About Us

Submitted by admin on Fri, 02/15/2019 - 14:04

About Us

Unique URL
/hf/about-us
Template Type
About Us
Domain
Home Finance
Component Type
Tab Reference

Company Overview

Submitted by admin on Thu, 03/07/2019 - 18:55

IndoStar is a non-banking finance company "NBFC" registered with the Reserve Bank of India as a systemically important non-deposit taking company. We are a professionally managed and institutionally owned organization engaged in providing structured term financing solutions to corporates, used and new Vehicle Financing for transporters, Home Finance through our wholly-owned subsidiary IndoStar Home Finance Private Limited and loans to SME borrowers in India.  We have loans to suit your requirements so that your life takes-off.  We are committed to finding new ways to develop value-based and innovative financial solutions for our customers.

Unique URL
/hf/about-us/company-overview
Template Type
About Us
Domain
Home Finance
Component Type
Image
Company Overview
Title
FINANCIAL SOLUTIONS FOR LIFE KA take off
Banner Type
Banner with Image
Title
about IndoStar
Description

IndoStar is a non-banking finance company "NBFC" registered with the Reserve Bank of India as a systemically important non-deposit taking company. We are a professionally managed and institutionally owned organization engaged in providing structured term financing solutions to corporates, used and new Vehicle Financing for transporters, Home Finance through our wholly-owned subsidiary IndoStar Home Finance Private Limited and loans to SME borrowers in India.  We have loans to suit your requirements so that your life takes-off.  We are committed to finding new ways to develop value-based and innovative financial solutions for our customers.

Position
Left
Title
Credit Ratings
Description

IndoStar is rated by CARE Ratings Ltd., ICRA Limited, CRISIL Limited and India Rating & Research Private Limited (Fitch Group). IndoStar enjoys AA - (minus) rating for Long-Term borrowings and highest short-term rating of A1 + (plus) for Short-Term borrowings.

Position
Center Bottom
Tab Type
Instrument Item
Title
Instrument
Sub Title
Debt Programme
Ratings
Title
Rating Agency
Sub Title
CARE Rating Ltd.
Upload Document
Title
Rating Agency
Sub Title
India Rating and Research Private Limited
Title
Instrument
Sub Title
Market Linked Debentures
Ratings
Title
Rating Agency
Sub Title
CARE Rating Ltd.
Upload Document
Tab Title
Long-Term
Instrument Item
Title
Instrument
Sub Title
Commercial Paper
Ratings
Title
Rating Agency
Sub Title
CARE Ratings Ltd.
Upload Document
Title
Rating Agency
Sub Title
ICRA Limited
Upload Document
Title
Rating Agency
Sub Title
CRISIL Limited
Upload Document
Tab Title
Short-Term
Tab Title
Company Overview
Hash Value
#company-overview
Tab Reference

Board of Directors

Submitted by admin on Fri, 02/22/2019 - 15:30

Board of Directors

Unique URL
/hf/about-us/board-of-directors
Template Type
About Us
Domain
Home Finance
Component Type
Title
Board of Directors
Member Items
Image
MR. PANKAJ THAPAR
Name
MR. PANKAJ THAPAR
Description

Mr. Pankaj Thapar, is a Non-Executive Director of the Company. Mr. Thapar has more than three decades of experience in various fields including corporate finance with Indian and international entities like Everstone Capital Advisors Private Limited, Dentsu Marcom Private Limited, Coca-Cola India Inc., ANZ Grindlays Bank Limited, Citibank India and ICICI Limited. He holds a bachelor‘s degree in commerce and a master‘s degree in business administration from the University of Delhi.

Designation
Non - Executive Director
Image
MR. PRASHANT JOSHI
Name
MR. PRASHANT JOSHI
Description

Mr. Prashant Joshi, is a Non-Executive Director of the Company. Mr. Joshi has more than two decades of experience across small and medium enterprises, and corporate banking. Mr. Joshi has previously worked with Deutsche Bank AG, Standard Chartered Bank, IDBI Bank Limited and ICICI Limited.  He holds a bachelor‘s degree in commerce from University of Bombay and a post graduate diploma in management from the Indian Institute of Management, Calcutta

Designation
Non - Executive Director
Image
MR. SHREEJIT MENON
Name
MR. SHREEJIT MENON
Description

Mr. Shreejit Menon, is the Whole-Time Director of the Company and has been associated with the Company as Business Head – Affordable Home Finance since May 2, 2017. Mr. Menon has several years of experience with financial institutions like Religare Housing Development Finance Corporation Limited, Muthoot Housing Finance Company Limited and HSBC Limited. Mr. Menon holds a bachelor’s degree in commerce and master’s degree in management studies from University of Mumbai.

