Important Dates: Five Star Business Finance Ltd. IPO
Five Star provides secured business loans to micro-entrepreneurs and self-employed individuals, each of whom are largely excluded by traditional financing institutions. Five Star has an extensive network of 311 branches as of June 2022, spread across approximately 150 districts, 8 states and 1 union territory, with Tamil Nadu, Andhra Pradesh, Telangana and Karnataka being their key states.
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The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 16-Nov-22 |
Initiation of Refunds | 17-Nov-22 |
Credit of Shares to Demat Acct | 18-Nov-22 |
IPO Shares Listing Date | 21-Nov-22 |
UPI mandate expiry date | 22-Nov-22 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.