IndoStar Capital Finance invests Rs 250 crore in lndoStar Home Finance

Indostar Capital Finance Ltd. | Finance - NBFC | BFSI | BSE: 541336 | NSE: INDOSTAR

03 Jul 2021 Evaluate

IndoStar Capital Finance has acquired 25 crore fully paid equity shares of face value of Rs 10 each aggregating to Rs 250 crore of lndoStar Home Finance, a fast growing wholly-owned subsidiary of the company. Subsequent to investment of Rs 250 crore, the company’s investment in the share capital of lndoStar Home Finance increases from Rs 200 crore to Rs 450 crore.

IndoStar Capital Finance is a non-banking finance company ‘NBFC’ registered with the Reserve Bank of India as a systemically important non-deposit taking company.

Peers

Company Name	CMP
Bajaj Finance	983.15
Shriram Finance	991.50
Aditya Birla Capital	389.85
Tata Capital	336.40
Chola Invest & Fin.	1682.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.