FIVE-STAR BUSINESS FINANCE LTD. IPO was launched on 9-Nov-22. Here is all you need to know about this IPO.
FIVE-STAR BUSINESS FINANCE LTD. IPO Details | |
---|---|
Issue Opening Date | 9-Nov-22 |
Issue Closing Date | 11-Nov-22 |
Issue Type | ONLY OFFERS FOR SALE |
Issue Size (INR bn) | 15.9 |
Fresh Issue (No.of shares) | - |
Offer for Sale (No.of shares) | 33,512,901 |
Face Value (INR) | 1.00 |
IPO Price Band (INR) | 450 to 474 |
Market Lot (No.of shares) | 31 |
Min Order Quantity | 31 |
Listing At | NSE / BSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 1984 |
Industry | FINANCIAL SERVICES/INVESTMENTS |
Total Issue Size (No.of shares) | 33,512,901 |
Objects Of Issue | COMPANY WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFER |
Registrar Details | KFIN TECHNOLOGIES LTD. |
FIVE-STAR BUSINESS FINANCE LTD. IPO Timetable | |
---|---|
Bid/Offer Launch Date | 9-Nov-22 |
Bid/Offer Close Date | 11-Nov-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 21-Nov-22 |
FIVE-STAR BUSINESS FINANCE LTD. IPO Shares Offered | |
---|---|
Category | Shares Offered |
QIB | 16,808,529 |
HNI | 5,042,560 |
Retail | 11,765,972 |
Employee | - |
Others | - |
Total | 33,512,901 |
FIVE-STAR BUSINESS FINANCE LTD. IPO Promoter Holding | |
---|---|
Pre Issue Share Holding | 40% |
Post Issue Share Holding | 35% |
FIVE-STAR BUSINESS FINANCE LTD. Overall Subscription details (Times subscribed) | |
---|---|
Category | Subscription Status |
QIB | 1.68 |
HNI | 0.82 |
Retail | 0.14 |
Employee | - |
Others | - |
Total | 1.01 |
FIVE-STAR BUSINESS FINANCE LTD. Date wise Subscription | |||||||
---|---|---|---|---|---|---|---|
Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (9-Nov-22) | 0.06 | 0.01 | 0.04 | - | - | - | 0.39 |
Day 2 (10-Nov-22) | 2.10 | 0.03 | 0.07 | - | - | - | 0.66 |
Day 3 (11-Nov-22) | 3.37 | 0.80 | 0.15 | - | 6.15 | - | 1.00 |
FIVE-STAR BUSINESS FINANCE LTD. Financials | ||||
---|---|---|---|---|
Year Ending | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | |
Total Income | (Rs m) | 7,873.50 | 10,512.50 | 12,561.70 |
Total Expenditure | (Rs m) | 4,380.50 | 5,748.10 | 6,519.60 |
Net Profit After Tax | (Rs m) | 2,619.50 | 3,589.90 | 2,619.50 |
Company Address | NEW NO.27,OLD NO.4, TAYLOR''S ROAD, KILPAUK, CHENNAI 600010, TAMIL NADU |
Data Sourced from:
primedatabase.com is India's first and still the only database dedicated to the primary capital market. Started in 1989, Prime
continues to be the single source of comprehensive information on all capital market offerings.
Below is the schedule for the same:
FIVE-STAR BUSINESS FINANCE LTD. IPO
IPO opens on: 9-Nov-22
IPO closes on: 11-Nov-22
The lot size of FIVE-STAR BUSINESS FINANCE LTD. IPO is 31 shares. Investors will need to apply for a minimum order of 31 shares and in multiples thereof.
An investor can apply in FIVE-STAR BUSINESS FINANCE LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for FIVE-STAR BUSINESS FINANCE LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of FIVE-STAR BUSINESS FINANCE LTD. IPO is scheduled for 21-Nov-22.
Shares of FIVE-STAR BUSINESS FINANCE LTD. are expected to list on NSE / BSE.
At present, one share of FIVE-STAR BUSINESS FINANCE LTD. has a face value of Rs 1.00.
Equitymaster discusses why the world over investments in IPOs have very rarely made money for investors and the alternative full form of the acronym could denote this.
A check list investors must go through before investing in an equity issue.
Equitymaster discusses why investor in IPOs should be very careful about the valuations so that they do not overpay.
Equitymaster discusses whether some unique IPOs have the potential to elicit any investor interest.
After opening the day on high, Indian share markets reversed the trend as the session progressed and ended the lower.