Five-Star Business Finance Limited IPO
Five-Star Business Finance Limited was a mainboard IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹450–₹474 per share to raise ₹1,960 crore. The issue was subscribed 0.7× overall (QIBs 1.77×, NIIs 0.61×, retail 0.11×). It listed on 21 Nov 2022 and closed its first day at ₹490, a listing gain of +3.4% versus the ₹474 issue price. It now trades around ₹397 (-16.3% versus the issue price).
Frequently asked questions
- How many times was the Five-Star Business Finance Limited IPO subscribed?
- The Five-Star Business Finance Limited IPO was subscribed 0.7× overall — 1.77× in the QIB category, 0.61× among non-institutional investors, 0.11× in retail.
- What were the Five-Star Business Finance Limited IPO listing gains?
- Five-Star Business Finance Limited listed on 21 Nov 2022, closing its first day at ₹490 — a listing gain of +3.4% versus the ₹474 issue price.
- What were the retail allotment odds for the Five-Star Business Finance Limited IPO?
- Retail was subscribed 0.11×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 15 Nov 2022.
- What was the price band and lot size of the Five-Star Business Finance Limited IPO?
- The price band was ₹450–₹474 per share, with a minimum lot of 31 shares (₹14,694 at the upper band).
- Who were the registrar and lead manager for the Five-Star Business Finance Limited IPO?
- KFin Technologies Limited was the registrar, and ICICI Securities was the book-running lead manager.