Home First Finance Company India Limited IPO
Mainboard₹14,504 / 28 Shares
Home First Finance Company India Limited IPO Details
The Home First Finance Company India Limited IPO price band is set between ₹517-518 per equity share, with a face value of ₹2 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 21 Jan, 2021 and closes on 25 Jan, 2021. Investors can check the allotment status on 1 Feb, 2021, while the listing date is tentatively scheduled for 3 Feb, 2021.
The total issue size is 2,22,72,586 Eq Shares of ₹2, aggregating up to ₹1,153.72 Cr. Stay tuned for the latest Home First Finance Company India Limited IPO review and GMP updates.
Home First Finance Company India Limited IPO Review, Rating & Analysis
Home First Finance Company India Limited IPO Review
NO REVIEWHome First Finance Company India Limited IPO Rating
Home First Finance Company India Limited IPO Highlights
IPO Date
Jan 21, 2021 - Jan 25, 2021
Listing Date
3 Feb, 2021
Face Value
₹2 Per Equity Share
Price Band
₹517-518 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Home First Finance Company India Limited IPO Lot Size
The minimum market lot for Home First Finance Company India Limited IPO is 28 shares with an application amount of ₹14,504. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 28 | ₹14,504 |
| Retail (Max) | 13 | 364 | ₹1,88,552 |
| S-HNI (Min) | 14 | 392 | ₹2,03,056 |
| S-HNI (Max) | 68 | 1904 | ₹9,86,272 |
| B-HNI (Min) | 69 | 1932 | ₹10,00,776 |
Home First Finance Company India Limited IPO Timeline
Issue Price
₹517-518 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, Credit Suisse Securities (India) Private Limited, ICICI Securities Limited, Kotak Mahindra Capital Company LimitedIssue Size
2,22,72,586 Eq Shares of ₹2(aggregating up to ₹1,153.72 Cr)Fresh Issue: 51,15,830 Eq Shares of ₹2 (aggregating up to ₹265.00 Cr)Offer for Sale: 1,71,56,756 Eq Shares of ₹2 (aggregating up to ₹888.72 Cr)Home First Finance Company India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sept 20 | 3722.19 | 243.19 | 52.95 | - | - | - |
| 31 Mar 20 | 3479.61 | 41.965 | 79.24 | - | - | - |
| 31 Mar 19 | 2482.00 | 270.92 | 45.20 | - | - | - |
| 31 Mar 18 | 1364.94 | 134.23 | 15.99 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- True North Fund V LLP
- Aether (Mauritius) Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 52.85% | 33.70% |
About Company
Home First Finance Company is an affordable housing finance company. The company primarily caters to the low and middle income groups by offering them housing loans to construct and buy homes. It further offers other loans like loans against property, developer finance loans, and loans to buy commercial property.
The company has a diverse lead generation source channel including connectors, contractors, architects, affordable housing developers, and others. As on Sep 30, 2019, the business has a strong branch network of 65 branches across 60 districts in 11 different states and a union territory in India with key presence in market such as Maharashtra, Karnataka, Tamil Nadu, and Gujarat.
Home First Finance Company India Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 44,63,127 | 33,47,346 | 78,10,475 | 1,56,20,948 |
Day 1 -21-01-21 05:00 PM | 1.28 x | 0.13 | 1.29 x | 1.04 x |
Day 2 -22-01-21 05:00 PM | 1.35 x | 0.61 | 3.40 x | 2.21 x |
Day 3 -25-01-21 05:00 PM | 52.52 x | 39.00 | 6.59 x | 26.66 x |
Frequently Asked Questions about Home First Finance Company India Limited IPO IPO
When will Home First Finance Company India Limited IPO open for subscription?
The Home First Finance Company India Limited IPO opens on 21 Jan, 2021 and closes on 25 Jan, 2021.
What is the investors portion for Home First Finance Company India Limited IPO?
The investors' portion for QIB is 52.52 x, NII is 39.00, and Retail is 6.59 x.
How to apply for Home First Finance Company India Limited IPO?
You can apply for Home First Finance Company India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Home First Finance Company India Limited IPO?
The issue size of Home First Finance Company India Limited IPO is approx ₹2,22,72,586 Eq Shares of ₹2(aggregating up to ₹1,153.72 Cr)Fresh Issue: 51,15,830 Eq Shares of ₹2 (aggregating up to ₹265.00 Cr)Offer for Sale: 1,71,56,756 Eq Shares of ₹2 (aggregating up to ₹888.72 Cr) crores.
What is the price band of Home First Finance Company India Limited IPO?
The price band for Home First Finance Company India Limited IPO is ₹517 to ₹518 per equity share.
What is the lot size of Home First Finance Company India Limited IPO?
The minimum bid (lot size) for Home First Finance Company India Limited IPO is N/A shares with an investment of approx ₹14,504 .
What is the allotment date of Home First Finance Company India Limited IPO?
The allotment date for Home First Finance Company India Limited IPO is 1 Feb, 2021.
What is the listing date of Home First Finance Company India Limited IPO?
The listing date for Home First Finance Company India Limited IPO is expected to be 3 Feb, 2021.
What is the GMP of Home First Finance Company India Limited IPO?
The latest Grey Market Premium (GMP) for Home First Finance Company India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.