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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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Warburg Pincus Raises Stake In IPO-bound Home First Finance Company To 30.62%


Warburg Pincus raises stake in IPO-bound Home First Finance Company to 30.62%
In October last year, the private equity investor had picked up 25 percent stake in the Mumbai-based private lender for Rs 700 crore from existing marquee PE firm shareholders.
January 14, 2021 / 03:54 PM IST
Global private equity firm Warburg Pincus has increased its stake in the IPO-bound Home First Finance Company (HFFC) by 5.03 percent
The leading affordable housing finance company, on January 14, announced that certain existing shareholders of the company have sold a part of their equity shareholding in the company to Orange Clove Investments B.V., an affiliate of the private equity funds managed by Warburg Pincus. ....

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