June 26, 2017 3:36 PM ET

Diversified Financial Services

Company Overview of Indostar Capital Finance Limited

Company Overview

IndoStar Capital Finance Limited, a non-banking financial company, provides various financing services to large and mid-sized corporates in India. The company offers secured corporate lending products, including secured structured term loans; and real estate financing products, such as structured loans, as well as loans at project level for construction of commercial and residential properties, including late stage financing for inventory funding. It also provides capital market financing products comprising loans to promoters against listed securities, various unlisted securities, and other tangible collaterals. In addition, the company offers special situation and acquisition financing pro...

Tower 2A, One Indiabulls Center

17th Floor

Jupiter Mills Compound

Senapati Bapat Marg

Mumbai,  400013

India

Founded in 2009

34 Employees

Phone:

91 22 4315 7000

Fax:

91 22 4315 7010

Key Executives for Indostar Capital Finance Limited

Executive Vice-Chairman & CEO
Age: 58
MD, Head of Corporate Lending & Markets and Whole-Time Director
Age: 46
MD and Head of Small, Medium Enterprises & Retail Business
Chief Financial Officer
Age: 54
Compliance officer and Company Secretary
Compensation as of Fiscal Year 2016.

Indostar Capital Finance Limited Key Developments

Investors Reportedly Seeks To Acquire Catholic Syrian Bank

PEs and various financial investors have shown interest to acquire stake in The Catholic Syrian Bank Limited, including AION Capital Partners Ltd, JM Financial Limited and Indostar Capital Finance Limited. AION Capital Partners Ltd is among suitors that have expressed interest in buying a stake in Catholic Syrian Bank, people familiar with the matter said. Everstone Capital through IndoStar Capital Finance Ltd. has also approached Catholic Syrian’s board about a possible deal, according to the people, who asked not to be identified because the information is private. Fairfax Financial Holdings Limited (TSX:FFH) is looking to acquire 51% stake, besides wanting to invest upto INR 10 billion in the bank. Fairfax will enter detailed price negotiations with Catholic Syrian as soon as this week about buying a 51% stake, the people said. According to T S Anantharaman, Chairman of Catholic Syrian Bank, the bank is only conducting talks with Fairfax regarding the stake sell and is currently not engaging with other investors who have approached the bank informally. Aion and Everstone haven’t started formal negotiations with Catholic Syrian, and any bidders would need to get central bank approval for a deal, according to the people.

IndoStar Capital Finance Ltd Appoints R Sridhar as Executive Vice-Chairman and Chief Executive Officer

IndoStar Capital Finance Ltd. has appointed R Sridhar as executive vice-chairman and chief executive officer of the company. In his new role, Sridhar will oversee company's growth across its lending businesses, including corporate lending, small and medium enterprise (SME) lending, a 100%-owned housing finance subsidiary, IndoStar Home Finance Pvt. Ltd, and other asset financing businesses.

Puranik Reportedly To Raise Funds From IndoStar Capital

Puranik Builders Private Limited is in talks to raise INR 2.25 billion from Indostar Capital Finance Limited, two people aware of the development said. Talks between the two parties are at an advanced stage and the transaction is expected to close soon, said one of the two people cited above, requesting anonymity as the talks are private. Puranik plans to use the money for its two residential projects in Thane, he added.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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