Happiest Post

Five Star Business Finance IPO GMP, Grey Market Premium, Date, Review

Five Star Business Finance IPO GMP, Five Star Business Finance Grey Market Premium Today

Five Star Business Finance IPO: Five Star Business Finance IPO GMP (Five Star Business Finance Grey Market Premium), Five Star Business Finance IPO Date, Five Star Business Finance IPO Review, Five Star Business Finance IPO Benefits & Risks. We will update Five Star Business Finance GMP daily. Also, all information related to Five Star Business Finance IPO like price band, IPO date, issue size and retail parts etc. All the important information about Five Star Business Finance IPO is given below.
Five Star Business Finance IPO GMP

    Five Star Business Finance IPO

    Five Star Business Finance Limited provides secured business loans to micro-entrepreneurs and self-employed individuals. The IPO of Five Star Business Finance Limited is expected in 2022. Five Star Business Finance Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 2751.93 crore through IPO (Initial public offering). 

    Five Star Business Finance IPO will open on January 2022 and close on January 2022. The price band of the Five Star Business Finance IPO is ₹- to ₹-. The company is looking to raise around ₹2751.93 crores through an initial public offering (IPO). Five Star Business Finance IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Five Star Business Finance IPO listing date is - January 2022. Five Star Business Finance Limited IPO GMP (Grey Market Premium) is given below.

    Five Star Business Finance Limited has given excellent financial performance. The company has made a profit of ₹358.99 crores in the financial year 2021. Five Star Business Finance IPO Size is ₹2751.93 crores. In this IPO, approx ₹2751.93 Crores will be sold under OFS (Offer for sale) and the offer doesn’t include any fresh issue. The IPO of Five Star Business Finance will be listed on NSE and BSE.  Five Star Business Finance IPO face value is ₹- per equity share.

    We will talk about Five Star Business Finance's financial, benefits, and risks of investing in the company.
    Read About


    What is Five Star Business Finance IPO GMP Today?
    Five Star Business Finance IPO GMP is ₹.


    What is the Five Star Business Finance IPO Date?
    Five Star Business Finance IPO Opening date is January 2022.


    What is Five Star Business Finance IPO Expected Return?
    Five Star Business Finance IPO Expected Returns is approx -%.



    About Five Star Business Finance

    Five Star Business Finance offers small business loans and micro mortgage loans to eligible borrowers to meet their business and personal needs, after underwriting their cash flow and backing the collateral of their household assets. Five Star Business Finance Limited provides secured business loans to micro-entrepreneurs and self-employed individuals. Five Star is a registered Non-Banking Finance Company (NBFC) with the Reserve Bank of India (RBI). The company provides financial solutions for personal, business, and housing needs.

    Five Star is striving to reach, understand and extend fair and responsible credit services to this segment. Five Star has, over the past three decades, acted as a specialized financial services company to cater to the needs of this segment. The company generally provides its financial solutions to those people who have access to banking facilities. The company's customers range from small shop owners, florists, maids, masons to small and medium enterprises.

    Check out our new tool Stock Average Calculator.


    Important Links:

    Purpose of the offer 

    • To prepay/repay all or a part of the dues raised by the company.
    • To serve the general corporate purpose.

    Five Star Business Finance GMP Today (Grey Market Premium)

    [Note: Five Star Business Finance IPO GMP has not started yet]
    DATEGMPKOSTAKSubject to Sauda
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January

    Five Star Business Finance IPO Date and  Price Band Details

    Five Star Business Finance IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Five Star Business Finance IPO is ₹- to ₹-per share. Five Star Business Finance IPO issue size is Rs 2751.93 crores. Five Star Business Finance Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.

    IPO Open:January 2022
    IPO Close:January 2022
    Listing Date:January 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹2751.93 Crores
    Fresh Issue:N/A
    Offer For Sale:Approx ₹2751.93 Crores
    Price Band:₹- to ₹- per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Five Star Business Finance IPO Market Lot & Size

    Five Star Business Finance IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size are - shares with ₹- application amount.

