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Home First Finance Company India Limited IPO

Home First Finance Company India Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 618.80 (+19.46%)

Home First Finance Company India Limited's successfully completed its Initial Public Offering and commenced trading on 03-02-2021 at the NSE, BSE exchange. The company raised 2,22,72,556 Shares through this public offering, comprising 51,15,830 Shares in fresh capital and ₹889.00 Cr through the Offer for Sale mechanism.

The IPO was priced within the band of ₹517 to ₹518, with minimum application lots of 28 shares. The offering attracted significant investor interest during its subscription period from 21-01-2021 to 25-01-2021.

Share allotment was finalized on 01-02-2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

Home First IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Home First IPO Key Performance Indicator
Company Financials ( In Lakhs )

Home First IPO About Company

Home First Finance Company is an affordable housing finance company catering primarily to low- and middle-income groups, offering housing loans for buying and constructing homes, along with loans against property, developer finance loans, and loans for commercial properties. The company generates leads through connectors, contractors, architects, and affordable housing developers, and as of September 30, 2020, operates 70 branches across 60 districts in 11 states and a union territory, with key markets in Maharashtra, Karnataka, Tamil Nadu, and Gujarat. Leveraging technology for loan processing, risk management, and customer experience, Home First Finance enables quick and transparent loan transactions through its mobile app, servicing 44,796 active loans as of September 2020.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Home First IPO Strength Factors

  1. Technology-Driven: Focused on tech-enabled affordable housing solutions.
  2. Strong Market Presence: Deep penetration in the largest housing finance markets.
  3. Diversified Lead Sources: Multiple channels for generating leads.
  4. Experienced Management: Led by a skilled and qualified leadership team.

Home First IPO Risk Factors

NA


Home First IPO Lead Manager(s)

  • Axis Capital Limited
  • Credit Suisse Securities (India) Private Limited
  • ICICI Securities Limited
  • Kotak Mahindra Capital Company Limited

Home First IPO Promoter(s)

  1. True North Fund V LLP
  2. Aether (Mauritius) Limited

Home First IPO Company Details

Home First Finance Company India Limited
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Home First IPO Registrar

Kfin Technologies Limited
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Home First IPO FAQs