Five Star Business Finance block deal likely as Peak XV, other PE investors look to sell up to 20% stake: CNBC-TV8

Five Star Business Finance block deal likely as Peak XV, other PE investors look to sell up to 20% stake

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26 Aug, 2025 12:21

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Peak XV Partners and other private equity investors are likely to sell up to 20% stake in Five Star Business Finance Ltd through block deal, reported CNBC-TV18 citing sources on September 25.

The block deal size could be close to $500 million, the channel reported.

On September 25, Five Star Business Finance's shares closed 5.1 percent higher at Rs 812.2 apiece. The 52-week high of Five Star Business Finance stock is Rs 862.75 and 52-week low is Rs 600.05.

As of June quarter, Peak XV Partners held 6.25 percent stake in the non-banking financial company (NBFC), showed exchange data.

In December 2023, TPG Asia VII SF Pte, Matrix Partners India Investment Holdings II LLC, and Peak XV Partners Investments V sold the shares of Five Star Business Finance for Rs 1,656 crore through open market transactions.

In September 2023, Norwest Venture Partners X Mauritius, Matrix Partners India Investment Holdings II LLC, and TPG Asia VII SF Pte offloaded 2.55 crore shares of Five Star Business Finance for Rs 1,863 crore through open market transactions.