WhiteOak Capital Mutual Fund took a new position in Five-Star Business Finance Limited, acquiring 3,724,217 shares, representing a 1.26% stake. The stake is worth ₹203 Cr based on the share price of ₹544.10.
A non-banking financial company providing secured business loans to micro-entrepreneurs and self-employed individuals across South India. Incorporated in 1984, the company specializes in financing solutions tailored for small business owners and self-employed professionals seeking growth capital. It operates as an NBFC-ND-SI, focusing on underserved customer segments in its core southern markets with customized lending products and personalized service.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.