Belstar Macrofinance Limited IPO
The company is the ninth-largest Non-Banking Financial Company (NBFC) in India and a leading NBFC-Microfinance Institution (NBFC-MFI), offering a wide range of loan products including micro and small enterprise, consumer, education, and emergency loans. Backed by its strong parent, Muthoot Finance Limited, the company benefits from robust financial and strategic support, helping it scale operations effectively. With a “AA” credit rating and stable outlook from CRISIL, it maintains strong financial and operational metrics. The company also stands out for its focus on the Self-Help Group (SHG) lending model, promoting financial inclusion and community empowerment.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,300.00 Crs |
Belstar Macrofinance IPO Objects
- To meet future capital requirements towards onward lending
- General corporate purposes
Belstar Macrofinance IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹1,000.00 Cr ( Shares) |
Offer For Sale₹300.00 Cr ( Shares) |
Total Issue₹1,300.00 Cr ( Shares) |
Face Value₹10 per equity share |
Belstar Macrofinance IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
Belstar Macrofinance IPO GMP
The estimated Grey Market Premium of Belstar Macrofinance IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
| Employee | B1 |
| Shareholder | B2 |
Belstar Macrofinance IPO Financials
| Particulars | Dec-23 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Revenue from Operations | 1,283.14 | 1,031.26 | 727.23 | 551.40 |
| Profit after Tax | 235.12 | 130.33 | 45.13 | 46.65 |
| Net Worth | 1,323.69 | 1,092.30 | 855.93 | 541.72 |
| Total Borrowing | 6,424.18 | 4,826.49 | 3,557.04 | 2,795.64 |
| Total Assets | 8,096.88 | 6,226.90 | 4,560.29 | 3,467.29 |
| NAV per share (in ₹) | 271.00 | 223.63 | 187.67 | 144.38 |
| EPS - Basic (in ₹) | 48.14 | 27.12 | 12.01 | 12.43 |
Key Performance Indicators
| KPI | Values |
|---|---|
| Gross NPA | 2.42% |
| Net NPA | 0.66% |
| ROE | 13.38% |
| Borrowing Cost | 8.72% |
| NIM | 11.47% |
All the data pertains to FY 2022-23. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Belstar Macrofinance IPO Peer Comparision
Belstar Macrofinance IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Muthoot Finance Limited | 66.13% |
| Sarvam Financial Inclusion Trust | 7.15% |
| Dr. Kalpanaa Sankar | 0.02% |
| Total | 73.30% |
Management Details
| Name | Designation |
|---|---|
| Krishnamoorthy Venkataraman | Chairman |
| Muralidharan L | CFO |
Company Details
Name: Belstar Macrofinance Limited
Address: New No. 33, Old No. 14, 48th Street, 9th Avenue, Ashok Nagar, Chennai - 600083, Tamil Nadu, India.
Number: 44 4341 4503
Email: cs@belstar.in
Website: www.belstar.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Belstar Macrofinance IPO is a Mainboard IPO having an issue size of Rs. ₹1,300.00 Crs. Belstar Macrofinance IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Belstar Macrofinance IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Belstar Macrofinance IPO is ₹0 per share (-).
The minimum lot size of Belstar Macrofinance IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Belstar Macrofinance IPO is 12 Jul 25.
The listing date of Belstar Macrofinance IPO is 12 Jul 25.
Belstar Macrofinance IPO is subscribed -.
Belstar Macrofinance IPO is priced at ₹ - ₹ per share.
Click the allotment link on Belstar Macrofinance IPO page of IPO360.
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