Indostar Capital Finance Limited IPO

Indostar Capital Finance Limited Profile

Indostar Capital Finance Limited Updates- Price, Subscription details , Allotment Status, Listing Date and Grey Market Premium (GMP) — Indostar Capital Finance Limited IPO

IndoStar Incorporated in 2009, based in Mumbai. It is a non-banking finance company NBFC registered with the Reserve Bank of India as a systemically important non-deposit taking company. They are a professionally managed and institutionally owned organization which is primarily engaged in providing structured term financing solutions to corporates and loans to small and medium enterprise including businessmen, traders, manufacturers and self-employed professionals and SME borrowers in India. They recently expanded their portfolio to offer vehicle finance and housing finance products through their wholly-owned subsidiary IndoStar Home Finance Private Limited.

IndoStar provides SME loans from their branches located in across India, particularly Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Jaipur, Surat, Ahmedabad, Pune, and Indore.
They provide affordable home finance to the salaried and self-employed customers for the purchase of residential properties.
The belongings securing loans is commonly finished and largely self-occupied residential commercial property.
They provide financial help for purchases new commercial vehicles, passenger vehicles, and two-wheelers.

Indostar Capital Finance Limited Key Strengths

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

Indostar Capital Finance Limited Promoters:

The Promoter of the Company is Indostar Capital.

Indostar Capital Finance Limited IPO details:

Symbol: INDOSTAR

Issue Size: the Initial Public offer of Fresh Issue up to Rs. 7000 million and an Offer for Sale up to 20,000,000 Equity Shares

Face Value: Rs 10

Price Range: Rs 570 to Rs 572

Issue Type: 100% Book Building

Bid Lot: 26 Equity Shares and in multiples thereof

Minimum Order Quantity: 26 Equity Shares

Issue Period: 09-May-2018 to 11-May-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Registrar: Link Intime India Private Limited

Listing At: BSE, NSE

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Indostar Capital Finance Limited Financials:

Particulars	For the year/period ended (in Rs. Millions)
	31-Mar-17	31-Mar-16	31-Mar-15	31-Mar-14	31-Mar-13
Total Assets	54,853.65	46,922.73	39,916.86	31,608.02	22,070.85
Total Revenue	7,155.42	6,413.79	5,280.56	3,969.05	2,415.77
Profit After Tax	2,090.38	1,910.16	1,490.65	1,121.36	900.94

Indostar Capital Finance Limited IPO Subscription Details:

Category	Shares offered	Subscription (no. of times)
		Day 1	Day 2	Day 3
QIB	6435086	1.2847	1.8027	0.4071
NII	4842106	0.0015	0.0304	0.6869
Retail	11298246	0.0817	0.3448
Employees	—-	—-	—-	—-
Total	22575438	0.4071	1.1695	6.6505

Indostar Capital Finance IPO Grey Market Price, Rates, GMP Premium

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 18 May 2018 today at Rs. 30 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 17 May 2018 at Rs. 30 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 16 May 2018 at Rs. 32 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 15 May 2018 today at Rs. 30 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 14 May 2018 today at Rs. 25 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 10 May 2018 today at Rs. 25 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 9 May 2018 today at Rs. 32 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 8 May 2018 today at Rs. 35 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 7 May 2018 today at Rs. 35 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 3 May 2018 today at Rs. 35 with Kostak at 300.

Indostar Capital Finance IPO Grey Market Premium (GMP) as on 2 May 2018 today at Rs. 25 with Kostak at n/a.

Indostar Capital Finance Grey Market Premium (GMP) as on 30 April 2018 at Rs. 25 with Kostak at n/a.

Indostar Capital Finance Limited IPO Allotment Status:

Indostar Capital Finance Limited IPO Allotment Date: 16 May 2018

Indostar Capital Finance Limited IPO Listing Date: 21 May 2018

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