About Indostar Capital Finance Limited

Incorporated on July 21, 2009, Indostar Capital Finance Limited (“Indostar”) is the professionally managed and institutionally owned, leading Non-Banking Finance Company (“NBFC”) which is primarily engaged in providing bespoke Indian Rupee denominated Structured Term Financing Solutions to Corporates and Loans to Small and Medium Enterprise (“SME”) borrowers in India. The company has recently expanded their portfolio to offer Vehicle Finance and Housing Finance products.

1. Indostar has and expect to continue to benefit from strong capital sponsorship and professional expertise of their promoter, which is part of the Everstone Group, an India and Southeast Asia focused investor.

2. Indostar operates 4 principal lines of business, namely:
• Corporate lending
• SME lending
• Vehicle financing
• Housing financing

3. Indostar operates their housing finance business through their wholly-owned subsidiary IndoStar Home Finance Pvt. Ltd.

4. Company’s lenders included, among others, 14 public sector banks, 13 private sector banks, 21 mutual funds, 4 insurance companies and other financial institutions. The distribution network included approximately 548 personnel in their in-house sales team, and approximately 949 third-party direct sales associates (the “DSAs”) and other third-party intermediaries who are empaneled with them.

5. As part of their efforts to grow retail operations, Indostar has opened their 100th branch in Vadodara, Gujarat, on April 6, 2018.

6. Company’s CRAR as of March 31, 2015, 2016, 2017 and December 31, 2017 were 32.6%, 34.2%, 33.8% and 31.6%, respectively.

7. As of December 31, 2017, the Debt to Equity Ratio was 1.78.

Objects of the IPO Issue:

1. The Selling Shareholders will be entitled to the proceeds of the Offer for Sale of their respective portions of the Offered Shares, respectively net of their share of the Offer related expenses. The Company will not receive any proceeds from the Offer for Sale

2. The Objects Of The Issue is to utilize the Net Proceeds from the Fresh Issue towards augmenting its capital base to meet future capital requirements.

Indostar Capital Finance Limited IPO Issue Details

Company Promoters:

The Promoter of the Company is Indostar Capital. The Promoter was incorporated as a private company limited by shares under the laws of Mauritius. The principal activity of Indostar Capital is investment holding. It holds 71,102,635 Equity Shares, representing 90.37% of the issued, subscribed and paid-up equity share capital of the Company.

The board of directors of the Promoter comprises of the following persons:

(1) Alok Oberoi;

(2) Atul Kapur;

(3) Deepak Shahdadpuri;

(4) Lorrance Brooks Entwistle;

(5) Amit Manocha;

(6) Soraj Bissoonauth;

(7) Anisha Poonyth;

(8) Sanjoy Chatterjee; and

(9) Marie Francoise Krin Chin Chung Kee Mew (permanent alternate director to Sanjoy Chatterjee).

Strengths of Indostar Capital Finance Limited

1. Highly motivated, professional and experienced management team

2. Well-established corporate and strong SME lending businesses

3. High asset quality achieved through robust credit assessment and risk management framework

4. Proven track record of delivering results

5. Well diversified funding profile

6. Ownership by Institutional Investors ensuring International Corporate Governance Standards

Company Financials:

Summary of financial Information (Restated Standalone)