Indostar Capital Finance Ltd IPO

Closed

Subscription Details

  • Open Date 09 May
  • Close Date 11 May
  • Lot Size 26
  • IPO Size ₹ 1844 Cr
  • IPO Price Range ₹ 572
  • Min Investment ₹ 14872

Indostar Capital Finance Ltd IPO Timeline

Open Date
09 May
Close Date
11 May
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offering of 32,237,762 equity shares of face value of Rs. 10 each (equity shares) of Indostar Capital Finance Limited (the company or the issuer) for cash at a price of Rs. 572 per equity share including a share premium of Rs. 562 per equity share (the offer price), aggregating to Rs. 1844 Crores (the offer) comprising of a fresh issue of 12,237,762 equity shares by the company aggregating to Rs. 700 Crores (the fresh issue) and an offer for sale of to 20,000,000 equity shares aggregating up to Rs. 1144 Crores by the selling shareholders, comprising an offer for sale of 18,508,407 equity shares aggregating to Rs. 1058.68 Crores by Indostar Capital (promoter selling shareholder) and an offer for sale of 1,491,593 equity shares aggregating to Rs. 85.32 Crores by the other selling shareholders (as defined hereinafter, together with the promoter selling shareholder, the selling shareholders, and such offer for sale, the offer for sale). The offer shall constitute 35.37% of the Post-offer paid up equity share capital of the company. The face value of equity share is Rs.10 each. The offer price is Rs.572 per equity share and is 57.2 times the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Indostar Capital Finance Ltd IPO

Contact Information

Address

One Indiabulls Center 20th Flr,
Tower 2A Jupiter Mills Compoun,
Mumbai, Maharashtra 400013

Open Demat Account