Five Star Business Finance Limited has received bids of 2,12,03,845 shares against the offered 3,04,88,966 equity shares, at a price band of ₹450-474, according to the data available on the stock exchanges.
Mumbai (Maharashtra) [India], October 29 (ANI/NewsVoir): Kinara Capital, a fast-growing fintech for India s small business entrepreneurs, today announced closing a fresh equity round of Rs ~200 crores led by British International Investment (BII), the UK s development finance institution and impact investor.
The public issue consists of a fresh issue of equity shares worth up to Rs 1,250 crore and an offer-for-sale (OFS) up to 109,445,561 equity shares by promoter and selling shareholders.
ICRA has revised the long-term rating outlook to stable, citing sustained debt reduction, improved financial performance in key segments, adequate capitalization, and an improved outlook for the real estate sector.