Five-Star Business Finance Limited

Provides secured loans to micro entrepreneurs and self-employed individuals in semi-urban markets.

1984 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Five-Star Business Finance Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 29.25 Cr
  • Company Age 40 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7,786.08 Cr
  • Satisfied Charges ₹ 3,290.50 Cr
  • Revenue Growth 21.71%
  • Profit Growth 33.06%
  • Ebitda 18.67%
  • Net Worth 16.96%
  • Total Assets 37.20%

About Five-Star Business Finance

Five-Star Business Finance Limited (FBFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 May 1984 and has a history of 40 years and eight months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Five-Star Business Credits Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 29.25 Cr.

The company currently has active open charges totaling ₹7,786.08 Cr. The company has closed loans amounting to ₹3,290.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Five-Star Business Finance Limited India are Krangarajan as Ceo, G Srikanth as Cfo, and Shalini Baskaran as Company Secretary. Thiruvallur Srinivasaraghavan, Anand Raghavan, Deenadayalan Lakshmipathy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65991TN1984PLC010844

  • Company No.

    010844

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1984

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Five-Star Business Finance?

Executive Team (4)

NameDesignationAppointment DateStatus
Deenadayalan Lakshmipathy Country flag representing In Managing Director21-Jun-2002Current
Krangarajan Country flag representing In CEO22-May-2018Current
G Srikanth CFO20-Mar-2022Current
Shalini Baskaran Company Secretary23-May-2017Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhama Krishnamurthy Country flag representing In Director 12-Apr-2016Current
Thiruvallur Srinivasaraghavan Country flag representing In Director 25-Aug-2021Current
Anand Raghavan Country flag representing In Director 28-Jul-2016Current
Thirulokchand Vasan Country flag representing In Director 15-Dec-2016Current
Ramkumar Ramamoorthy Country flag representing In Director 08-Jun-2022Current

Financial Performance of Five-Star Business Finance.

Five-Star Business Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.71% increase. The company also saw a substantial improvement in profitability, with a 33.06% increase in profit. The company's net worth Soared by an impressive increase of 16.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.71%
Revenue from Operations
21.27%
Total Assets
37.20%
Profit or Loss
33.06%
Net Worth
16.96%
EBITDA
18.67%

What is the Ownership and Shareholding Structure of Five-Star Business Finance?

In 2022, Five-Star Business Finance had a promoter holding of 42.51% and a public holding of 57.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7,786.08 Cr

Satisfied Charges

₹3,290.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 5112.08 Cr
  • State Bank Of India : 1109.00 Cr
  • Yes Bank Limited : 410.00 Cr
  • Axis Bank Limited : 330.00 Cr
  • Indian Bank : 275.00 Cr
  • Others : 550.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2024Others₹5.00 CrOpen
14 Oct 2024Others₹70.00 CrOpen
27 Sep 2024Others₹50.00 CrOpen
27 Jun 2024The Hongkong And Shanghai Banking Corporation Limited₹50.00 CrOpen
16 Apr 2024Others₹500.00 CrOpen

How Many Employees Work at Five-Star Business Finance?

Five-Star Business Finance has a workforce of 8920 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Five-Star Business Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Five-Star Business Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Five-Star Business Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100996699 was registered on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 70.00 Cr with Charge ID 100996700 was registered on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100439172 with Others was fully satisfied on 03 Oct 2024.

    03 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100983599 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge with Others of Rs. 565.08 Cr registered on 03 Feb 2020 with Charge ID 100319432 was modified on 27 Sep 2024.

    27 Sep 2024

  • Annual General Meeting

    Five-Star Business Finance Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

Frequently asked questions

  • Five-Star Business Finance Limited was incorporated on 07 May 1984.

  • The authorized share capital of Five-Star Business Finance Limited is ₹ 55.00 Cr and paid-up capital is ₹ 29.25 Cr.

  • Currently 9 directors are associated with Five-Star Business Finance Limited.

    • Thiruvallur Thattai Srinivasaraghavan
    • Anand Raghavan
    • Deenadayalan Lakshmipathy
    • Bhama Krishnamurthy
    • Thirulokchand Vasan
    • Ramkumar Ramamoorthy
    • Krangarajan
    • G Srikanth
    • Shalini Baskaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Five-Star Business Finance Limited is New No. 27 Old 4 Taylor'S Road Kilpauk, India, Chennai, Tamil Nadu, 600010.

  • The corporate identification number (CIN) of Five-Star Business Finance Limited is L65991TN1984PLC010844 and the company number is 010844 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Five-Star Business Finance Limited is https://www.fivestargroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Five-Star Business Finance Limited has risen by 21.71%.

  • As Per 2023 financial reports, 8920 employees are currently employed by Five-Star Business Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Five-Star Business Finance Limited has experienced an upsurge of 16.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Five-Star Business Finance Limited amount to ₹ 7,786.08 Cr.

  • The most recent Balance Sheet for Five-Star Business Finance Limited was filed with the ROC on 31 Mar 2024.

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