Home First Finance debuts at 19% premium over issue price on Listing Day

 

 Mumbai, February 3, 2021: Home First Finance Company India Ltd, a technology driven affordable housing finance company catering to the lower and middle income group’s housing finance needs, particularly first home buyers, listed on the exchanges at a 19 % premium over its issue price. The shares of the company on trading closure settled slightly above its issue price at 527.40 per share on BSE and 522.50 per share on NSE.

The initial public offering, whose IPO closed on Monday, January 25, 2021, was offered at a lower price band of Rs 517 per share and higher price band of Rs 518 per share and found a great response from all investor categories to be subscribed over 27 times.  

As per BSE, the total quantity traded stood at  20.25 lacs shares with a delivery quantity percentage of 33.06%. Quantity traded and delivery quantity percentage at NSE was 2.29 crs shares and 41.16% respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs. 1564.76 crs.

The Market Capitalization of the Company post today’s closing price stood at Rs. 4608.78 crores as per BSE data.