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Home First Finance Company IPO To Open For Subscription On January 21, Price Band At Rs 517-518


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. ....

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