36
New Delhi: Non-banking finance company, ‘Five Star Business Finance’ has announced its share price for its new share issue.
The company has announced that it plans to raise Rs 1,960 crore through the new share issue and has fixed its share price at Rs 450-474.
The company’s share issue will start on the 9th of this month and end on the 11th. It has also been reported that venture capitalists will be able to start investing from tomorrow. The company is headquartered in Chennai.
During this share issue, no new shares were issued. As a whole, only the shares of the founders and shareholders are to be sold.
Subscribe Dinamalar channel for new news
Advertisement