Home First Finance Company Limited IPO of Equity Shares to open on Thursday, January 21, 2021
Posted On: 2021-01-19 22:24:59 (Time Zone: Arizona, USA)
Home First Finance Company India Limited (the Company ), will open the Bid/Offer period in relation to its initial public offering of Equity Shares (the Offer / IPO ) on Thursday, January 21, 2021 and close on Monday, January 25, 2021. The price band for the Offer has been decided at Rs. 517 - Rs. 518 per Equity Share. The Company and the Promoter Selling Shareholders may, in consultation with the book running lead managers (the BRLMs ), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date, i.e. Wednesday, January 20, 2021.
Mortgage financier Home First Finance Company (HFFC) has fixed a price band of Rs 517-518 per share for its initial public offering (IPO) which will open for subscription on January 21 and close on January 25.
The offer aggregating up to Rs 1,153.71 crore comprises a fresh issue of up to Rs 265 crore and an offer-for-sale of up to Rs 888.71 crore by promoters and existing shareholders.
The offer-for-sale consists of shares worth Rs 435.61 crore by True North Fund V LLP, Rs 291.28 worth crore shares by promoter Aether (Mauritius) Ltd, Rs 120.46 crore by investor Bessemer India Capital Holdings II Ltd and up to Rs 41.3 crore by two individual shareholders P.S. Jayakumar and Manoj Viswanathan.
Home First Finance IPO opens on January 21: Key details about the public issue
Home First Finance IPO opens on January 21: Key details about the public issue
The HFF IPO will be open from subscription from tomorrow and close on January 25, 2021. This will be the third IPO of the calendar year after IRFC and Indigo Paints.
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UPDATED: January 20, 2021 18:20 IST
Home First Finance is primarily engaged in the business of providing housing loans to customers for construction of property. (Photo: Pixabay/Representational image)
Home First Finance (HFF) Company’s maiden initial public offering (IPO) is all set to open for subscription on January 21. This will be the third IPO of the calendar year after IRFC and Indigo Paints.
Home First Finance garners Rs 346 cr from anchor investors ahead of IPO
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Last Updated: Jan 20, 2021, 10:49 PM IST
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A total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band.
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Mortgage financier Home First Finance Company (HFFC) on Wednesday raised a little over Rs 346 crore from anchor investors, ahead of its initial share-sale, which will open for public subscription on Thursday.
A total of 66,81,766 shares have been allotted to 25 anchor investors at Rs 518 per share, the upper end of the price band. At this price, the company raised Rs 346.11 crore, according to a BSE circular.
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.