About Five Star Business Finance (Business Overview)
Five Star Business Finance is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals, each of whom are largely excluded by traditional financing institutions. Five Star Business Finance is headquartered in Chennai, Tamil Nadu with a strong presence in south India.
Five Star Business Finance is a provider of business and housing loans intended to offer appropriate credit services to the hitherto unreached segment of the market. Five Star Business Finance’s loans include small housing loans towards the building or purchase of a new house and repairing or renovating existing house properties, small business loans to meet borrower requirements for commencing new businesses and property loans to meet any kind of consumption needs, enabling individuals and business owners to fulfill their financial requirements at affordable rates of borrowing.
Five Star Business Finance passionately believe in the fact that “un-banked” does not necessarily mean “un-bankable”. In a country as large and as diverse, it take efforts to access, understand and extend appropriate and responsible credit services to this segment. Over the last three decades, Five Star Business Finance have been working as a specialized financial services company in addressing the needs of this segment, funding the people who were perceived to be unfundable.
The businesses that they work with can be touched and felt in our everyday lives and are businesses that create real impact on the ground. Their customers include all the way from small shop owners, flower vendors, maids, masons to small and medium enterprises that form the backbone of India’s economy.
Services provided by Five Star Business Finance:
Small Business and Mortgage Loans: Five Star Business Finance provides Small business loans to meet borrower requirements for commencing new businesses, expansion of his/ her existing businesses and to settle any unorganized dues he/ she has taken to further their businesses. The loans are given based on the company’s evaluation of the borrower household cash flows coupled against the security of the borrower’s house collateral. The typical loan ticket ranges between Rs 1 lakh to Rs 10 lakhs for a tenure between 24 and 84 months. The repayments are to be made on a monthly equated basis
Five Star Business Finance IPO Details
Five Star Business Finance IPO to open on 9th November, 2022 and closes on 11th November, 2022.
| Name | Five Star Business Finance |
| Five Star Business Finance IPO Opening Date | November 9, 2022 |
| Five Star Business Finance IPO Closing Date | November 11, 2022 |
| Five Star Business Finance IPO Size (Issue Size) | ₹ 1960 crs |
| Fresh Issue | – |
| Offer for Sale (OFS) | ₹ 1960 crs |
| Five Star Business Finance Face Value | ₹ 1 per equity share |
| Five Star Business Finance IPO Price Band (Issue Price) | ₹450 to ₹474 per share |
| Five Star Business Finance IPO Lot Size | 31 shares |
| Listing at | NSE & BSE |
| Issue Type | Book-Building IPO |
| Five Star Business Finance IPO QIB Quota | Not more than 50% |
| Five Star Business Finance IPO NII Quota (HNI Quota) | Not less than 15% |
| Five Star Business Finance IPO Retail (RII) Quota | Not less than 35% |
| Five Star Business Finance IPO RHP Link | Download |
Five Star Business Finance IPO Application Lot Size as per Categories
| Retail Minimum Lot Size | 31 Shares |
| Retail Minimum Amount | ₹ 14,694 |
| Small HNI Minimum Quantity | 434 Shares (14 Lots) |
| Small HNI Minimum Amount | ₹ 2,05,716 |
| Big HNI Minimum Quantity | 2,139 Shares (69 Lots) |
| Big HNI Minimum Amount | ₹ 10,13,886 |
Five Star Business Finance IPO Schedule (Tentative)
| Opening date | November 9, 2022 |
| Closing Date | November 11, 2022 |
| Basis of Allotment | November 16, 2022 |
| Initiation of Refund | November 17, 2022 |
| Credit of Shares | November 18, 2022 |
| Five Star Business Finance IPO Listing Date | November 21, 2022 |
Buy Five Star Business Finance Unlisted Shares Before IPO !
Buy Five Star Business Finance Unlisted Shares Before IPO in your demat account. For details, visit here.
Five Star Business Finance IPO Prospectus
Five Star Business Finance Company Contact Information
Five Star Business Finance Ltd
New No. 27, Old No. 4,
Taylor’s Road, Kilpauk,
Chennai 600 010,
Tamil Nadu, India
Phone: +91 44 4610 6260
Email: cs@fivestargroup.in
Website: https://fivestargroup.in/
Five Star Business Finance IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://karisma.kfintech.com/
Five Star Business Finance IPO Allotment Status Check
You can Check Five Star Business Finance IPO Allotment Status by clicking here
Five Star Business Finance IPO Lead Managers
- ICICI Securities Limited
- Edelweiss Financial Services Limited
- Kotak Mahindra Capital Company
- Nomura Financial Advisory and Securities (India) Private Limited
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