IndoStar Capital Finance Limited Banner

IndoStar Capital Finance Limited IPO

Mumbai based IndoStar Capital Finance Limited was incorporated in 2009. It is a leading non-banking finance company (NBFC) registered with the Reserve Bank of India as a systemically important non-deposit taking company. The company operates four principal lines of business, namely corporate lending, SME lending, vehicle financing and housing finance. It conducts its retail operations through ten branches across India with central support office in Mumbai.
The company has a strong base of lenders and distributors. It is promoted by Indostar Capital.

Issue Details


Issue Period
May 09, 2018 - May 11, 2018

BID LOT
26 Shares

Issue Offer
Rs 570 - Rs 572 Per Equity Share

IPO Size
Rs.1837.5 crs – 1844.0 crs

Reserved Portion
Issue Size: *32,237,762 Equity Shares (Including Fresh issue of *12,237,762 eq sh + Offer for sale of 20,000,000 eq sh)

Allotment Date
16 May

Listing Exchanges
NSE - BSE

RATIO - HNI QIB / INSTI / RETAIL
QIB - 50%, HNI - 15%, Retail - 35%

Additional Details

1. Strong SME lending businesses
2. A high-quality loan portfolio with low rates of Gross NPAs and Net NPAs.
3. Proven track record of delivering results. Between fiscal 2013 and 2017, the company's Total Credit Exposure and total revenue grew at a CAGR of 30.0% and 31.4%, respectively.
4. Access to best industry practices and international corporate governance standards due to institutional Promoter.

Apply Now

Click to read Report  

report

 

You can Invest via:

  201404210316526522603845   201404210316526522603171   201404210316526522603762   201606080432378699589304.jpg

Open Account Now