Five Star Business Finance Limited IPO - Review, Status, Price, Open Date, Allotment, Lot Size

 

Five Star Business Finance Limited IPO

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Five Star Business IPO Review

Five Star Business Finance Limited have been working as a specialized financial services company in addressing the needs of this segment and funding the people who were perceived to be unfundable. The businesses and services that they work with can be touched and felt in the everyday lives and are businesses that create real impact on the ground. They are an NBFC-ND-SI providing secured business loans to the micro-entrepreneurs and the self-employed individuals, each of whom are largely excluded by traditional financing institutions.

Five Star Business Products and Services

They have developed a business model that is predicated on arriving at an appropriate risk framework, with the optimal instalment to income ratio to ensure that the customers have the necessary means to repay the loan even after meeting their regular obligations and other event-based capital requirements. Five Star Business’s customers various from small shop owners, flower vendors, maids, masons to small and medium enterprises that form the backbone of India’s economy.

Financial Overview

As per the balance statement of the company, the company is in growing state but it is among the competitive sector. Investors may apply for this IPO after doing the required research.

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