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Amidst Market Fall, Home First IPO sees stellar response; subscribed 27x on Final Day Posted On: 2021-01-25 09:35:51 (Time Zone: Arizona, USA) Home First Finance Company India Ltd, a technology driven affordable housing finance company catering to the lower and middle income group s housing finance needs, received bids of 41,42,65,488 shares against the offered 1,55,90,790 shares, as per the 5:00 pm data available on the bourses. The portion reserved for retail investors was subscribed 6.60 times. Qualified Institutional Buyer and Non-Institutional Investor category was subscribed 52.63 and 39.08 times respectively on Day 3 of the issue opening. Brokerage houses such as Motilal Oswal, Angel Broking, Nirmal Bang, Ventura Securities, Choice,Canara Bank Securities and Insec were positive towards the IPO. The reports highlighted key strengths of the companies like focused digital adoption, ability to successfully identify new regions and grow business, driven growth by substant

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