Equity shares of Indostar Capital Finance Limited listed today on BSE & NSE. The IPO issue price was Rs. 572.
For your reference please find appended below:
· BSE/NSE share price details on its debut day.
· Subscription Details
· Issue Highlights
QIB (Excluding Anchors)
*Subscription data as per Basis of Allotment
Issue Size (Fresh+OFS) Rs. 1844 crore
Rs 700 crore (Fresh issue)+ Rs 1144 crore (Offer for sale) at upper price band
Rs. 570 - Rs. 572
Allocation Category wise
QIB: 50% HNI: 15% and RII 35%
May 9, 2018 to May 11, 2018
26 Equity Shares and in multiples thereof
JM Financial Limited,
Kotak Mahindra Capital Company Limited,
Morgan Stanley India Company Private Limited, Motilal Oswal Investment Advisors Limited and Nomura Financial Advisory and Securities (India) Private Limited
About Indostar Capital Finance Ltd
IndoStar Capital Finance Limited is a professionally managed and institutionally owned organization, which offers structured term financing solutions for corporates, and loans to small and medium enterprise (“SME”) borrowers in India. It has recently expanded its portfolio to offer vehicle finance and housing finance products. The housing finance business is operated through company’s wholly-owned subsidiary IndoStar Home Finance Private Limited, which commenced operations in September 2017. Company has experienced strong growth since the commencement of operations in 2011.