Hot Pursuit     24-Feb-23
Five-Star Business raises Rs 49 cr via NCDs
The NBFC on Friday announced that it has issued non convertible debentures (NCDs) aggregating to Rs 49 crore on private placement basis.
The company has issued and allotted 4,900 rated, listed, senior, secured, redeemable, taxable, transferable NCDs with a face value & issue price of Rs 1 lakh each aggregating upto Rs 49 crore on 24 February 2023.

Five-Star Business Finance engaged in the business of Non Banking Financial Institution without accepting public deposits (NBFC-ND). The company is primarily engaged in providing loans for business purposes, house renovation / extension purposes and other mortgage purposes.

The company's net profit jumped 27.8% to Rs 151 crore on 22.3% rise in total income to Rs 388.72 crore in Q3 FY23 over Q3 FY22.

Previous News
  Five-Star Business Finance announces resignation of Chief Audit Officer
 ( Corporate News - 06-Mar-25   11:34 )
  Five-Star Business Finance to discuss results
 ( Corporate News - 21-Jan-25   17:20 )
  Five-Star Business Finance grants 25.25 lakh stock options
 ( Corporate News - 17-Aug-24   12:09 )
  Volumes jump at Five-Star Business Finance Ltd counter
 ( Hot Pursuit - 08-Dec-23   14:30 )
  Five-Star Business Finance allots 4060 equity shares under ESOS
 ( Corporate News - 09-Aug-23   17:48 )
  Five-Star Business Finance allots 50,800 equity shares under ASOS
 ( Corporate News - 09-Jun-23   17:29 )
  Board of Five-Star Business Finance appoints Chief Compliance Officer
 ( Corporate News - 16-Aug-23   14:20 )
  Five-Star Business Finance issues NCDs aggregating Rs 49 cr
 ( Corporate News - 24-Feb-23   10:56 )
  Five-Star Business Finance allots 1.67 lakh equity shares under ESOP
 ( Corporate News - 23-Mar-24   11:27 )
  Volumes spurt at GMR Airports Infrastructure Ltd counter
 ( Hot Pursuit - 08-Dec-23   11:00 )
  Five-Star Business Finance standalone net profit rises 33.29% in the March 2022 quarter
 ( Results - Announcements 28-Apr-22   12:15 )
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