Business Standard

Indostar Capital Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,844.00 cr

Price Range (₹)

572

Lot Size

26

Min Investment (₹)

14,872.00

Listing Exchange

MumbaiNSE

Open Date

09-May-2018

Close Date

11-May-2018

Listing Date

21-May-2018

Indostar Capital Finance Ltd News

    The Shares of Indostar Capital Finance Ltd have now been listed.

    Indostar Capital Finance Ltd IPO Details

    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.

    Objective of issue

    Listing fees on the Stock Exchanges. Working Capital Requirement of Funds.

    Indostar Capital Finance Ltd Contact Details

    Indostar Capital Finance Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - investor.relations@indostarcapital.com

    Website - www.indostarcapital.com