Designation
Whole - Time Director
Tab Title
Board of Directors
Hash Value
#board-directors
Tab Reference

Management HF

Submitted by admin on Mon, 03/11/2019 - 18:19

Management HF

Unique URL
/hf/about-us/management
Template Type
Products
Domain
Home Finance
Component Type
Title
Management
Member Items
Image
MR. SHRIPAD DESAI
Name
MR. SHRIPAD DESAI
Description

He has 18+ yrs. of experience across Construction Finance, Mortgage Lending, SME sales & risk management functions. He worked with Deutsche Bank, L&T Housing Finance, Reliance Home Finance, Standard Chartered Bank, Centurion Bank of Punjab, IDBI Bank, ICICI Bank and Gruh Finance. He is an MBA from MGM’s Institute of Management and he holds a diploma in Taxation Law from M.P. law College.

Designation
National Credit Manager - Home Finance
Image
MR. PRASHANT JOSHI
Name
MR. PRASHANT JOSHI
Description

Prashant Joshi is the Chief Operating and Risk Officer and has been associated with the Company since August 1, 2016. He holds a bachelor’s degree in commerce from University of Bombay and a post graduate diploma in management from the Indian Institute of Management, Calcutta. He has more than 20 years of experience across small and medium enterprises, and corporate banking. He has previously worked with Deutsche Bank AG, Standard Chartered Bank, IDBI Bank Limited and ICICI Limited. His function and areas of experience in the Company pertains to operations, technology and administration related functions.

Designation
Chief Operating and Risk Officer
Tab Title
Management
Hash Value
#management
Tab Reference

COMMITTEE COMPOSITION

Submitted by admin on Fri, 07/26/2019 - 15:45
Unique URL
/hf/about-us/committee-composition
Template Type
Products
Domain
Home Finance
Component Type
Title
Committee Composition
Description

We are a professionally managed and institutionally owned organization.

Info Items
Title
Audit Committee
Name/Description

Mr. Bobby Parikh

Trustee/ People Items
Name
Mr. Dhanpal Jhaveri
Name
Ms. Naina Krishna Murthy
Name
Mr. Hemant Kaul
Designation
Chairman
Title
Nomination & Remunertion Committee
Name/Description

Nomination & Remunertion

Trustee/ People Items
Name
Mr. Alok Oberoi
Name
Mr. Dhanpal Jhaveri
Name
Mr. Hemant Kaul
Designation
Chairman
Title
Risk Management Committee
Name/Description

Mr. Dinesh Kumar Mehrotra

Trustee/ People Items
Name
Ms. R. Sridhar
Name
Mr. Prashant Joshi
Name
Mr. Pankaj Thapar
Name
Mr. Hemant Kaul
Designation
Chairman
Title
Stakeholders Relationship Committee
Name/Description

Mr. Dhanpal Jhaveri

Trustee/ People Items
Name
Mr. R. Sridhar
Name
Mr. Dinesh Kumar Mehrotra
Name
Mr. Bobby Parikh
Designation
Chairman
Title
Corporate Social Responsibility Committee
Name/Description

Mr. Dinesh Kumar Mehrotra

Trustee/ People Items
Name
Mr. Dhanpal Jhaveri
Name
Ms. Naina Krishna Murthy
Name
Mr. R. Sridhar
Designation
Chairman
Tab Title
Committee Composition
Hash Value
#committee-composition
Tab Reference

Share Holder

Submitted by admin on Tue, 03/12/2019 - 12:32

Share Holder

Unique URL
/hf/about-us/share-holder
Template Type
Products
Domain
Home Finance
Component Type
Color
#3A5F0B
Description

Promoter and Promoter Group

Percentage
59.30%
Color
#006a4e
Description

Foreign Portfolio Investor

Percentage
12.10%
Color
#96cb7f
Description

Mutual funds/Financial institutions/Banks

Percentage
11.16%
Color
#87ceeb
Description

Other

Percentage
17.44%
Tab Title
Shareholders
Hash Value
#shareholders
Tab Reference

CSR at IndoStar

Submitted by admin on Tue, 03/12/2019 - 14:46

Corporate social responsibility is an integral part of our company culture. As a responsible corporation, we respect the interests of our Stakeholders-our shareholders, employees, customers, suppliers, teaming partners, and the wider community. Also, we actively seek opportunities to improve the environment and contribute to the well-being of communities in which we operate. Our CSR initiative focuses mainly in the areas of sanitation, education and women empowerment through skilling and development.

