IndoStar Capital Finance Limited, originally incorporated as R V Vyapaar Private Limited in 2009, is a non-banking financial company (NBFC) registered with the Reserve Bank of India as systemically important and non-deposit taking. The company focuses primarily on lending, expanding over the years to include SME finance, housing finance, and vehicle finance. IndoStar launched its IPO in May 2018, which was significantly oversubscribed, and has since expanded its branch network to 322 locations, following the acquisition of the CV Finance business from India Infoline Finance Limited in 2019.
In 2020, IndoStar received a substantial investment of Rs 1225 crore from Brookfield Business Partners, making them a key promoter alongside IndoStar Capital Mauritius. The company is noted for its strong liquidity position, robust balance sheet, and excellent asset quality, with significant cash reserves. IndoStar continues to strengthen its retail lending business across various sectors, positioning itself as a versatile player in the financial services industry.
