Five Star Business Finance IPO – Incorporated in 1984, Five Star Business Finance is a registered Non Banking Finance Company (NBFC-ND-SI) which provides secured business loans to micro-entrepreneurs and self-employed individuals.
List of Topic Covered
Key Features of Five Star Business Finance IPO
- Five Star Business Finance IPO will open on Nov 9, 2022
- You can apply in this IPO from Nov 9, 2022 to Nov 11, 2022.
- Issue Price band of the company is ₹450 to ₹474 per equity share.
- Five Star Business Finance IPO comprises only an offer for sale of approx 41,351,266 shares of ₹1 (₹1,960.01 Crores) .
- It has a minimum 31 shares in one lot and you have to spend a minimum of ₹14,694 for 1 lot.
- Five Star Business Finance is looking to raise ₹1,960.01 Crores through this IPO.
What is Five Star Business Finance Ltd
- Five Star Business Finance provides secured business loans to micro-entrepreneurs and self-employed individuals.
- The lender has 311 branches in 150 districts, eight states and one Union territory as of June 30, 2022.
- Mr. Lakshmipathy Deenadayalan is the MD & Chairman of Five Star Business Finance Limited.
- The company has been making consistent profits for the last 3 years. Positive sign for investors.
Five Star Business Finance IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Five Star Business Finance IPO price band is placed at ₹450 to ₹474 , but the grey market premium of this share is currently 0.00% (No trade) i.e. at ₹0. So the share price of Five Star Business Finance in the grey market is ₹450-474.
Click here to Get Details IPO Grey Market Premium (GMP) Live
Five Star Business Finance IPO Live Subscription Status
Five Star Business FInance IPO subscribed 0.70 on it’s final day i.e. on Nov 11, 2022.
Click here to Get Details IPO Subscription Status Live
Five Star Business Finance IPO Date, Lot Size, Allotment
Five Star Business Finance IPO Details
| IPO Start Date | November 9, 2022 |
| IPO Close Date | November 11, 2022 |
| Fresh Equity Share Issue | – |
| Offer for Sale | 41,351,266 shares of ₹1 (₹1960.01 Cr) |
| Face Value | ₹1 Per Equity Share |
| Price Band | ₹450 – ₹476 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Five Star Business Finance IPO Timetable
| IPO Start Date | November 9, 2022 |
| IPO Close Date | November 11, 2022 |
| Basis of Share Allotment Date | November 16, 2022 |
| Refunds Date | November 17, 2022 |
| Credit of shares to Demat Account Date | November 18, 2022 |
| Five Star Business Finance IPO Listing Date | November 21, 2022 |
Five Star Business Finance IPO Lot Size
| Minimum Lot Size | 31 shares for 1 lot |
| Minimum Amount | ₹ 14,694 for 1 lot |
| Maximum Lot Size | 403 Shares (13 lot) |
| Maximum Amount | ₹191,022 (for 13 Lot) |
Five Star Business Finance Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 (6M) | ₹611 | ₹323 | ₹21.75 |
| 2021 | ₹1051 | ₹575 | ₹35.90 |
| 2020 | ₹787 | ₹438 | ₹26.20 |
Five Star Business Finance IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Five Star Business Finance IPO ?
- You can apply for the Five Star Business Finance IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Five Star Business Finance IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Five Star Business Finance IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Five Star Business Finance IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Five Star Business Finance IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Five Star Business Finance IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Five Star Business Finance IPO Allotment Status
You can check Five Star Business Finance IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Five Star Business Finance IPO
Five Star Business Finance IPO Promoters
- Lakshmipathy Deenadayalan
- Hema Lakshmipathy
- Shritha Lakshmipathy
- Matrix Partners India Investment Holdings II
- LLC
- SCI Investments V
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
Five Star Business Finance Contact Information
Five Star Business Finance Ltd
New No. 27, Old No. 4,
Taylor’s Road, Kilpauk,
Chennai 600 010
- Phone: +91 44 4610 6260
- Email: cs@fivestargroup.in
- Website: https://fivestargroup.in/
Five Star Business Finance IPO Registrar Contact Information
KFin Technologies Limited
- Phone: 04067162222, 04079611000
- Email: einward.ris@kfintech.com
- Website: https://karisma.kfintech.com/
Paisa kaudi recommendation on Five Star Business Finance IPO
Five Star Business Finance provides secured business loans to micro-entrepreneurs and self-employed individuals. Attractively issue price . Grey market premium is at ₹0. Can be considered for a long term gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Five Star Business Finance IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹1960.01 Crores through this IPO. One lot has minimum 31 shares and you have to spend a minimum ₹14,694 for 1 lot.
Five Star Business Finance IPO price band is ₹450 to ₹474.
One lot has minimum 31 shares and you have to spend a minimum ₹14,694 for 1 lot. Maximum lot is 13 and you have to spent ₹1,91,022.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Five Star Business Finance IPO will open on November 9, 2022.
Basis of Allotment for Five Star Business Finance IPO will happen on November 16, 2022 and allotted shares will be deposited in your demat account on November 18, 2022.
Shares of Five Star Business Finance IPO will list in the market on November 21, 2022.
This covers all the points on Five Star Business Finance IPO. Please write in the comment box if you need any further information on this.
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