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Home First Finance garners Rs 346 cr from anchor investors ahead of IPO


Home First Finance garners Rs 346 cr from anchor investors ahead of IPO
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Last Updated: Jan 20, 2021, 10:49 PM IST
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A total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band.
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Mortgage financier Home First Finance Company (HFFC) on Wednesday raised a little over Rs 346 crore from anchor investors, ahead of its initial share-sale, which will open for public subscription on Thursday.
A total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band. At this price, the company raised Rs 346.11 crore, according to a BSE circular. ....

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