Promoter Brookfield Asset, 1 other investor to infuse Rs 457 crore into IndoStar CapitalBrookfield will invest Rs 257 crore by subscribing to approximately 13.95 million warrants at Rs 184 each, while Florintree will invest Rs ...
27 Feb, 2024, 09.08 PM IST
Encore ARC acquires IndoStar Capital's distressed loan book of Rs 292 croreBrookfield and Everstone-backed IndoStar sells bad loans under a senior-junior structure under a Swiss auction. The senior class comprises ...
08 Jan, 2024, 12.33 AM IST
IndoStar Capital sells two builder loans to Phoenix ARCThe recovery rate is considered good given that these loans were overdue by around 60 days. "The recovery was good as the loan accounts wer...
28 Aug, 2023, 12.30 AM IST
IndoStar Capital Finance promoters to sell 14.2% stake via OFS; floor price at 20% discountUnder the OFS, promoters Indostar Capital and Everstone Capital Partners will offload about 1.93 crore equity shares with a floor price fix...
02 May, 2023, 06.45 PM IST
JM Financial Home Loans exploring merger with IndoStar's mortgage Unit"The companies are engaged in preliminary discussions to explore potential strategic options including potential combination and listing of...
25 Apr, 2023, 12.34 AM IST
JM Financial, Indostar in talks to merge mortgage businessesNon-bank lenders JM Financial and Indostar on Monday announced that they are in "preliminary discussions" to merge their respective mortgag...
24 Apr, 2023, 08.40 PM IST
JM Financial Home Loans in talks with Indostar Capital's home finance business"The companies are engaged in preliminary discussions to explore potential strategic options including potential combination and listing of...
24 Apr, 2023, 06.15 PM IST
Indostar Capital reports net loss of nearly Rs 37 cr in June qtrIts net revenues from operations were down at Rs 126.60 crore during the April-June quarter of 2021-22, as against Rs 149.60 crore in the s...
13 Aug, 2021, 12.55 AM IST
Indostar Capital sheds 12% after poor Q4 showThe scrip tanked as much as 10.55 per cent to Rs 343.30 apiece on BSE during the session.
18 Jun, 2021, 11.25 AM IST
IndoStar Capital Finance raises Rs 1,225 croreIndoStar has assets under management of around Rs 10,200 crore and has nearly 70,000 customers.
27 May, 2020, 08.38 PM IST
Brookfield to invest Rs 1450 crore for 40% in IndoStarBrookfield will invest the money through a combination of subscription to securities and purchase of shares from IndoStar Capital Mauritius...
31 Jan, 2020, 11.48 PM IST
IIFL CV financing buy to drive Indostar’s retail bizThe deal will also step up Indostar’s retail AUM by Rs 3,949 crore, from the current Rs 3,268 crore.
04 Feb, 2019, 05.37 PM IST
IndoStar to buy CV finance business of IIFL FinanceSince 2015, IndoStar has been building its retail lending business which accelerated last year with the set-up of CV finance and Affordable...
04 Feb, 2019, 10.52 AM IST
What is changing in IndoStar Finance's businessIndoStar now plans to own until maturity about 5 to 10% of the loans it generates, selling large portions of the portfolio instead to banks.
11 Jan, 2019, 12.00 AM IST
Everstone, Goldman may get 5x returns on Indostar Cap betsIndoStar Capital Mauritius owns 90.74 per cent of the Indian company.
03 May, 2018, 10.00 AM IST
R Sridhar joins IndoStar Capital as Executive VC, CEOSridhar, who has worked with the Sriram Group since 1985, will be taking over from Vimal Bhandari who led the firm since 2011.
19 Apr, 2017, 05.38 PM IST
R Sridhar joins Indostar as new boss, bets big on retail businessHe will oversee IndoStar’s growth across its lending businesses including SME lending and a wholly-owned home finance subsidiary, IndoStar ...
19 Apr, 2017, 02.01 PM IST