    Minimum Lot:01
    Minimum Lot Size:- Shares
    Minimum Amount:₹-
    Maximum Lot:13
    Maximum Lot Size:- Shares
    Maximum Amount:₹-

    Five Star Business Finance IPO Allotment & Listing Date

    Ipo Opening Date:January 2022
    IPO Closing Date:January 2022
    Basis of Allotment:January 2022
    Refund Date:January 2022
    Credit to Demat Account:January 2022
    Listing Date:January 2022

    Five Star Business Finance IPO Review

    HappiestPost View: To be updated.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon

    Five Star Business Finance Ipo Review

    [Not rated yet (To be updated)]

    Review For Listing Gain


    Review For Short term


    Review For Long term


    Strength

    • Five Star Business Finance Limited primarily offers secured business loans to micro-entrepreneurs and self-employed individuals which include personal loans, business loans, and housing loans.
    • The company has 262 branches, a 157,333 customer base, A+ credit rating.
    • The company has a worldwide customer base with a high level of customer centricity and satisfaction.
    • The company has professional management and a highly experienced team.
    • The company has a track record of consistently strong financial success, with the company earning a profit of Rs.358.99 crore in FY21.

    Risks

    • The company requires a large amount of capital to operate its business, if for any reason the disruption in funding sources in time may have a bad effect on the operations of the company.
    • Non-payment or default by the company's debtors can have a negative impact on the company's business in the long run.
    • Changes in its rules by the government in the non-banking sector can have a negative impact on the company.
    • The company has seen a lot of growth in recent years, and the big question is whether the company will be able to maintain its growth in the future.
    • The impact of the COVID-19 pandemic on his company is still unknown.
     

    Five Star Business Finance Financials

    Five Star Business Finance Financials(in Crores)

    YearTotal AssetsRevenueProfit
    2019₹2,361.17₹408.99₹156.41
    2020₹4,353.15₹787.35₹261.95
    2021₹5,793.61₹1,051.25₹358.99


    Promoters

    The promoters of the company are:
    • Lakshmipathy Deenadayalan
    • Hema Lakshmipathy
    • Shritha Lakshmipathy
    • SCI Investments V
    • Matrix Partners India Investment Holdings II, LLC

    Contact Details of Five Star Business Finance

    Five Star Business Finance Limited
    New No. 27, Old No. 4, Taylor’s Road,
    Kilpauk, Chennai 600 010,
    Tamil Nadu, India
    Tel: +91 44 4610 6260
    E-mail: cs@fivestargroup.in

    Five Star Business Finance Lead Managers

    • ICICI Securities Limited
    • Edelweiss Financial Services Limited
    • Kotak Mahindra Capital Company Limited
    • Nomura Financial Advisory and Securities (India) Private Limited

    Five Star Business Finance IPO Registrars

    KFin Technologies Private Limited
    Selenium Tower-B, Plot 31 & 32,
    Gachibowli, Financial District,
    Nanakramguda, Serilingampally,
    Hyderabad – 500 032, Telangana, India
    Tel: +91 22 4918 6200
    E-mail: sbfl.ipo@linkintime.co.in

    Conclusion

    The company aims to provide its financial solutions to a large segment of the country's population that is beyond the scope of the availability of funding. Five Star offers small business loans and micro mortgage loans to eligible borrowers to meet their business and personal needs. Keeping in view the financial position of the company, Five Star Business Finance Limited has an excellent financial track record.

    The company has made a profit of ₹358.99 crores in the financial year 2021. Our suggestion will be updated when the Five Star Business Finance IPO price band and other IPO details are announced. Five Star Business Finance Limited's financial statement and other information are given above.


    Five Star Business Finance IPO FAQs

    What is Five Star Business Finance IPO GMP Today?
    Five Star Business Finance IPO GMP is ₹- as of today.

    What is Five Star Business Finance IPO Opening Date?
    Five Star Business Finance IPO Opening date is January 2022.

    What is the Five Star Business Finance IPO Closing Date?
    Five Star Business Finance IPO Closing date is January 2022.

    What is the Five Star Business Finance IPO Allotment date?
    Five Star Business Finance IPO Allotment Date is January 2022.

    What is Five Star Business Finance IPO Listing Date?
    Five Star Business Finance IPO Date is January 2022.

    What is Five Star Business Finance IPO Kostak Rate?
    Five Star Business Finance IPO Kostak rate is ₹-.

    What is Five Star Business Finance IPO Expected Returns?
    Five Star Business Finance IPO Expected Returns is -%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Five Star Business Finance Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Five Star Business Finance Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    Disclaimer

    1. We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO. 
    2. Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header. 
    3. We are not involved in the buying or selling of IPO form. 
    4. Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about Five Star Business Finance IPO. If you have a query about Five Star Business Finance IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


    Happiest Post.


    Post a Comment

    0 Comments