INDOSTAR CAPITAL FIN Share price

The Company was incorporated as ‘R V Vyapaar Private Limited’ a private limited company under the Companies Act 1956 with a certificate of incorporation issued by the Registrar of Companies West Bengal on July 21 2009. For business and commercial reasons the name of the Company was subsequently changed to ‘IndoStar Capital Finance Private Limited’ pursuant to a special resolution passed by the shareholders of the Company on November 8 2010. A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies West Bengal on November 15 2010. Thereafter the Company was converted into a public limited company under the Companies Act 2013 pursuant to a special resolution passed by the shareholders of the Company on April 30 2014. Consequently the name of the Company was changed to ‘IndoStar Capital Finance Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies West Bengal on May 28 2014. Further the registered office of the Company was changed from West Bengal to Maharashtra pursuant to a special resolution passed by the shareholders of the Company on February 16 2015. Subsequently an order dated August 25 2015 was issued by Regional Director (Eastern Region) Ministry of Corporate Affairs Kolkata confirming the change in the registered office of the Company from the state of West Bengal to the state of Maharashtra and a certificate of registration of the order dated September 8 2015 was issued by the RoC.The Company was registered as a non-public deposit taking NBFC pursuant to a certificate of registration (bearing number N-05.06857) dated June 17 2010 issued by the RBI. Pursuant to a change in name of the Company and conversion from a private company to a public company a certificate of registration (bearing number N-05.06857) dated January 21 2015 was issued by the RBI. Pursuant to change in registered office from West Bengal to Maharashtra a certificate of registration (bearing number N-13.02109) dated January 20 2016 was issued by the RBI.Major events and Milestones:The table below sets forth some of the major events in the history of the Company:2009-Incorporation of our Company as R V Vyapaar Private Limited.2010-Registered as a non-public deposit taking non-banking financial company with the RBI.-Change of name to IndoStar Capital Finance Private Limited.2011-Received investment from Indostar Capital.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.5000 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.1000 million.-Issuance of NCDs worth Rs.2000 million.2013-Incorporation of IndoStar Asset Advisory Private Limited.2014-Conversion to public limited company.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.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.2017-Disbursement of first housing loan.-Launch of vehicle finance business and disbursement of first vehicle finance loan.2018-Opening of the 100th branch of the Company-Company reaches employee count of 1000-IHFPL received credit rating of ICRA A1+ and CARE A1+ for its commercial paper programme of Rs. 2000 million.