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HFFC IPO - Home First Finance Company India IPO

Rs 1,153 crores Home First Finance IPO will hit the market on January 21, 2021. Interested investors can subscribe for the offer until January 25, 2021. The Home First Finance IPO comprises fresh issues worth Rs 265 crores and offer for sale scrips upto Rs 888.71 crores. The issuer suggested using the proceeds from the offer to enhance its equity capital base and meet future capital requirements.

Home First Finance Company India IPO


Home First Finance Company India

IPO Date : 21st January 2021 - 25th January 2021
Price Band
₹517 to ₹518 per equity share

Issue Size
Rs.1,153.72 Crore

Face Value
₹2 per equity share

Market Lot

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Home First Finance Company India INFORMATION

Home First Finance forwards mortgage-financing primarily to the low and middle-income population. It offers loans for home buying and construction and also loan against property, developer loans, and finances to buy commercial properties.

The Mumbai-based affordable housing finance company has a strong presence in 60 districts across 11 states like Maharashtra, Karnataka, Gujarat, and Tamil Nadu, with Gujarat contributing maximum 39 percent to gross loan asset of the company. As on September, the company’s total AUM stands at Rs 3,730 crores, gross NPA at 0.74 percent, and net worth at Rs 988 crores. The company registered 44.1 percent year-on-year growth in profit during the first six months of FY21 with Rs 52.95 crores.

Competitive strength

  • Growing penetration in the largest housing finance market
  • Strong presence in rural and urban areas amid the low and middle-income group
  • Diversified lead generation channels
  • Experienced management
  • It’s a technology-driven company, offering transparent loan servicing

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How to apply for Home First Finance Company India IPO :

- If you are already a client of Angel One, apply directly for Home First Finance Company India IPO, click here.

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Home First Finance Company India IPO FAQs

What is an IPO?

Company launches its shares to general investors for the first time through initial public offering or IPO. It is a process followed by companies to get listing benefits of the stock exchanges and raise capital funds from the market.

What is the Home First Finance IPO?

Mortgage-financing company Home First Finance will launch Rs 1,153 crores IPO comprising fresh shares and offer for sale equities worth Rs 265 crores and Rs 888.71 crores. It is a book building IPO; shares will launch in the price band of Rs 517-518.

How to apply for HFFC IPO through Angel One?

If you are a client of Angel One, apply from your user portal through our website or mobile app. Select HFFC IPO from the list of existing IPO offers and complete the bidding process by making the payment through UPI. Don’t have a Demat? Get your first Demat with Angel One. Apply online.

When will Home First Finance IPO open?

The five days subscription window will remain open from January 21 to 25, 2021.

What is the minimum lot size of Home First Finance IPO?

Investors must apply for a minimum of one lot comprising 28 shares. They can increase their bidding size up to 13 lots or 364 shares worth Rs 188,552.

How to apply for Home First Finance IPO?

All retail investors need to make payment for the IPO using UPI. You can apply through a stockbroker like Angel One or your bank, using the net banking facility. As per SEBI directive, all application should be backed by ASBA or Application Supported By Blocked Amount, a self-authorisation process that allows the bank to block the amount for the extent of the application amount. Once allotted, the shares will get credited to your Demat account directly. Open Angel One Demat account in easy steps online. Apply online.

When will Home First Finance IPO get allocated?

Tentative date of finalisation of the basis of allotment is January 29, 2021.

When is the Home First Finance IPO listing date?

Tentative listing date is February 3, 2021. The maiden offer will open in both BSE and NSE.

How to pay for Home First Finance IPO using UPI?

Retail-individual investors need to pay for the offer using UPI. Link your bank account to UPI payment handles like BHIM or Google Pay, following simple online process. While paying, you will receive a mandate in your UPI handle, accept and make payment to complete the bidding process.

How will I receive the Home First Finance IPOs?

You will receive the shares directly in your Demat account. Get a quick Demat account. Apply online.

How to apply for Home First Finance Company India IPO

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