IndoStar Capital Finance reports 28% PAT growth, announces major divestitures and NCD issuance

IndoStar Capital Finance reports 28% PAT growth, announces major divestitures and NCD issuance

IndoStar Capital Finance Limited, a leading non-banking financial company (NBFC), revealed its financial results for Q2 FY 25 on October 18, 2024. The company has reported consolidated assets under management (AUM) at ₹10,112 crore, reflecting a 6% quarter-on-quarter increase from ₹9,565 crore in Q1 FY25. Moreover, consolidated PAT soared by 28%, reaching ₹32 crore for […]

IndoStar Capital Finance unveils up to Rs 30,000 lakh public issue of high-yield NCDs

IndoStar Capital Finance unveils up to Rs 30,000 lakh public issue of high-yield NCDs

IndoStar Capital Finance Limited, a prominent non-banking financial company (NBFC) in India, has announced a significant public issue of Secured Redeemable Non-Convertible Debentures (NCDs), aiming to raise up to ₹30,000 Lakh. This major financial move is set to open on September 6, 2024, and will close on September 19, 2024, though there is an option […]

IndoStar Capital Finance secures funding to fuel growth in core markets

IndoStar Capital Finance secures funding to fuel growth in core markets

IndoStar Capital Finance Limited (IndoStar), a distinguished player in the non-banking financial sector, has made a significant announcement that underscores its robust growth trajectory and strategic expansion plans. The company’s Board has approved a substantial fundraise of INR 456.6 crore through a preferential allotment of warrants, attracting investments from two major entities: Brookfield Asset Management […]