Indostar Capital Finance Limited IPO Biding Information

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Indostar Capital Finance Limited

IndoStar Capital Finance Limited was established in 2009, 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. They are a professionally managed and institutionally owned organization which is primarily engaged in providing bespoke Indian Rupee denominated structured term financing solutions to corporates and loans to small and medium enterprise (“SME”) borrowers in India.

Company recently expanded our portfolio to offer vehicle finance and housing finance products. Although, they operated in a challenging credit environment in the initial years of our business operations, where in 2012, 2013 and 2014, inflation in India was 8.4%, 9.9% and 9.4%, respectively, and India’s fiscal deficit was 5.7%, 4.8% and 4.5%, respectively, of its GDP, through upfront capitalization of their business, their domain expertise and focus on our customers, experienced management team and vigilant monitoring of our assets, our business has experienced growth since the commencement of their operations in 20 11. Between fiscal 2013 and 2017, their Total Credit Exposure and total revenue grew at a CAGR of 30.0% and 31.4%, respectively.

Indostar Capital Finance Limited IPO Brief
Issue Opens 09 May 18 Price Band : 570 - ₹572
Issue Closes 12 May 18 Bid Lot 26 Shares
Listing At NSE, BSE

Number of Times Issue is Subscribed (BSE + NSE)

Category No.of Shares Offered/reserved at No.of shares bid for No.of Times Subscribed
Qualified Institutional Buyers(QIBs)* 64,35,086 1034,95,314 16.08
Non Institutional Investors 48,42,106 334,38,704 6.91
Retail Individual Investors(RIIs) 112,98,246 166,79,234 1.48

Total No.of Application Approx : ~ 579927

Retail Subscription on the basis of Apps : 1.34 x

Issue Terms

Issue price / Floor Price (Rs) 570-572
Application per share (Rs) 572
Minimum bid (no of shares) 26
Maximum Shares for Retail 26

Issue Date and Sizes

Issue opens 09 May 18
Issue closes 12 May 18
Listing on 21 May 18
Issue size (Rs cr) 1844.00


  • When is Indostar Capital Finance Limited IPO coming?

    The Indostar Capital Finance Limited IPO opens on 09 May 18 and closes on 12 May 18.

  • What is Indostar Capital Finance Limited IPO timetable?

    Indostar Capital Finance Limited IPO tentative timelines are as below.

    • Public Issue Open: 09 May 2018
    • Public Issue Close: 12 May 2018
  • What is Indostar Capital Finance Limited IPO closing time?

    Indostar Capital Finance Limited IPO will close for subscription at May 12, 2018 12:00:00 AM.


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