Shares of Five Star Business Finance Ltd made a dull stock market debut on Monday with the stock listing at ₹464 apiece on the NSE, a discount of over 2% as compared to its IPO issue price of ₹474 per share. On the BSE, Five Star Business Finance
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The NBFC is looking at a valuation of more than $3 billion. Five Star Business Finance
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MUMBAI :
Non-banking financial company (NBFC) Five Star Business Finance Ltd, which is backed by private equity firms Sequoia Capital and KKR, is readying to file draft papers for an initial public offering (IPO).
The Chennai-headquartered small business lender plans to raise $400 million (more than ₹2,900 crore) through