I] TRANSACTION SYNOPSIS
| IPO Size | ~₹ 15,885 MN |
| IPO Structure (Primary / OFS) | – / 100% |
| Post Issue Dilution | ~11.50% |
| IPO Price | ₹ 474 |
II] SELECT ANCHOR INVESTORS AND ANCHOR BOOK
- Capital Research
- Fidelity
- ENAM
- ADIA
- Norges Bank
- HDFC MF
- WhiteOak
- SBI Life Insurance
- Carmignac Gestion
III] DEAL HIGHLIGHTS
- With Five-Star’s IPO, we have successfully closed all ₹ 15,000 mn+ IPOs of all private lending companies in last 4 years
- We were the only Bank to successfully close 2 Pre-IPO transactions and generate deal momentum – Highest share in the 2 Pre-IPO transactions with a ~76% share out of ~₹ 4,000 mn raised
- Spearheaded procurement in the Pre-IPO and Anchor Segment – Highest overall share of ~51% share in terms of amount and Highest number of investors converted (9/19)
- Dominated procurement in the Main Book of the IPO – Procured overall largest QIB Bid & largest MF Bid
- Despite muted subscription and market volatility over past 2 weeks and correction of ~3%@, Five-Star’s IPO saw a steady listing with stock price seeing days high of ~8% and closing at ~5% above opening price^
^NSE Prices are considered; @ Movement of Nifty 50 between 2 weeks high and low