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Home First Finance Company IPO to open for subscription on January 21, price band at Rs 517-518 In March last year, Home First Finance Company had received the approval from Sebi to launch its initial public offering. January 19, 2021 / 06:24 PM IST Mumbai-based affordable housing finance company Home First Finance Company (HFFC) has decided to open its maiden public offer for subscription on January 21 with a price band at Rs 517-518 per share. The Rs 1,153.72-crore public issue comprises a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders. The offer for sale consists of Rs 435.61 crore worth of shares by promoter True North Fund V LLP, Rs 291.28 crore shares by promoter Aether (Mauritius), and Rs 120.46 crore by investor Bessemer India Capital Holdings II, Rs 28.43 crore by PS Jayakumar, and Rs 12.92 crore by Manoj Viswanathan, as per the information available in newspapers. ....
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. ....