Home First Finance is an affordable housing finance company that targets first-time homebuyers in low and middle-income groups. The company primarily offers housing loans for the purchase or construction of homes, which comprised 91.5% of its Gross Loan Assets, as of 30 September 2019. Its Gross Loan Assets have grown at a CAGR of 69.8% between FY2017 and FY2019 and increased from INR8,473.16 million as of 31 March 2017 to INR31,133.76 million as of 30 September 2019.
Promoters of Home First Finance
- True North Fund V LLP
- Aether (Mauritius) Limited
Home First Finance IPO details | |
Subscription Dates | 21- 25-Jan-2021 |
Price Band | 517-518 INR RS |
Fresh issue | INR400 crore |
Offer For Sale | INR1,100 crore |
Total IPO size | INR1,500 crore |
Minimum bid (lot size) | 28 Shares |
Face Value | INR2 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |