IndoStar Capital Finance promoters to sell 14.2% stake via OFS; floor price at 20% discount

IndoStar Capital Finance promoters to sell 14.2% stake via OFS; floor price at 20% discount

The promoters of IndoStar Capital Finance are looking to sell about 14.2% stake in the company through an offer for sale (OFS), which opens on May 3. Under the OFS, promoters Indostar Capital and Everstone Capital Partners II LLC will offload about 1.93 crore equity shares with a face value of Rs 10 each. While … Read more