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%.
Five Star Business Finance Limited is a Reserve Bank of India (RBI)-registered non-banking finance company (NBFC-ND-SI). They offer small business loans and small mortgage loans for commercial and other purposes. They have nearly 250 branches spread throughout 125 districts, eight states, and one union territory. Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka are important states for their business. Five Star Business Finance provides loans ranging from Rs 1 lakh to Rs 10 lakh with terms of up to 7 years. The payment should be made either
monthly or quarterly. They provide loans for the production of assets, such as home renovations or improvements, as well as for the payment of key economic events such as marriage, healthcare, and education.
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 |
Important Details
- having a 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 has more than 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 Market Lot
The Five Star Business Finance IPO minimum market lot is 31 shares with a ₹14,694 application amount. Retail investors can apply for up to 13 lots with 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
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.
| 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 IPO Form
How do I apply for the Five Star Business Finance IPO? –> You can apply for the Five Star Business Finance IPO using your bank account’s ASBA. Simply log in to your online banking account and apply using your bank account by selecting the Five Star Business Finance IPO in the Invest section. You can also apply for the Five Star Business Finance IPO using IPO forms downloaded from the NSE and BSE. Take a look at the Five Star Business Finance forms.
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
Check Five Star Business Finance IPO valuations for details like 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 |
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
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 Lead Managers
- ICICI Securities Limited
- Edelweiss Financial Services Ltd
- Kotak Mahindra Capital Company Limited
- Nomura Financial Advisory And Securities (India) Pvt Ltd
Five Star Business Finance IPO FAQs:
Q1. What is a Five Star Business Finance IPO?
Ans. Five Star Business Finance IPO is a main-board IPO. They are going to raise ₹1,960 Crores via IPO. The issue is priced at ₹450 to ₹474 pr equity share. The IPO is to be listed on BSE & NSE.
Q2. When Five Star Business Finance IPO will open?
Ans. The IPO is to open on November 9, 2022 for QIB, NII, and Retail Investors.
Q3. What is Five Star Business Finance IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Five Star Business Finance IPO?
Ans. You can apply for Five Star Business Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Five Star Business Finance IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Five Star Business Finance”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Five Star Business Finance IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Five Star Business Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Five Star Business Finance IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Five Star Business Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Five Star Business Finance IPO Size?
Ans. Five Star Business Finance IPO size is ₹1,960 crores.
Q9. What is Five Star Business Finance IPO Price Band?
Ans. Five Star Business Finance IPO Price Band is ₹450 to ₹474.
Q10. What is Five Star Business Finance IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 31 Shares with ₹14,694 amount while the maximum bid is 403 shares with ₹191,022.
Q11. What is the Five Star Business Finance IPO Allotment Date?
Ans. Five Star Business Finance IPO allotment date is November 16.
Q12. What is the Five Star Business Finance IPO Listing Date?
Ans. Five Star Business Finance IPO listing date is November 21. The IPO is to list on BSE and NSE.
