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Home First Finance IPO opens today: 10 things to know before you subscribe


Home First Finance IPO fully subscribed on Day 1: 10 things to know
Home First Finance IPO concludes on January 25
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The IPO of mortgage financier Home First Finance opened today and the issue was 1.03 times subscribed on Day 1. The company has fixed a price band of ₹517-518 a share for its initial share-sale. The issue concludes on January 25. Ahead of the IPO, the mortgage financier on Wednesday raised ₹346 crore from anchor investors at ₹518 per share, the upper end of the price band. The anchor investors include Nomura, Fidelity International, Morgan Stanley India Investment Fund and Goldman Sachs. ....

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Home First Finance Company IPO: Here Are 10 Things You Should Know Before The Issue


Home First Finance Company IPO: Here are 10 things you should know before the issue
Home First is a technology-driven affordable housing finance company that targets first-time home buyers in low and middle-income groups.
January 20, 2021 / 05:05 PM IST
Home First Finance Company, a technology-driven affordable housing finance company, is set to open its maiden public offer for subscription on January 21. This would be the third IPO in January 2021, after Indian Railway Finance Corporation, which closes today and Indigo Paints which is at present open for subscription.
The three-day public issue will close on January 25. The book running lead managers to the issue are Axis Capital, Credit Suisse Securities (India), ICICI Securities and Kotak Mahindra Capital Company. ....

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