Home First IPO fully subscribed on Day 1
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The portion reserved for retail investors was subscribed 1.29 times, while non-institutional investors picked up 10% of the shares reserved for them
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Mumbai: ₹1154 crore initial public offer (IPO) of Home First Finance Company India was subscribed 1.03 times on Thursday, the first day of bidding.
The affordable housing finance company's public issue received bids for 1.62 crore lakh equity shares against an offer size of more than 1.56 crore shares, data available on the exchanges showed.
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