IndoStar Capital IPO.

IndoStar Capital Finance IPO

Company Promoters :

IndoStar Capital

Business Description : 

IndoStar Capital Finance is a non-deposit taking, non-banking finance company (NBFC) registered with the Reserve Bank of India. The company is primarily engaged in providing bespoke structured term financing solutions to corporates and loans to small and medium enterprise (SME) borrowers in India. The company has recently expanded its portfolio to offer vehicle finance and housing finance products:

  • Corporate lending
  • SME lending
  • Vehicle finance
  • Housing finance

IndoStar Capital’s financial performance (in INR crore)

Use of funds :

  • Augmenting capital base to meet future capital requirements
  • General corporate purposes

Issue Details :

  • Total IPO size – INR1,840 – 1,844 crore
  • Face Value – INR10 per share

Valuation of IndoStar Capital Finance (Based on latest FY)

  • Earnings Per Share (EPS): INR26.31
  • Price/Earnings (P/E) ratio: 21.66 – 21.74
  • Return on Net Worth (RONW): 11.08%
  • Net Asset Value (NAV): INR263.96 per share
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