Home First Finance Company India Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹517-₹518
- Lot size
- 28 shares
- Issue amount
- ₹1,154 cr
- Total subscription
- 0×
- Opens
- 21 Jan 2021
- Closes
- 25 Jan 2021
- Allotment
- 1 Feb 2021
- Listing
- 3 Feb 2021
Offer at a glance
Issue overview
- Issue size
- 2,22,72,556 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,476
- Fresh issue
- ₹265 cr
- Offer for sale
- ₹889 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,504
- Issue type
- Bookbuilding IPO
- Shares before issue
- 8,22,70,961
- Shares after issue
- 8,73,86,791
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 28 | ₹14,504 |
| sHNI | 14 | 392 | ₹2,03,056 |
| bHNI | 69 | 1,932 | ₹10,00,776 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Technology-Driven: Focused on tech-enabled affordable housing solutions.
- Strong Market Presence: Deep penetration in the largest housing finance markets.
- Diversified Lead Sources: Multiple channels for generating leads.
- Experienced Management: Led by a skilled and qualified leadership team.
Promoters
True North Fund V LLP
Aether (Mauritius) Limited
Registrar & documents
Lead manager
Axis Capital Limited, Credit Suisse Securities (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
511, Acme Plaza, Andheri Kurla Road Andheri East, Mumbai
91 22 6694 0386
[email protected]Company website ↗Understanding HOMEFIRST IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.