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Five Star Business Finance Shares List At 5.27% Discount Over IPO Price

Shares of Five Star Business Finance listed at Rs 449 apiece on the BSE Ltd., a discount of 5.27% to its IPO price of Rs 474 apiece. On the National Stock Exchange of India Ltd., the stock debuted at Rs 468, a 1.26% discount.Five Star Business Finance launched its three-day initial public offering on Nov. 9. The IPO was subscribed 70% or 0.70 times on the last day.The Chennai-headquartered lender deals in secured business loans to m…

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