Business Standard

Five-Star Business Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,588.51 cr

Price Range (₹)

474

Lot Size

31

Min Investment (₹)

14,694.00

Listing Exchange

MumbaiNSE

Open Date

09-Nov-2022

Close Date

11-Nov-2022

Listing Date

21-Nov-2022

Latest IPO News

    The Shares of Five-Star Business Finance Ltd have now been listed.

    Five-Star Business Finance Ltd IPO Details

    Initial public offering of 3,35,12,901 equity shares of face value of Re. 1 each (Equity Shares) of Five-Star Business Finance Limited (The Company or the Company or the Issuer) for cash at a price of Rs. 474 per equity share (including a premium of Rs. 473 per equity share) (Offer Price) aggregating to Rs. 1588.51 crores (the Offer) through an offer for sale of 3,35,12,901* equity shares (the Offer for Sale), consisting of 28,51,013 equity shares aggregating to Rs. 135.14 crores by SCI Investments v, 1,23,00,802 equity shares aggregating to Rs. 583.06 crores by Matrix Partners India Investment Holdings ii, llc, 206,667* equity shares aggregating to Rs. 9.80 crores by Matrix Partners India Investments ii Extension, llc, 61,80,148 equity shares aggregating to Rs. 292.94 crores* by Norwest Venture Partners x Mauritius and 1,19,74,271 equity shares aggregating to Rs. 567.58 crores by TPG Asia vii SF Pte. ltd. (collectively, the Selling Shareholders, and such equity shares, the Offered Shares).*Subject to finalisation of the basis of allotment and it excludes multiple bids and bids not banked.Bids can be made for a minimum of 31 equity shares in multiples of 31 equity shares thereafter.

    Objective of issue

    To achieve the benefits of listing the Equity Shares on the Stock Exchanges.

    Five-Star Business Finance Ltd Contact Details

    Five-Star Business Finance Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - cs@fivestargroup.in

    Website - www.fivestargroup.in