IndoStar Capital Finance Limited Offer opens on May 9, 2018

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Chennai, 7thMay 2018: IndoStar Capital Finance ("Company")will be launching its initial public offering ("IPO" or the "Offer"). The IPO is scheduled to open onMay 9, 2018 and close on May 11, 2018 with a price band of Rs. 570 toRs. 572 per equity share of face value of Rs. 10 each of the Company (the "Equity Shares"). The anchor investor allocation will be a day prior to the Bid/Offer Opening Date i.e. May 8, 2018.
The IPO comprises a Fresh Issue aggregating up to Rs. 7,000 million ("Fresh Issue") and an Offer for Sale of up to 20,000,000 Equity Shares by the selling shareholders, comprising an offer for sale of up to 18,508,407 equity shares by IndostarCapital ("Promoter Selling Shareholder") and an offer for sale of up to 1,491,593 Equity Shares by the Other Selling Shareholders (as defined in the RHP, and together with the Promoter Selling Shareholder, the "Selling Shareholders", and such offer for sale, the "Offer for Sale").
The Company intendstoprimarily utilize the Net Proceeds of the Fresh Issue for augmenting its capital base to meet future capital requirements.
The Offer is being made in terms of Rule 19(2) (b) of the Securities Contracts (Regulation) Rules, 1957 (SCRR), through the Book Building Process in accordance with Regulation 26(1) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (the "SEBIICDR Regulations"), wherein 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs"). Our Company and the Promoter Selling Shareholder, in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors at the Anchor Investor Allocation Price, on a discretionary basis, out of which at least one-third will be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Fundsat or above the Anchor Investor Allocation Price.

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