Five-Star Business Finance Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 16,808,529 (50%) | — | ₹79,672 Cr |
| NII (HNI) | — | 5,042,560 (15%) | — | ₹23,902 Cr |
| Retail | — | 11,765,972 (35%) | — | ₹55,771 Cr |
| Σ Total | — | 33,617,061 (100%) | — | ₹1,593,449 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 31 | ₹14,694 |
| Retail (Max) | 13 | 403 | ₹191,022 |
| S-HNI (Min) | 14 | 434 | ₹205,716 |
| B-HNI (Min) | 67 | 2,077 | ₹984,498 |
Financial Statements Amount in Crore
| Metric | 31-Mar-20 | 31-Mar-21 | 30-Jun-21 |
|---|---|---|---|
| Revenue | 787 | 1,051 | 301 |
| Profit After Tax | 262 | 359 | 102 |
| Net Worth | 1,945 | 2,318 | 2,944 |
| Total Assets | 4,353 | 5,794 | 6,129 |
| Total Borrowing | 2,364 | 3,425 | 3,121 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To carry out the Offer for Sale and achieve the benefits of listing the Equity Shares on the Stock Exchanges –
Company Overview
Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI (Non-Banking Finance Company) providing secured business loans to micro-entrepreneurs and self-employed individuals. The company has an extensive network of 311 branches, as of June 30, 2022, spread across eight states and one union territory and approximately 150 districts across India, with Tamil Nadu, Andhra Pradesh, Telangana and Karnataka being the key states.
Five Star Business Finance Limited has created a business model based on identifying an appropriate risk framework and the ideal instalment-to-income ratio to make sure that customers have the resources to repay the loan after meeting their regular obligations and other event-based capital requirements.
The company is headquartered in Chennai, Tamil Nadu with a strong presence in south India. As of September 30, 2021, we had a total of 4,306 employees.
The company has provided loans to more than 185,000 customers in total. They had an active loan base of 230,175 and 217,745 as of June 30, 2022, and March 31, 2022, respectively.
With more than 30,000 million in AUM, the company has the fasted AUM growth among the compared peers. As of June 30, 2022, and March 31, 2022, the Total Borrowings were Rs 25,203.19 million and Rs 25,588.31 million, respectively.