
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
+23.2%
Est. Listing
₹638
at current GMP
Subscribed
—
Open
21 Jan 2021
Close
25 Jan 2021
Allotment
1 Feb 2021
Refund
2 Feb 2021
Demat Credit
3 Feb 2021
Listing
3 Feb 2021
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 11,138,996 | — | 0.00x |
| Non-Institutional (NII / HNI) | 3,341,699 | — | 0.00x |
| Retail Individual (RII) | 7,797,297 | — | 0.00x |
| Total | 22,277,992 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 278,475 | 278,475 | 1.00x |
| HNIs (10L +) | 1,781 | 1,781 | 1.00x |
| HNIs (2-10L) | 8,525 | 8,525 | 1.00x |
| Total Applications | 288,781 | 288,781 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Home First Finance Company India Limited IPO is ₹120 per equity share. Based on the upper price band of ₹517 to ₹518 per equity share, the estimated listing price is ₹638 (+23.2% expected listing gain).
With a lot size of 28 shares and current GMP of ₹120, the expected profit per application lot is approx ₹3,360 (+23.2% gain). Minimum application cost is approx ₹14,504.
The Home First Finance Company India Limited IPO aggregate issue size is ₹1,154 Crores with an equity price band set at ₹517 to ₹518 per equity share. The retail lot size is 28 shares requiring a minimum capital outlay of approx. ₹14,504.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-02-01. Investors can verify status using PAN card or application number.
Home First Finance Company India Limited shares are scheduled to list on NSE and BSE on 2021-02-03.