INDOSTAR CAPITAL FINANCE LIMITED

Issue Size (Net)

upto to Rs. 150 Crs

Credit Ratings

The NCDs proposed to be issued under the Issue have been rated “CARE AA-/Stable”

Issue Opening Date

Friday, September 06, 2024

Issue Closing Date

Thursday, September 19,2024

ROI Chart Term Sheet Company Highlights Financials Highlights Prospectus

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V
Frequency of Interest Payment	Annual	Cumulative	Quarterly	Annual	Annual
Tenor	24 Months	24 Months	36 Months	36 Months	60 Months
Coupon (% per annum) for NCD Holders in all Categories I,II,III and IV*	10.50%	NA	10.30%	10.70%	10.50%
Amount (Rs. / NCD) on Maturity for Category I II & III IV	Rs.1000	Rs.1221.03	Rs.1000	Rs.1000	Rs.1000
Maturity/Red emption Date (from the Deemed Date of Allotment)	24Months	24Months	24Months	36Months	36Months
PutandCall Option	NotApplicable
Face Value/ IssuePriceof NCDs (Rs./ NCD)	Rs.1,000
Minimum Application size and in multiples of NCD there after	Rs.10,000 (10NCDs)andinmultipleof Rs.1,000(1NCD)thereafter.
Nature of Indebtedness	Secured

1.Company Information

Indostar Capital Finance Limited is a non-banking finance company (“NBFC”) registered with the Reserve Bank of India as a NBFC-ML. They are a professionally managed and institutionally owned company which is primarily engaged in providing secured financing solutions to borrowers across categories: used and new vehicle financing for transporters, affordable home finance solutions to home loan borrowers, loans to SME borrowers and structured term financing solutions to corporates. The Company started its operations in 2011 as an NBFC focused on corporate financing. However, since the incorporation, they have refocused the strategy to become a retail focused NBFC, with 95.86% of their AUM as of June 30, 2024 being in form of retail financing. The Company currently has two wholly owned subsidiaries: Indostar Home Finance Private Limited (“IHFPL”) which provides affordable housing finance loans to salaried individuals, self-employed professionals, individuals belonging to the middle and low-income groups who reside in the outskirts of tier-II and below cities and Indostar Asset Advisory Private Limited (“IAAPL”) which acts as an investment manager, registered with SEBI.

2. Ratings

"The NCDs proposed to be issued under the Issue have been rated “CARE AA-/Stable” (Pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of ₹ 50,000 Lakh by CARE Ratings Limited vide their rating letter dated January 24, 2024, revalidated vide letter dated February 15, 2024, and further revalidated vide letters dated April 22, 2024 and June 19, 2024, with a rating rationale dated January 25, 2024.

3.Indostar Capital Finance Limited

LINK INTIME INDIA PRIVATE LIMITED

Link Intime India Private Ltd

C- 101, 247 Park, LBS Marg,

Vikhroli (West), Mumbai – 400 083

Maharashtra, India

Tel: +91 810 811 4949

Fax: +91 22 4918 6060

Email: indostar.ncd2024@linkintime.co.in

Investor Grievance Email: ndostar.ncd2024@linkintime.co.in

Website: www.linkintime.co.in

Contact Person: Shanti Gopalkrishnan

Indostar Capital Finance limited NCD Sep 2024 Financial Information (Restated Consolidated)

Period Ended	Assets	Revenue	Profit After Tax	Net Worth
FY24	939013.53	139297.64	11583.01	308971.01
FY23	813927.3	117433.8	22514.66	300985.64
FY22	882426.89	116269.24	-73651.23	286679.95

Issuer	INDOSTAR CAPITAL FINANCE LIMITED
Instrument	Secured Redeemable Non-Convertible Debentures (NCDs)
Issue Opens on	Friday, September 06, 2024
Issue Closes on	Thursday, September 19,2024
Issue Size	Public issue by Indostar Capital Finance Ltd (the “Company”/ “Issuer”) of secured redeemable non-convertible debentures of face value of .1,000 each (“NCDs”) for an amount up to .15000 Lakhs (“Base Issue Size”) with a green shoe option of .15000 Lakhs aggregating up to .30000 Lakhs
Issue Price / Face Value	Rs.1,000/- per NCD
Minimum Application	Rs.10,000/- (10 NCD) and in multiples of Rs.1,000/- (1 NCD) thereafter.
Credit Rating	“The NCDs proposed to be issued under the Issue have been rated “CARE AA-/Stable” (Pronounced as CARE Double A Minus; Outlook: Stable) by CARE Ratings Limited for an amount of . 50,000 Lakh by CARE Ratings Limited vide their rating letter dated January 24, 2024, revalidated vide letter dated February 15, 2024, and further revalidated vide letters dated April 22, 2024 and June 19, 2024, with a rating rationale dated January 25, 2024.
Registrar	Link Intime India Private Limited
Listing	The NCDs are proposed to be listed on BSE
Category	I - Institutional	II - Non-Institutional	III -HNI	IV -Retail
Category Allocation	10%	30%	30%	30%
Put/Call Option	N.A.
Mode of Allotment	Compulsorily in dematerialized form.
Allotment	First Come First Serve Basis.
Depositories	NSDL and CDSL

Specific Terms for Each Series of NCDs
Series	I	II	III	IV	V
Frequency of Interest Payment	Annual	Cumulative	Quarterly	Annual	Annual
Tenor	24 Months	24 Months	36 Months	36 Months	60 Months
Coupon (% per annum) for NCD Holders in all Categories I,II,III and IV*	10.50%	NA	10.30%	10.70%	10.50%
Amount (Rs. / NCD) on Maturity for Category I II & III IV	Rs.1000	Rs.1221.03	Rs.1000	Rs.1000	Rs.1000
Maturity/Red emption Date (from the Deemed Date of Allotment)	24Months	24Months	24Months	36Months	36Months
PutandCall Option	NotApplicable
Face Value/ IssuePriceof NCDs (Rs./ NCD)	Rs.1,000
Minimum Application size and in multiples of NCD there after	Rs.10,000 (10NCDs)andinmultipleof Rs.1,000(1NCD)thereafter.
Nature of Indebtedness	Secured

Prospectus File

Download