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.
Read more about Five Star Business Finance IPO
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.
