Five-Star Business Finance Subscription Status, Expected Return & GMP Today
IPO Listing Date: Monday, 21 November 202, 10:00 AM
Five-Star Business Finance IPO Subscription Status?
As of Last day 11th November 2022 07:00 PM IST. The IPO has been subscribe 0.70 Times.
| Category | Status |
|---|---|
| Retail Individual Investor | 0.11 Times |
| Non-Institutional Investor | 0.61 Times |
| Qualified Institutional Buyers | 1.77 Times |
| Employee | – |
| Total | 0.70 Times |
What is Five Star Business Finance IPO GMP Today?
The IPO GMP is₹-5 as of today.
What is Five-star Business Finance Limited IPO GMP Today?
Today Gray Market Premium Rate is Rs -5/-
What is Five Star Business Finance IPO Expected Returns?
This IPOs Expected Return is -1% 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
| Date | GMP in Rs |
|---|---|
| 12-Nov-2022 | -5 |
| 11-Nov-2022 | 5 |
| 10-Nov-2022 | 10 |
| 09-Nov-2022 | 10 |
| 08-Nov-2022 | 10 |
| 07-Nov-2022 | 15 |
| 06-Nov-2022 | 20 |
| 05-Nov-2022 | 20 |
Five Star Business Finance Limited IPO Details
| 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 |
Five-star Business Finance Ltd. IPO Timeline, IPO Open Date, Listing Date, Refund Date
| 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 |
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
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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
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
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, | 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 |