360.60 0.55(0.15%)
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Five-Star Business Finance Limited was incorporated as a Private Limited Company under the name, 'Five-Star Business Credits Private Limited' at Chennai, Tamil Nadu dated May 7, 1984. The Company converted from a Private Limited to a Public Limited and name of the Company was changed from Five-Star Business Credits Private Limited' to Five-Star Business Credits Limited' on October 3, 1988. Subsequently, Company changed its name of to Five-Star Business Finance Limited' on May 13, 2016. The Company is registered with the RBI to carry on the business of non-banking financial institution without accepting public deposits. It now operates in the states of Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Madhya Pradesh, Maharashtra, Chhattisgarh, Uttar Pradesh and Rajasthan.The Company is an NBFC-ND-SI providing secured business loans to micro-entrepreneurs and self-employed individuals, each of whomare largely excluded by traditional financing institutions. Headquartered in Chennai, Tamil Nadu with a strong presence in South India, all of its loans are secured by the borrowers' property, predominantly being SORP. The Company is primarily engaged in providing loansfor business purposes, house renovation / extension purposes and other mortgage purposes. Company started op...