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Open
9 May 2018
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Close
11 May 2018
3
Allotment
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Listing
Mon, May 21, 2018
Price Band
₹570 to ₹572
Issue Size
3,22,37,762 shares (agg. up to ₹1,844 Cr)
Lot Size
26 Shares
Listing Date
Mon, May 21, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 6,045.08 | 5,488.77 | 4,693.30 | 3,991.65 |
| Total Income | 585.95 | 719.92 | 644.05 | 528.06 |
| Profit After Tax | 164.08 | 210.80 | 191.64 | 149.04 |
| NET Worth | 2,076.83 | 1,902.75 | 1,541.80 | 1,285.24 |
| Reserves and Surplus | 1,998.16 | 1,824.39 | 1,468.45 | 1,216.87 |
| Total Borrowing | 2,853.86 | 2,697.16 | 2,258.28 | 1,957.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| MAS Financial Services Ltd. | Mainboard | ₹460.04 Cr | ₹459 | null | ₹654.40 | +42.57% | ₹313.80 (-0.93%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment capital base to meet future capital requirements | 658.27 |
| 2 | Offer related expenses | 41.73 |
| Total | 700.00 |
About IndoStar Capital Finance IPO
Incorporated in 2009, Mumbai based IndoStar Capital Finance Limited 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 financing. It recently expanded its portfolio to offer vehicle finance and housing finance products. IndoStar conducts its retail operations through ten branches across Mumbai, Delhi, Chennai, Bengaluru, Hyderabad, Jaipur, Surat, Ahmedabad, Pune and Indore and central support office in Mumbai. The lenders of the company include, among others, 14 public sector banks, 13 private sector banks, 21 mutual funds and four insurance companies and other financial institutions. The distribution network includes approximately 210 personnel in its in-house sales team, and approximately 648 third-party direct sales associates (DSAs) and other third-party intermediaries.Strengths-1. Strong SME lending businesses2. 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
Contact Details
IndoStar Capital Finance Ltd. AddressOne Indiabulls Center, 20th FloorTower 2A, Jupiter Mills CompoundSenapati Bapat MargMumbai, Maharashtra, 400013+ 91 22 4315 7000investor.relations@indostarcapital.comVisit Website