SEBI Approves Five Star Business Finance IPO
January 11, 2022
Non-banking financial company Five Star Business Finance had received capital markets regulator Sebi’s go-ahead to raise funds through initial share-sales. It had filed their preliminary IPO documents with Sebi in September and obtained its “observations” letter during January 3-7. The company is backed by bunch of investors like TPG, Matrix Partners, Norwest Ventures, Sequoia