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
  Volumes jump at Five-Star Business Finance Ltd counter
 ( Hot Pursuit - 08-Dec-23   14:30 )
  Volumes spurt at GMR Airports Infrastructure Ltd counter
 ( Hot Pursuit - 08-Dec-23   11:00 )
  CARE Ratings upgrades rating of Five-Star Business Finance to 'AA-/Stable'
 ( Hot Pursuit - 08-Jun-23   13:51 )
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 ( Corporate News - 08-Jun-23   13:02 )
  Five-Star Business Finance to hold board meeting
 ( Corporate News - 20-Feb-23   10:07 )
  Five-Star Business Finance standalone net profit rises 27.84% in the December 2022 quarter
 ( Results - Announcements 28-Jan-23   14:15 )
  Five-Star Business Finance schedules AGM
 ( Corporate News - 23-Aug-23   17:34 )
  Five-Star Business Finance Limited: Provisional PP-MLD [ICRA]AAA(CE) (Stable) assigned to nonconvertible debentures
 ( Press Releases - 01-Feb-21   15:35 )
  Five-Star Business hits all time high after Q1 PAT rises to Rs 756 cr
 ( Hot Pursuit - 31-Jul-23   12:01 )
  Volumes spurt at Bikaji Foods International Ltd counter
 ( Hot Pursuit - 28-Jun-23   11:00 )
  Five-Star Business Finance allots 50,800 equity shares under ASOS
 ( Corporate News - 09-Jun-23   17:29 )
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