Five Star Business Finance Limited is an NBFC-ND-SI (Non-Deposit taking Non-Banking Financial Company) that provides secured business loans to micro entrepreneurs and self employed individuals, a category that is usually excluded by traditional financing institutions. Over 95% of its loan portfolio comprises loans from between ₹0.1million to ₹1.0million.
It is headquartered in Chennai, Tamil Nadu with a strong presence in south India. As per CRISIL, amongst its peers, it has:
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the fastest Gross Term Loans growth with a CAGR of 65.0% (Financial Year 2017 to 2021)
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the highest average return on Gross Term Loans of 7.5%, across the period covering Financial Years 2022, 2021 and 2020
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the best asset quality among lenders engaged in extending MSME business loans
Financial Snapshot (Rs in Cr)
| Period Ended | Total revenue | EBITDA | PAT | Total Assets | EPS |
|---|---|---|---|---|---|
| June 30, 2022 | 339.06 | 254.58 | 139.43 | 6471.55 | 4.79 |
| March 31, 2022 | 1256.17 | 917.05 | 453.54 | 643.07 | 16.09 |
| March 31, 2021 | 1051.26 | 813.02 | 358.99 | 5793.61 | 14.1 |
| March 31, 2020 | 787.35 | 576.30 | 261.95 | 4353.15 | 10.32 |
For more information, you can check the IPO Prospectus filed by the company 
Important information regarding the IPO
| Issue Period | 9th November -11th November 2022 |
|---|---|
| Price Band | ₹ 450-474 |
| Minimum Bid Quantity | 31 and multiples thereof |
| Face Value | ₹ 1 |
| Number of Shares | 4,13,50,316 shares |
| Issue size | ₹1,960.01 Cr |
| Date of Allotment | 16th November, 2022 |
| Initiation of Refund | 17th November, 2022 |
| Credit of shares | 18th November, 2022 |
| Date of Listing | 21st November, 2022 |
| Mandate end date | 26th November, 2022 |
| Anchor Investors Lock-in End Date | 11th December, 2022 |
How do I apply for How do I apply for Five Star Business Finance Limited IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Five Star Business Finance Limited IPO?
You can check the allotment status on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.