Categories: IPO

Five-Star Business Finance GMP Today: Expected Return & Kostak Rate

Five-Star Business Finance GMP Today: Expected Return & Kostak Rate

What is Five Star Business Finance IPO GMP Today?

The IPO GMP is ₹10 as of today.

What is Five-star Business Finance Limited IPO GMP Today?

Today Gray Market Premium Rate is Rs 10/-

What is Five Star Business Finance IPO Expected Returns?

This IPOs Expected Return is 1-2% if Susten this GMP.

What is Five-star Business Finance Limited IPO Kostak Rate Today?

Kostak Rate Today Is Rs. #/-

What is Five Star Business Finance IPO Subject to Sauda Today?

The IPO Subject to Sauda is ₹- as of today.

Five-Star Business IPO Gray Market Premium (GMP) Day by Day

DateGMP in Rs
09-Nov-202210
08-Nov-202210
07-Nov-202215
06-Nov-202220
05-Nov-202220

Five Star Business Finance Limited IPO Details

Issue AmountUpto Rs 2,751.95 Crores
IPO Open DateNov 9, 2022 to Nov 11, 2022
Face ValueRs 1 Per Share
Price BandRs 450 to 474
Lot Size31 Shares
Offer for Sale4,35,55,666 Equity Shares
Offer TypeBook Built Offer
IPO RegistrarKFin Technologies Limited
Issue Details

Five-star Business Finance Ltd. IPO Timeline, IPO Open Date, Listing Date, Refund Date

EventTentative Date
IPO Open Date9 November 2022
IPO Close Date11 November 2022
Time10 AM to 5 PM
Basis of Allotment Date16 November 2022
Initiation of Refunds17 November 2022
Credit of Shares to
Demat Account
18 November 2022
IPO Listing Date (Trading
Commence) NSE & BSE
21 November 2022
IPO Timeline, IPO Open Date, Listing Date, Refund Date

About the company

It is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals, each of whom are largely excluded by traditional financing institutions. It is headquartered in Chennai, Tamil Nadu with a strong presence in south India and all of the loans are secured by its borrowers’ property, predominantly being SORP. Over 95% of its loan portfolio comprises loans from between 0.1 million to 1.0 million in principal amount, with an average ticket size (“ATS” and calculated as the average disbursed sum per customer during the period/year) of 0.29 million, 0.27 million, 0.28 million, 0.26 million and 0.31 million in the three months ended June 30, 2022 and June 30, 2021, and the Financial Years 2022, 2021 and 2020, respectively

If you are interested to apply this IPO register here click here to apply

Founded: 1984

Company Promoters & Managing Director of the Company

Promoters : Lakshmipathy Deenadayalan, Hema Lakshmipathy, Shritha Lakshmipathy, Matrix Partners India Investment Holdings II, LLC & SCI Investment V.
Managing Director : Lakshmipathy Deenadayalan

Offer Breakup

CategoryAllocation
Qualify Institutional Bidders (QIB)50%
Non Institutional Byers (NIB)15%
Retail Individual Investor (RII)35%
Employee
Total100%
Offer Breakup

Top Stock Brokers

Objects Of The Offer:

The objects of the Offer are to
(i) to carry out the Offer for Sale; and
(ii) achieve the benefits of listing the Equity Shares on the Stock Exchanges. Our Company will not receive any proceeds from the Offer and all such proceeds
(net of any Offer related expenses to be borne by the Selling Shareholders) will go to the Selling Shareholders.

Important Financial Data:

For the year/period ended (₹ in Crores) Last Three Year

Particulars (in ₹ Crores)
As per 31 March,
202220212020
Total Assets6,3435,7944,353
Total Revenue1,2561,051787
Net Profit & Loss
For The Period
After Tax
454359262
Important Financial Data

Prospectus Document:

Download RHP File
Download DRHP File

Know all about this IPO

Five-Star Business Finance Ltd. IPO?

Issue Amount : Upto Rs 2,751.95 Crore.

What is Five-Star Business Finance IPO?

IPO is a main-board IPO. They are going to raise 2,751.95 Crores via IPO. The issue is priced at ₹ 450 to ₹ 474 per equity share. The IPO is to be listed on BSE & NSE.

Five-Star Business Finance IPO Open?

Wednesday, 9 November 2022 to Friday 11 November 2022.

Five-Star Business Finance Limited IPO Will Open?

The IPO is to open on 9 November 2022 for QIB, NII, and Retail Investors.

The Five-Star Business Finance IPO Promoter Holding

Pre Issue Share Holding: 40.07%
Post Issue Share Holding: 33.65%

Company Address & Contact Info.

Registered and Corporate Office:
New No. 27, Old No. 4, Taylor’s Road,
Kilpauk, Chennai 600 010, Tamil Nadu,
India; Tel: +91 44 4610 6260;
Website: www.fivestargroup.in;
Contact Person: Shalini Baskaran,
Company Secretary and Compliance Officer;
E-mail: cs@fivestargroup.in;
Corporate Identity Number: U65991TN1984PLC010844

Five-Star Business Finance Limited IPO Registrar

KFin Technologies Limited
(formerly known as KFin Technologies Private Limited)
Selenium, Tower B, Plot No. 31 and 32
Financial District Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: fsbfl.ipo@kfintech.com
Website: www.kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Contact person: M Murali Krishna
SEBI Registration Number: INR000000221

How to apply on Zerodha, Five-Star Business Finance Ltd. IPO through Zerodha?

Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Five-Star Business Finance Ltd. IPO by login into Zerodha Console (back office) and Select an I.P.O application form.

Steps to apply in Five-Star Business Finance Ltd. IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Five-Star Business Finance Ltd. IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can check status on zerodha console.

Click Here to Open Zerodha Account

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