INDOSTAR CAPITAL FINANCE LIMITED


Chennai 7th May 2018: INDOSTAR CAPITAL FINANCE (“Company”) will be launching its initial public offering (“IPO” or the “Offer”). The IPO is scheduled to open on May 9, 2018 and close on May 11, 2018 with a price band of Rs.570 to Rs.572 per equity share of face value of Rs.10/- each of the Comapany (the “Equity Shares”). The anchor investor allocation will be a day prior to the Bid/Offer Opening Date i.e. May 8, 2018

The IPO comprises a Fresh issue aggregating upto Rs.7000 million (“Fresh Issue”) and an offer for sale of upto 20,000,000 equity shares by the selling shareholders, comprising an offer for sale of up to 18,508,407 equity shares by IndoStar Shares Capital (“Promoter Seeling Shareholder”) and an offer for sale of up to 1,491,593 equity shares by the other selling shareholders (as defined in the RHP and together with the promoter selling shareholder, the (Selling Shareholders”, and such offer for sale, the “Offer for Sale”)

The company intends to primarily utilize the Net Proceeds of the freesh issue for augmenting its capital base to meet future capital requirements

The price band to the offer is rs. 570 to rs.572 per equity share

The floor price is 57 times of the face value and the cap price is 57.2 times of the face value of the equity shares

Bids can be made for a minimum of 26 Equity shares and in multiples of 26 equity shares tthereafter

The IPO comprises a fresh issue aggregating up to Rs.7000 million and an offer for sale of up to 20,000,000 equity shares

Offers opening Date – May 9, 2018 and offer Closing date – May 11, 2018

The offer is being made in terms of Rule 19(2) (b) of the securities contracts (Regulation) Rules 1957 (SCRR) through the Book Building Process in accordance with the Regulation 26 (1) of the securities and Exchange Board of India Regulations 2009 as amended (the “SEBIICDR Regulations”), wherein 50% of the offer shall be available for allocation on a proportionate basis to Qualified institutional Buyers (“QIBs”). Our company and the promoter Selling Shareholder, in consultation with the BRLMs may allocate up to 60% of the QIB portion to Anchor investors at the Anchor Investor Allocation Price, on a discretionary basis out of which at least one-third will be reserved for domestic mutual funds, subject to valid bids being received from domestic mutual funds at or above the anchor investor allocation price

In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB portion. Such Member of equity shares representing 5% of the Net QIB portion (other than Anchor Investor Portion) shall be available for allocation an a proportionate basic to Mutual Funds only

JM Financial Iimited, Kotak Mahindra Capital Company, Morgan Stanley India Company Private Limited, Motilal Oswal Investement Advisors Limited and Nomura Financial Advisory and securities (India) Private Limited are the Book Running head managers to the offers. The Registrar to the other is link Intime India private Limited

The Equity sheres are proposed to be listed on BSE Limited and National stock Exchange of India Limited

All Capitalized terms used herein are not Specifically defined shall have the same meaning as ascribed to them in the RHP