Five-Star Business Finance Ltd. IPO

It is an 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.

RHP
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DRHP
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Open Date

2022-11-09

Close Date

2022-11-11

IPO Details

Check out the issue details for Five-Star Business Finance Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 474

Price Band

₹ 450 - 474

Issue Size

1960.05 Cr.

Issue Type

Book Built

Open

2022-11-09

Close

2022-11-11

Listingprice

₹ 468.8

ListingGain

-1.10%

Listing Date

2022-11-21

CMP

₹ 721.75

Current Return

52.27%

Company Financials

You can get the following financial statements of Five-Star Business Finance Ltd. as of now.

Subscription Details

The details about the Five-Star Business Finance Ltd IPO is as:

  • The issue size of the IPO is 1960.01 Cr.
  • The price band for Five-Star Business Finance IPO is Rs 450 to Rs 474.
  • The shares of Five-Star Business Finance IPO will list on 21st November 2022.
  • The latest tentative GMP of Five-Star Business Finance IPO is Rs -6.
  • The shares of Five-Star Business Finance IPO is subscribed 0.70 Times as of 11th November 2022.

Five-Star Business Finance Ltd IPO Valuation

The approx valuation of Five-Star Business Finance Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 474
Existing Shares (Qty) 29.01 Cr
Market Cap 13,750.74 Cr
EPS  Rs 16.09
PE ratio 29.45x
Industry PE 40.84x

 

Five-Star Business Finance Ltd IPO Issue Size

Five-Star Business Finance Ltd IPO issue size is 1960.01 Cr.

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 1960.01 Cr

 

Five-Star Business Finance IPO Market Lot

An Individual can apply for a minimum 1 lot of 31 shares and a maximum of 13 lots of 403 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 31 Rs 14,694
 Maximum 13 403 Rs 1,91,022

 

Five-Star Business Finance IPO Offer

The shares of Five-Star Business Finance IPO is subscribed 0.70 Times as of 11th November 2022. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 1.77 Times
Non-Institutional Minimum 15% 0.61 Times
Retail Minimum 35% 0.11 Times
Total   0.70 Times

 

Five-Star Business Finance IPO Grey Market Premium

As on GMP (Tentative)
12 November 2022 Rs 5
14 November 2022 Rs 5
15 November 2022 Rs -6
16 November 2022 Rs -6
17 November 2022 Rs -6

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for Five-Star Business Finance Ltd IPO:

Schedule Date
Basis of Allotment 16 November 2022
Refunds 17 November 2022
Credit to Demat Account 18 November 2022
IPO Listing Date 21 November 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Other Income 0.02 0.63 1.51 2.11 8.08
Interest 76.4 218.16 326.6 302.41 268.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 218.44 349.3 476.44 604.21 804.73
Tax 61.79 87.35 117.45 150.66 201.24
Adjusted EPS (Rs.) 6.55 10.24 14 1.56 2.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 23.9 25.58 25.65 29.13 29.14
Total Reserves 1341.23 1919 2292.53 3681.22 4310.4
Borrowings 951.4 2363.69 3423.23 2475.33 4164.26
Other N/C liabilities -9.26 -21.71 -34.44 -43.27 -49.48
Current liabilities 27.92 38.36 49.66 153.99 195.19
Total Liabilities 2335.18 4324.92 5756.62 6296.4 8649.5
Assets
Net Block 9.5 27.87 24.89 32.81 44.87
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0.04 0 140.2 104.12
Other N/C Assets 0 0 0.04 0.04 0.04
Current Assets 225.98 461.13 1368.83 1015.38 1667.14
Total Assets 2335.18 4324.92 5756.62 6296.4 8649.5
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 2.18 3.5 3.2 3.55 2.65
Interest Expended 63.14 77.41 96.17 105.89 128.71
Operating Expenses 119.21 132.83 136.68 143.81 144.77
Total Provisions 0 0 0 0 0
Profit Before Tax 201.52 224.24 245.87 266.97 289.91
Tax 50.52 55.36 62.16 67.59 73.15
Net Profit 151 168.88 183.71 199.39 216.76
Adjusted EPS (RS) 5.18 5.8 6.3 6.83 7.42

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 26.53 0
Sep 2023 31.3 0
Jun 2023 34.39 0
Mar 2023 34.87 0
Dec 2022 34.87 0
* Figures given above are % of equity capital
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