Five-Star Business Finance Limited was established 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 whom

are 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 loans

for business purposes, house renovation / extension purposes and other mortgage purposes.

Company started operations in Chennai, Tamil Nadu and has increased scale of operations through growth in number of branches across geographies where there is substantial demand for their offering. It has implemented a comprehensive and robust credit assessment, risk management and collections framework to identify, monitor and manage risks inherent in their line of business.

Apart from this, the Company secure financing from diversified sources of capital, including term loans; proceeds from loans securitized; proceeds from the issuance of NCDs; issuance of principal protected market linked debentures; and proceeds from loans assigned from banks, financial institutions, mutual funds, and other domestic and international development financial institutions, as applicable to

meet capital requirements.

In 2008, the Company rearranged portfolio for advances by moving focus to financing the immovable properties.

In 2017, it expanded the geographical presence to Telangana.

the Company had 1 wholly owned subsidiary, Five-Star Housing Finance Private Limited upto the financial year 2018-2019, which was merged with itself in financial year 2019-2020.

During the FY ended March 31, 2023, the Company made an Initial Public Offer (IPO / Issue) of the 33,512,901 Equity Shares of Face Value of Re 1 each by raising funds from public aggregating to Rs 1588.51 Crores through Offer for Sale.

the Company's branch network increased to 373 by adding 73 new branches as on March 31, 2023.

the Company has opened 147 new branches resulting in the branch network increasing to 520 from 373 in FY 2024.