Unique URL
/hf/about-us/csr-at-indostar
Template Type
About Us
Domain
Home Finance
Component Type
Title
CSR at IndoStar
Description

Corporate social responsibility is an integral part of our company culture. As a responsible corporation, we respect the interests of our Stakeholders-our shareholders, employees, customers, suppliers, teaming partners, and the wider community. Also, we actively seek opportunities to improve the environment and contribute to the well-being of communities in which we operate. Our CSR initiative focuses mainly in the areas of sanitation, education and women empowerment through skilling and development.

Position
Center Bottom
Image
CSR
Signpost CSR Image with Content
Image
Avasara Academy
Description

Through Avasara Academy, IndoStar has contributed towards providing education to adolescent girls from economically weaker sections of the society. Based on the Cambridge curriculum, with an emphasis on leadership, entrepreneurship, and Indian studies, the Academy is equipping young women with essential tools to navigate life after school. Set up as a residential learning programme in Pune, the Academy continues to expand, introducing new facilities such as libraries and hostel accommodation. The students and their parents have changed their perception of receiving education; parents are now willing to send their kids to school to complete their schooling. The teaching techniques used here are more practical which prepares students for real life scenarios. The students get an equal opportunity to actively involve themselves in sports as they have access to the Oxford Golf ground in Pune.

Title
Promoting Education
Sub Title
AVASARA ACADEMY
Template Type
Left image Right content
Image
Empowering Women
Description

This initiative promotes the economic empowerment of women through vermi-composting. Learning this skill equips members of villages with a life-long method of earning money while living a healthier life. Women have become more confident and have the ability to contribute towards household incomes, while also being further committed to developing their marketing skills to increase sales. Children in schools are learning the importance of hygiene and have become advocates for the construction of kitchen gardens and soak pits in their community.

Title
Empowering Women
Sub Title
Population First
Title
Sanitation
Description
Centre for Environmental Research and Education (CERE)

Under the Water Conservation and Rainwater Harvesting Project, conducted at the Ploice HQ in Naigaon, IndoStar contributed towards the augmentation of water for the police family of the region. This project has yield notable environmental and social outcomes:

  • Harvesting 38.8 million litres of rain water every year.
  • Increase in ground water table of the entire Naigon precinct area in Dadar.
  • Recharge of defunct bore wells.
  • Decrease in soil salinity and salt water ingress
  • Better maintenance of 3 large police grounds which is used for training, parades and sports
  • Improved living conditions in police colonies as they used the water for household chores
  • Promotion of environmental sustainability within police force
  • Water access for tree plantation drive in the police colonies

All the members of the police community have been enthusiastically involved in this project, being actively involved in CERE to complete it on time. The families were trained on the usage and saving of water, thus, helping a deserving section of society that is usually ignored.

Position
Center Top
Image
Sanitation
Tab Title
CSR at IndoStar
Hash Value
#csr-indostar
Tab Title
Investors Corner
Hash Value
#investors-corner
Canonical URL
https://www.indostarhfc.com/about-us
SEO Description
IndoStar Home Finance Private Limited (IHFPL) provides financial solutions that allow you to do transfer your current home loans from other financial institutions. We provide a Balance Transfer and Top-Up facility with higher eligibility to meet any additional requirement for your home needs.
SEO Title
About IndoStar Company | IndoStar Home Finance Private Limited (IHFPL)
OG Description
IndoStar Home Finance Private Limited (IHFPL) provides financial solutions that allow you to do transfer your current home loans from other financial institutions. We provide a Balance Transfer and Top-Up facility with higher eligibility to meet any additional requirement for your home needs.
OG Title
About IndoStar Company | IndoStar Home Finance Private Limited (IHFPL)
OG Url
https://www.indostarhfc.com/about-us
Twitter Description
IndoStar Home Finance Private Limited (IHFPL) provides financial solutions that allow you to do transfer your current home loans from other financial institutions. We provide a Balance Transfer and Top-Up facility with higher eligibility to meet any additional requirement for your home needs.
Twitter Title
About IndoStar Company | IndoStar Home Finance Private Limited (IHFPL)
ItemProp Description
IndoStar Home Finance Private Limited (IHFPL) provides financial solutions that allow you to do transfer your current home loans from other financial institutions. We provide a Balance Transfer and Top-Up facility with higher eligibility to meet any additional requirement for your home needs.
ItemProp Name
About IndoStar Company | IndoStar Home Finance Private Limited (IHFPL)