Five-Star Business Finance IPO
Five-Star Business Finance IPO Details: IPO Open 9 Nov to 11 Nov 2022
The Company was incorporated as Five-Star Business Credits Private Limited at Chennai, Tamil Nadu as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 7, 1984, issued by the Registrar of Companies, Tamil Nadu at Chennai (“RoC”). Our Company was converted from a private limited company to a public limited company pursuant to board resolution dated September 7, 1988 and special resolution passed by the Shareholders at the EGM dated October 3, 1988. Consequently, the name of our Company was changed from ‘Five-Star Business Credits Private Limited’ to ‘Five-Star Business Credits Limited’ and the certificate of incorporation was amended on October 3, 1988. The name of our Company was subsequently changed to ‘Five-Star Business Finance Limited’ pursuant to board resolution dated March 25, 2015 and special resolution passed by our Shareholders at the EGM held on April 12, 2016, and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on May 13, 2016. For further details see, “History and Certain Corporate Matters” on page 196. Our Company is registered with the Reserve Bank of India (“RBI”) to carry on the business
of non-banking financial institution without accepting public deposits (certificate of registration no. B-07.00286). For details, see “Government and Other Approvals” beginning on page 345.
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
Promoters : Lakshmipathy Deenadayalan, Hema Lakshmipathy, Shritha Lakshmipathy, Matrix Partners India Investment Holdings II, LLC & SCI Investment V.
Managing Director : Lakshmipathy Deenadayalan
| Issue Amount | Upto Rs 2,751.95 Crores |
| IPO Open Date | Nov 9, 2022 to Nov 11, 2022 |
| Face Value | Rs 1 Per Share |
| Price Band | Rs 450 to 474 |
| Lot Size | 31 Shares |
| Offer for Sale | 4,35,55,666 Equity Shares |
| Offer Type | Book Built Offer |
| IPO Registrar | KFin Technologies Limited |
| Event | Tentative Date |
|---|---|
| IPO Open Date | 9 November 2022 |
| IPO Close Date | 11 November 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 16 November 2022 |
| Initiation of Refunds | 17 November 2022 |
| Credit of Shares to Demat Account | 18 November 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 21 November 2022 |
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
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.
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) As per 31 March, | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | 6,343 | 5,794 | 4,353 |
| Total Revenue | 1,256 | 1,051 | 787 |
| Net Profit & Loss For The Period After Tax | 454 | 359 | 262 |
Download RHP File
Download DRHP File
Issue Amount : Upto Rs 2,751.95 Crore.
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.
Wednesday, 9 November 2022 to Friday 11 November 2022.
The IPO is to open on 9 November 2022 for QIB, NII, and Retail Investors.
Pre Issue Share Holding: 40.07%
Post Issue Share Holding: 33.65%
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
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
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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