What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 2 Feb 2021.

Home First Finance Company India Limited

ListedMainboard

Financial Services · NSE / BSE

Home First Finance Company is an affordable housing finance company catering primarily to low- and middle-income groups, offering housing loans for buying and constructing homes, along with loans against property, developer finance loans, and loans for commercial properties. The company generates leads through connectors, contractors, architects, and affordable housing developers, and as of September 30, 2020, operates 70 branches across 60 districts in 11 states and a union territory, with key markets in Maharashtra, Karnataka, Tamil Nadu, and Gujarat. Leveraging technology for loan processing, risk management, and customer experience, Home First Finance enables quick and transparent loan transactions through its mobile app, servicing 44,796 active loans as of September 2020.

Price Band

₹517 – ₹518

Issue Size

₹1154 Cr

Lot Size

28 shares

GMP

₹120

+23.2%

Est. Listing

₹638

at current GMP

Subscribed

—

Open

21 Jan 2021

25 Jan 2021

Allotment

1 Feb 2021

Refund

2 Feb 2021

Demat Credit

3 Feb 2021

Listing

3 Feb 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Home First Finance Company India Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

1 Feb 2021

Basis finalization

Refunds Initiate

2 Feb 2021

Mandate release

Demat Credit

3 Feb 2021

Shares in demat

Listing Debut

3 Feb 2021

Trading begins

How to Check Home First Finance Company India Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Home First Finance Company India Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Home First Finance Company India Limited Public Issue & Market Profile

Home First Finance Company India Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹1,154 Crores. The shares are offered at a price band of ₹517 to ₹518 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 28 shares (approx. ₹14,504 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-02-03, while un-allotted funds or UPI block mandates will be released on 2021-02-02.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.