ,2023
Price Range
₹450 to ₹474 per share
Face Value
₹1 per share
GMP
₹-2
Five Star Business Finance GMP
The Five Star Business Finance IPO GMP is ₹[-2].
IPO Overview
Five Star Business Finance Limited is an NBFC-ND-SI registered with the Reserve Bank of India (RBI). They specialize in offering small business loans and small mortgage loans for various commercial and personal purposes. With an extensive network of approximately 250 branches, they cater to customers across 125 districts, eight states, and one union territory. Their primary focus states include Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka. Five Star Business Finance provides loans ranging from Rs 1 lakh to Rs 10 lakh, with flexible repayment terms of up to 7 years. Borrowers have the option to make monthly or quarterly payments. These loans are designed to support the acquisition of assets, such as home renovations or improvements, as well as to meet important financial obligations like marriage expenses, healthcare expenses, and educational 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-Banking Finance Company (NBFC-ND-SI) that specializes in providing secured business loans to micro-entrepreneurs and self-employed individuals. With a vast network of 311 branches across eight states and one union territory, as well as approximately 150 districts throughout India, the company has established a strong presence in Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka. Five Star Business Finance Limited has developed a unique business model that revolves around identifying an appropriate risk framework and determining the
ideal instalment-to-income ratio. This approach ensures that customers have the necessary resources to repay their loans while fulfilling their regular obligations and addressing any event-based capital requirements. Headquartered in Chennai, Tamil Nadu, the company holds a prominent position in the southern region of India. As of September 30, 2021, Five Star Business Finance Limited boasted a workforce of 4,306 dedicated employees.
Registrar Info
Name | LINK INTIME INDIA PRIVATE LIMITED |
Phone number | 04067162222, 04079611000 |
Email ID | einward.ris@kfintech.com |
Website | https://karisma.kfintech.com |
Contact Details
Name | Five Star Business Finance Limited |
Phone number | +91 44 4610 6260 |
Email ID | cs@fivestargroup.in |
Website | https://fivestargroup.in |
IPO Strenghts
- 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.