Indostar Capital Finance Ltd

Summary

IndoStar Capital Finance Ltd. (IndoStar) is a professionally managed and institutionally owned organization, which offers structured term financing solutions to corporates, and loans to small and medium enterprise (SME) borrowers in India. It has recently expanded its portfolio to offer vehicle finance and housing finance products through its network of 129 branches. The housing finance business is operated through IndoStars wholly-owned subsidiary IndoStar Home Finance Private Limited. IndoStar Capital Finance Limited is a leading non-banking finance company (NBFC) registered with the Reserve Bank of India as a systemically important non-deposit taking company. The Company operates four principal lines of business, namely corporate lending, SME lending, vehicle financing and housing financing.IndoStar Capital Finance Limited was incorporated as a private limited company with the name R V Vyapaar Private Limited on July 21, 2009. The Company was registered as a non-public deposit taking NBFC pursuant to a certificate of registration (bearing number N-05.06857) dated June 17, 2010, issued by the RBI. For business and commercial reasons, the name of the Company was subsequently changed to IndoStar Capital Finance Private Limited on November 15, 2010. In 2011, the company received investment from Indostar Capital.In 2012, the company entered into its first loan facility agreement. During the year under review, the company received long term external credit rating of CARE AA-... Read More