Synopsis
On the block is an offer for sale (OFS) of shares worth Rs 888.72 crore and a fresh issue worth Rs 265 crore.
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Analysts said Home First Finance has reported a strong set of numbers over the last couple of years.
NEW DELHI: The Rs 1,153.71-crore Home First Finance IPO kicked off on Thursday, a day after the housing finance company (HFC) raised a little over Rs 346 crore from 25 anchor investors.
On the block is an offer for sale (OFS) of shares worth Rs 888.72 crore and a fresh issue worth Rs 265 crore. The price band for the issue is fixed at Rs 517-518. Investors can bid for a minimum of 28 equity shares and and in multiples thereafter.