
Financial Services · NSE / BSE
Incorporated in 1984, Five Star Business Finance Limited is an NBFC-ND-SI focused on providing secured business loans to micro-entrepreneurs and self-employed individuals. Headquartered in Chennai, it operates through 268 branches across 126 districts in eight states and one union territory, with Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka forming its core markets. The company’s lending model emphasizes a robust risk framework and an optimal instalment-to-income ratio to ensure customers can comfortably meet repayment commitments. As of September 30, 2021, Five Star employed 4,306 people and had served over 185,000 customers, with an active loan base of 176,467 as of March 31, 2021. With an AUM exceeding ₹30,000 million—one of the fastest growth rates among peers—the company reported total borrowings of ₹28,542.54 million as of September 30, 2021, and ₹34,251.97 million as of March 31, 2021.
Price Band
₹450 – ₹474
Issue Size
₹1589 Cr
Lot Size
31 shares
GMP
-3.0%
Est. Listing
₹460
at current GMP
Subscribed
0.70x
overall
Open
9 Nov 2022
Close
11 Nov 2022
Allotment
17 Nov 2022
Refund
18 Nov 2022
Demat Credit
19 Nov 2022
Listing
21 Nov 2022
Overall Subscription
0.70x
Total Demand
QIB Multiplier
1.87x
Institutions & Funds
NII / HNI
0.65x
High Net-Worth
Retail (RII)
0.12x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 8,270,062 | 15,445,967 | 1.87x |
| NIB | 6,202,547 | 4,012,020 | 0.65x |
| HNIs(10L +) | 4,135,031 | 3,404,234 | 0.82x |
| HNIs (2-10L) | 2,067,516 | 607,786 | 0.29x |
| RETAIL | 14,472,611 | 1,746,013 | 0.12x |
| Total | 35,147,767 | 25,216,020 | 0.70x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 378,371 | 45,405 | 0.12x |
| HNIs (10L +) | 2,420 | 1,573 | 0.65x |
| HNIs (2-10L) | 11,583 | 7,529 | 0.65x |
| Total Applications | 392,374 | 54,507 | 0.14x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Five Star Business Finance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹1,588.51 Crores. The shares are offered at a price band of ₹450 to ₹474 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 31 shares (approx. ₹14,694 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-19, while un-allotted funds or UPI block mandates will be released on 2022-11-18.
Currently, Five Star Business Finance Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹450 to ₹474 per equity share.
The retail lot size is 31 shares requiring a minimum application amount of ₹14,694. Expected listing price is ₹460 per equity share.
The Five Star Business Finance Limited IPO aggregate issue size is ₹1,588.51 Crores with an equity price band set at ₹450 to ₹474 per equity share. The retail lot size is 31 shares requiring a minimum capital outlay of approx. ₹14,694.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.70x (Retail: 0.12x, QIB: 1.87x, NII: 0.65x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2022-11-17. Investors can verify status using PAN card or application number.
Five Star Business Finance Limited shares are scheduled to list on NSE and BSE on 2022-11-21.