Indostar News

Markets

IndoStar Capital Finance stock with 58% gain seen facing growth hurdles

IndoStar Capital Finance Ltd. jumped 58% this year following a proposal by Canada’s biggest alternative asset manager to buy a 40% stake in the lenderThe rally makes the Mumbai-based financing company the top-performer on the BSE Finance Index this year

1 min read23 Jun 2020
Companies

Brookfield to invest ₹1,450 cr in Everstone-backed lender IndoStar Capital

Brookfield is looking to acquire upto 40% stake in IndoStar The investment will mark Brookfield's entry into a consumer lending business in the country, having previously run only structured finance book with real estate forming majority of the loans

1 min read31 Jan 2020
Companies

Sachin Bansal invests in Altico, IndoStar Cap

The debt investments in Altico and IndoStar show that Bansal is now broad-basing his betsThe investment was made through BAC Acquisitions Pvt. Ltd, the holding company Bansal started

1 min read25 Feb 2019
Companies

IndoStar to buy IIFL’s CV financing business

Everstone-backed firm to buy vehicle financing unit for  ₹2,500 crore70% of IndoStar’s CV biz comes from used-vehicle financing and 60% of IIFL’s is from new vehicles, says Sridhar

2 min read5 Feb 2019
Companies

Shadow banking crisis is starting to hit India’s consumers

Businesses have seen sluggish sales this festive season in part because India’s shadow lending industry, which accounted for nearly 4 out of every 10 consumer loans in the last three years, has grown more cautious about extending new credit amid a funding crunch of its own

4 min read14 Nov 2018
Market

Companies likely to reschedule IPO plans over volatile market

Companies that were looking to launch their IPOs have turned cautious as a falling rupee and rising crude oil prices have roiled the stock markets

2 min read24 May 2018
Companies

IndoStar Capital Finance shares rise 5% on stock market debut

IndoStar shares gains 5% to Rs600 on BSE compared to its IPO price of Rs572 apiece

1 min read21 May 2018
Market

IndoStar Capital Finance IPO sees 6.74 times subscription on last day

Indostar Capital Finance IPO's QIB portion was subscribed 16.05 times, non-institutional investors 6.92 times and retail investors 1.34 times

1 min read11 May 2018
Market

Indostar Capital Finance IPO subscribed 69% on Day 2

The Rs1,844 crore Indostar Capital Finance IPO received bids for 1,55,94,982 shares against the total issue size of 2,25,75,438 shares

1 min read10 May 2018
Market

IndoStar Capital Finance IPO sees 41% subscription on first day

As of 5pm, the portion of shares in the IndoStar Capital Finance IPO reserved for institutional and retail investors saw a subscription of 129% and 8%, respectively

1 min read9 May 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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