Shares of Home First Finance Company India ended at Rs 527.4, with a gain on less than 2 per cent over its issue price of Rs 518 during their stock market debut on Wednesday. The stock, however, gained as much as 23 per cent in intra-day trade. It touched a high of Rs 640 and a low of Rs 522 on the NSE, where Rs 1,445 crore worth of shares changed hands. Home First’s Rs 1,150-crore IPO last month had garnered 27 times subscription. The company, backed by private equity major Warburg Pincus, is mortgage lender focused on low and middle-income groups. At its last close, the Home First was valued at Rs 4,609 crore. Through the IPO, the company raised fresh equity capital of Rs 265 crore.