Indostar Capital Finance Ltd
Indostar Capital Finance Ltd Company History
IndoStar Capital Finance is registered with the Reserve Bank of India (RBI) as a Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC-ND-SI) vide certificate No. N-13.02109. The Company is primarily engaged in lending business.
2009
Incorporation of our Company as R V Vyapaar Private Limited.
2009
2010
Registered as a non-public deposit taking non-banking financial company with the RBI.
Change of name to IndoStar Capital Finance Private Limited.
2010
2011
Received investment from Indostar Capital.
2011
2012
Company entered into its first loan facility agreement.
Company received long term external credit rating of CARE AA- from CARE for long term facilities of Rs.5,000 million.
Company received external credit rating of CARE A1+ from CARE for its proposed commercial papers with a limit of Rs.500 million.
Issuance of commercial papers worth Rs.1,000 million.
Issuance of NCDs worth Rs.2,000 million.
2012
2013
Incorporation of IndoStar Asset Advisory Private Limited.
2013
2014
Conversion to public limited company.
2014
2015
Registered office shifted from Kolkata to Mumbai.
Launch of SME business and disbursement of first SME loan.
Registration of IndoStar Credit Fund (managed by IAAPL) with SEBI.
2015
2016
Launch of housing finance business and incorporation of IndoStar Home Finance Private Limited.
Implementation of OmniFin
IHFPL received license from NHB to carry on the business of a housing finance institution without accepting public deposits.
2016
2017
Disbursement of first housing loan.
Launch of vehicle finance business and disbursement of first vehicle finance loan.
2017
2018
Opening of the 100th branch of the Company
Company reaches employee count of 1,000
IHFPL received credit rating of ICRA A1+ and CARE A1+ for its commercial paper programme of Rs. 2,000 million.
2018
2019
IndoStar Capital Finance joins hands with ICICI bank to finance commercial vehicles.
IndoStar Capital Finance Completed acquisition of Commercial Vehicle Finance Business of India Infoline Finance Limited.
2019
2021
IndoStar Capital Finance Limited has informed the acquisition of equity shares of lndoStar Home Finance Private Limited.
2021
