Indigo Acquisition Corp. was established with the primary objective of undertaking strategic business combinations, which encompass mergers, share or asset acquisitions, reorganizations, and similar corporate transactions, involving one or more other entities. This company, founded in 2024, operates out of its main office located in Miami, Florida.
IndoStar Capital Finance Limited Q1FY27 Disbursements ₹ 1,235 crore up 44% vis-à-vis Q1FY26
IndoStar Capital Finance reported strong operational momentum in Q1 FY27, with disbursements rising 44% year-over-year to INR 1,235 crore and Assets Under Management growing 6% to INR 8,244 crore.
Profitability improved as Net Interest Income increased 39% to INR 219.5 crore, driven by a reduction in the weighted average cost of funds by 80 basis points to 9.9%.
The company maintained a Capital Adequacy Ratio of 34.8% and expanded its branch network to 468 locations, while Gross Stage 3 assets stood at 4.84%.