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Home First IPO fully subscribed on Day 1

Home First IPO fully subscribed on Day 1 Premium The portion reserved for retail investors was subscribed 1.29 times, while non-institutional investors picked up 10% of the shares reserved for them (Mint) Share Via Read Full Story 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. TRENDING STORIESSee All Premium 5 min read Premium 1 min read Premium 3 min read Premium 2 min read

Home First Finance Company IPO Opens Today: Should You Subscribe?

Home First Finance Company IPO Opens Today: Should You Subscribe?
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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 2 min read Share Via Read Full Story 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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