IndoStar Capital Finance Limited
ICICI Prudential Life Insurance reduced its stake in IndoStar Capital Finance from 1.10% to 1.08%, selling 38,154 shares.
A systemically important non-banking financial company registered with the Reserve Bank of India, Indostar Capital provides lending and financial solutions across multiple sectors and asset classes. Incorporated in 2009, the company operates as a non-deposit taking NBFC, specializing in structured finance and asset-based lending. Its core operations span infrastructure financing, commercial real estate, and other specialized lending verticals to institutional and corporate clients.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.