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Home First Finance Company IPO subscribed 33%, retail portion booked 56% on Day 1

Home First Finance Company IPO subscribed 79%, QIB portion fully booked on Day 1 Sunil Matkar © Rakesh Patil Home First Finance Company IPO subscribed 79%, QIB portion fully booked on Day 1 The public offer of Home First Finance Company India was subscribed 79 percent in afternoon on January 21, the first day of bidding. The affordable housing finance company s public issue received bids for 1.24 crore lakh equity shares against an offer size of more than 1.56 crore shares, data available on the exchanges showed. The issue size has been reduced to 1.56 crore shares (or Rs 880 crore) after fund-raising from the anchor book. The company raised Rs 346 crore from anchor investors on January 20.

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