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Home First Finance Company India Ltd.
Issue Open Date 21-Jan-21  
Issue Closing Date 25-Jan-21  
Application Money 100  
Allotment Money  
Price Band () 517 - 518  
Minimum Bid Quantity. 28  
Issue Size (Shares) 22272556  
Market Lot 1  
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.

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 other loans comprising loans against property, developer finance loans and loans for purchase of commercial property. The company has develo...

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
Address :511
Acme Plaza
Andheri Kurla Road
Andheri East
City :Mumbai, State :Maharashtra Pincode :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
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
Credit Suisse Securities (India) Pvt Ltd.
ICICI Securities Ltd
Kotak Mahindra Capital Co Ltd
Promoters
Aether (Mauritius) Ltd.
True North Fund V LLP

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REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201

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