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Open
21 Jan 2021
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Close
25 Jan 2021
3
Allotment
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Listing
Wed, Feb 3, 2021
Price Band
₹517 to ₹518
Issue Size
2,22,72,556 shares (agg. up to ₹1,154 Cr)
Lot Size
28 Shares
Listing Date
Wed, Feb 3, 2021
Latest GMP
₹120
Est. Gain
23.17%
✦ AI Insight
GMP Trend
02-02-2021₹120Est. ₹638+23.17%
30-01-2021₹65Est. ₹583+12.55%
29-01-2021₹65Est. ₹583+12.55%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 18.62x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 3,722.20 | 3,479.61 | 2,482.01 | 1,364.94 |
| Total Income | 243.19 | 419.66 | 270.92 | 134.24 |
| Profit After Tax | 52.95 | 79.25 | 45.20 | 16.00 |
| EBITDA | 185.55 | 308.35 | 196.32 | 92.70 |
| NET Worth | 988.19 | 933.64 | 523.14 | 325.22 |
| Reserves and Surplus | 972.51 | 917.98 | 510.47 | 314.89 |
| Total Borrowing | 2,636.58 | 2,493.81 | 1,925.64 | 1,019.88 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting its capital base to meet our future capital requirements, arising out of the growth of our business and assets | |
| 2 | Achieve the benefits of listing of the Equity Shares on the Stock Exchanges |
About Home First Finance IPO
Home First Finance Company is an affordable housing finance company. The company primarily caters to the low and middle income groups by offering them housing loans to construct and buy homes. It further offers other loans like loans against property, developer finance loans, and loans to buy commercial property. The company has a diverse lead generation source channel including connectors, contractors, architects, affordable housing developers, and others. As on Sep 30, 2020, the business has a strong branch network of 70 branches across 60 districts in 11 different states and a union territory in India with key presence in market such as Maharashtra, Karnataka, Tamil Nadu, and Gujarat. The firm currently focuses on leveraging technology benefits in the area such as processing loan applications, risk management, and managing customer experience. It offers quick and transparent loan transactions through its mobile app. As on Sep 30, 2020, it has serviced a total of 44,796 active loans. Company Strengths Technology-driven affordable housing company. Strong penetration in the largest housing finance market. Diversified lead source channel. Experienced and qualified managerial team. +
Contact Details
Home First Finance Co.India Ltd. Address511, Acme Plaza, Andheri Kurla RoadAndheri EastMumbai, Maharashtra, 40009991 22 6694 0386corporate@homefirstindia.comVisit Website