Home First Finance IPO GMP – IPO Grey Market Premium Today

The Home First Finance date has been confirmed from January 21 and ended on January 25. Read the post to learn about Home First Finance IPO GMP.

The black market is alive and well. The GMP is now in effect following the Budget, and we shall see how it impacts the listing of HFFC. The company plans to raise 1200 crore through an IPO. Check out the current Home First Finance IPO grey market premium, Kostak rates, and subject to sauda rates.

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Key Details Of Home First Finance IPO:

Home First Finance IPO GMP

The Home First Finance IPO GMP Today is ₹[120].

Home First Finance IPO Overview

Home First Finance IPO is a book built issue of Rs 1,153.72 crores. The issue is a combination of fresh issue of Rs 265.00 crores and offer for sale of Rs 888.72 crores.

Home First Finance IPO bidding started from January 21, 2021 and ended on January 25, 2021. The allotment for Home First Finance IPO was finalized on Friday, January 29, 2021. The shares got listed on BSE, NSE on February 3, 2021.

Home First Finance IPO price band is set at ₹517 to ₹518 per share. The minimum lot size for an application is 28 Shares. The minimum amount of investment required by retail investors is ₹14,504.

Home First Finance IPO GMP Live Rates Day By Day With Kotak Rates

Date	GMP	Kostak	Subject to
03 FEB 2021	170	350	2000
02 FEB 2021	120	350	2000
01 FEB 2021	95	350	2000
31 JAN 2021	70	350	2000
30 JAN 2021	80	400	2000
29 JAN 2021	110	350	2000
28 JAN 2021	90	350	2000
27 JAN 2021	90	350	2000
26 JAN 2021	140	350	2000
25 JAN 2021	100	350	2000
24 JAN 2021	140	400	2500
23 JAN 2021	170	600	4000
22 JAN 2021	172	600	4000
21 JAN 2021	162	600	3000
20 JAN 2021	160	550	2500
19 JAN 2021	100	450	2500
18 JAN 2021	105	550	2500
17 JAN 2021	100	₹N/A	₹N/A
16 JAN 2021	120	₹N/A	₹N/A
15 JAN 2021	75	₹N/A	₹N/A
14 JAN 2021	70	₹N/A	₹N/A

Home First Finance IPO Date & Price Band Details

IPO Date	January 21, 2021 to January 25, 2021
Listing Date	February 3, 2021
Face Value	₹2 per share
Price Band	₹517 to ₹518 per share
Lot Size	28 Shares
Total Issue Size	[.] shares (aggregating up to ₹1,153.72 Cr)
Fresh Issue	[.] shares (aggregating up to ₹265.00 Cr)
Offer for Sale	[.] shares of ₹2 (aggregating up to ₹888.72 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE

Home First Finance IPO Market Lot

Investors can bid for a minimum of 28 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	28	₹14,504
Retail (Max)	13	364	₹188,552

Home First Finance IPO Allotment & Listing Dates

Home First Finance IPO opens on January 21, 2021, and closes on January 25, 2021.

IPO Open Date	Thursday, January 21, 2021
IPO Close Date	Monday, January 25, 2021
Basis of Allotment	Friday, January 29, 2021
Initiation of Refunds	Monday, February 1, 2021
Credit of Shares to Demat	Tuesday, February 2, 2021
Listing Date	Wednesday, February 3, 2021
Cut-off time for UPI mandate confirmation	5 PM on January 25, 2021

Home First Finance Company Financial Report

Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	37,221.96	34,796.11	24,820.05	13,649.42
Total Revenue	2,431.93	4,196.57	2,709.21	1,342.37
Profit After Tax	529.53	792.49	452.04	159.96

Home First Finance IPO Reservation

Home First Finance IPO offers 15,620,948 shares. 4,463,127 (28.57%) to QIB, 3,347,346 (21.43%) to NII, 7,810,475 (50.00%) to RII. 278,945 RIIs will receive minimum 28 shares and (sNII) and (bNII) will receive minimum 392 shares. (in case of oversubscription)

Investor Category	Shares Offered	Maximum Allottees
Anchor Investor Shares Offered	–	NA
QIB Shares Offered	4,463,127 (28.57%)	NA
NII (HNI) Shares Offered	3,347,346 (21.43%)
Retail Shares Offered	7,810,475 (50.00%)	278,945
Total Shares Offered	15,620,948 (100%)

Company Profile​

The firm currently leverages technology benefits such as processing loan applications, managing customer experience, and managing risk. It offers quick and transparent loan transactions through its mobile app. As of September 30, 2020, it has serviced 44,796 active loans.

IPO Strengths

• Experienced promoters and a competent management team.
• Well-established relationships with a loyal customer base.
• Access to markets worldwide, enabling global reach.

IPO Weakness

• Heavy reliance on customers based in the United States.
• Need to adhere to multiple laws and regulations in these countries to ensure compliance.
• Competition from other players in the market.

Home First Finance FAQs