The date for the first public offering of Five Star Business Finance IPO has been set; it may begin trading on November 9 and end on November 11.
Five Star Business Finance Technologies is planning to generate around $1960 crores through an initial public offering (IPO), including a fresh issuance of [.] crores and the offer for sale of up to $1960 crores of each. Retail is allotted 35%, QIB 50%, and HNI 15%.
The Reserve Bank of India has Five Star Business Finance Limited listed as a Non-Banking Finance Company (NBFC-ND-SI) (RBI). For business and other uses, they offer small business loans and small mortgage loans. More than 125 districts, 8 states, and 1 union territory have more than 250 branches.
Loans from Rs 1 lakh to Rs 10 lakh are available through Five Star Business Finance for up to 7 years. The payment must be made every month or every three months. They provide loans to cover costs associated with significant life events like marriage, healthcare, and education, as well as the creation of assets like home improvements or renovations.
Key Takeaways
- Brokerage Firm IPO Review
- Five Star Business Finance IPO Date & Price Band Details
- Five Star Business Finance IPO Allotment & Listing Dates
- Five Star Business Finance IPO Market Lot
- Five Star Business Finance IPO Form
- Five Star Business Finance IPO Valuation – FY2021
- Answers to most of the frequently asked questions
Brokerage Firm IPO Review
- Hem Securities: Apply
- Reliance Securities: Apply
- Angel One: Neutral
- Anand Rathi: May Apply
- Capital Market: May Apply
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 |
Five Star Business Finance IPO Allotment & Listing Dates
November 9 is the Five Star Business Finance IPO date, and November 11 is the closure date. On November 16, the Five Star Business Finance IPO allocation will be decided, and on November 21, the IPO listing will take place.
On their separate sites, you may monitor your subscription status to the Five Star Business Finance IPO and your allocation to the IPO.
| 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 Market Lot
The minimum market lot for the Five Star Business Finance IPO is 31 shares with a 14,694 application amount. Retail investors may submit up to 13 lots totaling 403 shares, or $191,022, in their applications.
| 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 Form
How can I register for the IPO of Five Star Business Finance? Via ASBA, which is accessible via your bank account, you may apply for the Five Star Business Finance IPO. Connect to your bank account online and choose the Five Star Business Finance IPO from the Invest section to apply.
The option is to apply for the Five Star Business Finance IPO using IPO forms that may be downloaded from the NSE and BSE. Check out Five Star Business Finance’s blank IPO forms by clicking BSE Forms & NSE Forms, filling them out, and sending them to your bank or broker.
Five Star Business Finance IPO Valuation – FY2021
Please review the Five Star Business Finance IPO valuations information, including the Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) statistics.
| 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 |
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/
Peer Group
- Aavas Financiers
- Aptus Value
- Au Small Finance Bank
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
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Conclusion
To sum up, the five-star business finance IPO date, pricing, and review are all positive developments for investors. Since the announcement, the stock prices have risen, and there is potential for more expansion in the coming years.
The market is ideal for businesses to receive the capital they require to grow and succeed, especially with the increased interest in high-quality and creative firms.
The final phrase or instruction would be to start investing right away!
FAQs
How Can I Apply For The Upstox IPO Of Five Star Business Finance?
Use your login information to access the Upstox application. Decide on the IPO. The IPO Name “Five Star Business Finance” will be shown. Select the “Bid” button. Verify the application. Go to your BHIM or UPI app on Net Banking to approve the mandate. Demat Account with Upstox Open.
How Can I Use Paytm Money To Apply For The Five Star Business Finance IPO?
Use your login information to access the Paytm Money Application. Decide on the IPO. The IPO Name “Five Star Business Finance” will be shown. Select the “Bid” button. Verify the application. Go to your BHIM or UPI app on Net Banking to approve the mandate. Create a Demat account using Paytm.
What Is The IPO Size For Five-Star Business Finance?
The size of the Five Star Business Finance IPO is 1,960 crores.
What Is The IPO Price Band For Five Star Business Finance?
The price range for the Five Star Business Finance IPO is between $450 to $474.
What Are The Minimum And Maximum Lot Sizes For The Five Star Business Finance IPO?
The smallest bid is 31 Shares for 14,694, and the highest is 403 Shares for 191,022.
What Is The IPO Allotment Date For Five Star Business Finance?
The IPO allocation date for Five Star Business Finance is November 16.
What date Is The IPO Listing for Five Star Business Finance?
The November 21 IPO listing date for Five Star Business Finance. Both the BSE and NSE will list the IPO.
References
https://ipobazar.in/five-star-business-finance-ipo/
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About Author
- I am a professional article and e-book writer with 4 years of experience, I write on well research content on cryptocurrency, stocks, loans and finances.
