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Issue Open Date
|
21-Jan-21
|
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Issue Closing Date
|
25-Jan-21
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
517
-
518
|
|
Minimium Application No.
|
28
|
|
Issue Size (Shares)
|
22272556
|
|
Market Lot
|
1.00
|
|
|
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Objective
|
|
The Offer comprises the Fresh Issue by our Company and an Offer for Sale by the Selling Shareholders.The Offer for SaleEach of the Selling Shareholders will be entitled to the proceeds of the Offer for Sale, net of their proportion of Offer-related expenses and the relevant taxes thereon. Our Company shall not receive any proceeds from the Offer for Sale. Except for listing fees which shall be solely borne by our Company, all Offer related expenses will be shared, as mutually agreed in the Offer Agreement, the Syndicate Agreement and in accordance with applicable law.The Fresh IssueOur Company proposes to utilise the Net Proceeds (as set out below) towards augmenting its capital base to meet our future capital requirements, arising out of the growth of our business and assets.In addition, our Company expects to receive the benefits of listing of the Equity Shares on the Stock Exchanges, including enhancement of our Company’s brand name and creation of a public market for our Equity Shares in India.The objects clause of our Memorandum of Association enables us to undertake the activities for which the funds are being raised by us in the Fresh Issue.
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|
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Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
3347346
|
130551904
|
39.00
|
Qualified Institutional Buyers
|
4463127
|
234426920
|
52.53
|
Retail Individual Investors
|
7810475
|
51458120
|
6.59
|
|
|
|
Business Description
|
|
Home First Finance is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups. It primarily offers customers housing loans for the purchase or construction of homes. The company also offers oth |
more... |
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Promoter's Holding
|
|
Total Share Capital
|
43480894
|
|
Offered to Public
|
22272556
|
|
Promoter's Holding (Pre-Issue)
|
52.85
|
|
Promoter's Holding (Post-Issue)
|
33.7
|
|
|
|
|
|
|
|
Address |
511 Acme Plaza Andheri Kurla Road Andheri East
Mumbai
,
Maharashtra
,
400059
Phone:
022-66940386
Email:
corporate@homefirstindia.com
Website:
www.homefirstindia.com
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
|
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Listed at |
BSE, NSE
|
|
Lead Manager |
Axis Capital Ltd. Credit Suisse Securities (India) Pvt Ltd. ICICI Securities Ltd Kotak Mahindra Capital Co Ltd
|
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Promoters |
Aether (Mauritius) Ltd. True North Fund V LLP
|
|