Synopsis The housing finance company (HFC) had on Wednesday raised a little over Rs 346 crore from 25 anchor investors. ThinkStock Photos 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 was subscribed 1.04 times on the first day of the bidding process on Thursday. The issue received bids for 1,62,08,892 shares, which was 104 per cent of the issue size of 1,56,20,948 shares. The housing finance company (HFC) had on Wednesday 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 of shares worth Rs 265 crore. The price band for the issue is fixed at Rs 517-518 apiece. Investors can bid for a minimum of 28 equity shares and and in multiples thereafter.