MEDIA

IndoStar announces succession plan by promoting Deep Jaggi to Chief Executive Officer; R. Sridhar decides to step down on completion of his five-year term

Mumbai, Wednesday, November 10, 2021 – IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q2FY22 results today.

Mumbai, Thursday, August 12, 2021 – IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q1FY22 results today.

Mumbai, Thursday, June 17, 2021 – IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q4FY21 results today

 IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q3FY21 results today.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q2FY21 results. 

IndoStar Capital Finance (ICFL), India’s leading Non-Banking Finance Company announced further strengthening of the Senior Management team with the appointment of Deep Jaggi as Chief Business Officer.  He will be based out of the Mumbai Office and report to Mr. R. Sridhar, Executive Vice Chairman and CEO, IndoStar Capital Finance.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q1FY21 results on the back of closing an INR 1,225 crore equity capital injection by Brookfield Business Partners L.P, together with its institutional partners (collectively “Brookfield”). 

Indostar Captial Finance Limited (Indostar), one of India's leading retail non-banking financial companies closed on INR 1,225 crore equity capital injection by Brookfield Business Partners L.P., together with its institutional partners (Collectively "Brookfield")

IndoStar Capital Finance Limited (IndoStar), one of India’s leading retail non-banking financial companies announced its Q4FY20 and FY20 results on the back of closing an INR 1,225 crore equity capital injection by Brookfield Business Partners L.P., together with its institutional partners (collectively “Brookfield”)

IndoStar Capital Finance Limited (IndoStar), one of the leading NBFCs in the country, has signed a binding agreement to acquire the CV finance business of India Infoline Finance Limited (IIFL Finance), a material subsidiary of IIFL Holdings Limited.

Mumbai, 01st April, 2019: IndoStar Capital Finance Limited (IndoStar): One of the leading NBFCs in the country has announced today the completion of its acquisition of the CV finance business of India Infoline Finance Limited (IIFL) with effect from 31 March 2019.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading non-banking financial companies, announced its consolidated financial results for the quarter ended December 31, 2018. IndoStar posted a PAT of Rs. 71.3 crs in Q3 FY19, up 81% YoY driven by continued traction in its retail business.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading non-banking financial companies, announced its consolidated financial results for the quarter ended June 30, 2018. The NBFC saw a 54% rise YoY in its AUM from Rs. 4,968.1 Cr to Rs. 7,640.2 Cr in Q1 FY19. 

IndoStar Capital Finance Limited (IndoStar), one of India’s leading non-banking financial companies, announced its consolidated financial results for the quarter ended September 30, 2018. IndoStar posted a PAT of ₹ 64 crs. in Q2 FY19, up 103% QoQ on the back of strong disbursements growth in its Corporate and Retail businesses.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading non- banking financial companies, announced its financial results for the year ending March 31, 2018. The NBFC reported Net Interest Income of Rs. 378.7Cr for FY18, a rise of 14% from Rs. 331.7 Cr in FY17 and a Profit After Tax of Rs. 224.4Cr for FY18, an increase of 6% from Rs. 210.8 Cr in FY17.

IndoStar Capital Finance Limited (IndoStar), one of India’s leading NBFCs, has entered the vehicle finance business and affordable home finance after six successful years of corporate lending and supporting SME businesses.

Financial services veteran R Sridhar has joined IndoStar Capital Finance Limited as its Executive Vice Chairman and CEO as the Everstone Group-backed NBFC witnesses strong growth and aims to sharply grow its retail lending business, IndoStar Capital announced today.

Dear Sir/ Madam, Please find enclosed press release on liquidity update of the Company. Further, the press release will be hosted on the Company’s website at www.indostarcapital.com

IndoStar Capital Finance Limited, one of India’s leading non-banking financial companies announced its consolidated financial results for the quarter ended June 30, 2018.

IndoStar Capital Finance Ltd, the non-banking finance player promoted by global investors, has roped in Prashant Joshi from Deutsche Bank to head its SME and Retail business. Joshi, who has over 23 years of experience in the lending business, will be based in Mumbai.

IndoStar Capital Finance Ltd, the first Indian NBFC promoted by global investors in 2011, has set new benchmarks for the industry in line with the vision of the promoters to create a leading independent credit institution.

Raised equity of INR 700 Crore through IPO in May 2018.
Strong balance sheet
Debt ~2x of Equity
Capital Adequacy ~32%

IndoStar Capital Finance, a nonbanking finance company, has more than halved its corporate loan portfolio as its retail segment surged...

The 'non' in the non-banking finance companies (NBFCs) carries an unfortunate negative connotation. While in reality, NBFCs are basically complementing the banks in providing credit to those segments of the economy that the banks are unable to reach.

Financial services has long been institution-driven due to strict regulations, barring exceptions like Shriram Transport. But many former bankers have taken the plunge. Here’s what Jaspal Bindra, Gunit Chadha, Bhupinder Singh and R Shridhar want to do.

The stock of IndoStar Capital Finance, a non-banking finance company (NBFC), has lost 13% since its listing last month as the market is worried that rising interest rates will affect margins of NBFCs, which typically borrow from banks and through instruments like debentures.

IndoStar Capital Finance Ltd. (IndoStar) a non-banking financial company, has entered affordable home finance and vehicle financing to meet its aspirational growth, said a top executive. “So far, we were financing corporates, retail and SME’s,” said R.Sridhar, executive VC & CEO, IndoStar Capital Finance Ltd.