Home First Finance Company India Ltd. IPO Message Board (Page 29)

do not worry. Its online, u may get information at ur netbanking.
For bond, if u visit the branch they may give you sgined print out (may not require I think)

Sometime it may take 15 days so be patience.

Also if want to buy in future less rates are available in previous issues

Thank you so much for your response.
@Kapil,
Can I buy from the NSE ?
Is it same Eligibility like interest and tax free after some (I think 7 ) years?

They have time untill march validity .
All are well then they come before expiry of validity

Bid placed at and above 3572 will be alloted. Below that zero allotment

Cut off price was 2900 in sharekhan and how about subscription figures?

Cut off Price doesn''t matter when it is oversubscribed. I placed my bid at 3572.65 at 3:26PM and won''t be alloted as picture changed completely at 3:28 PM

what to say ???????

yesterday stock trading between 2820 - 3070 ----- close@2969.55
todays low@3102.00
today till 2.50pm stock trading around 3130

and u are ready to buy & placing bid above 3550

Owelseye , clearing price is exactly 3572.65 at which you have bidded. You have calculated the price after closing @ 3.30 pm, and updated your bid.

@Nand Kishore

Yes. But earlier I bidded at 3571 and latter changed to 3572.65 @ 3:28 PM but that bid didn''t went through as my mobile was hanged and switched off

Owls Eye,

How come you calculate 3572/- for OFS, I mean just trying to understand the logic / calculation behind it. Kindly enlighten

Chivitra ji,
OFS are allotted on price priority basis. Bids placed through brokers were placed on both NSE and BSE OFS plateform. Since the total retail portion shares were only 9000 plus. So the highest bidder of the retail portion will get the OFS shares. On this basis, those who bidded above 3572 at BSE and NSE get the allotment.

Remember OFS shares are treated as shares purchased from market and you have to pay STT, brokerage, Exchange transaction changes, GST, stamp duty etc on your purchase.

Thank you Ganesh ji...
Consider a scenario, if someone placed a bid of 3800/- (any random fig may be above UC limit for OFS day), so he will be the first one to get shares ?
And 2nd part of your message, If it is treated similar to shares purchased in secondary mkt, what is advantage of OFS. Please advise. Just trying to understand the logic

@Chivitra

Wendt (multiprice) clearing price - 3572.65

max ofs are multiprice i.e. price priority method in which
Orders executed as per decending bid price, who apply higher bid will get allotment with bid price.
in above case who applied @3800 will get the allotment @3800 not @3572.65
who bid@3575 wll get @3575

clearing price will be decided as per highest bids upto total ofs size.
ex. 9471 shares available for retail as more than 10000 bids are above 3572.65, so clearing price is 3572.65 those who has higher bid than 3572.65 will get confirm allotment (@bid price), and those who bids @3572.65 will be from lottery basis as bids more than ofs size @3572.65

Chivitra ji, who ever applied above Rs 3572 have got shares. Even yesterday some bids are also there for 3700.

The tax and charges are same for OFS as like secondary market purchase. It is not like IPO. For tax purposes, OFS is just like secondary market purchase.

correction :

remaining bids @clearing price will be allotted by proportional basis.

Rajakumar sir your post is most valuable for all of us.

Sir, is HFFC and Indigo coming at same time?

RAJAKUMAR Sir, thank you very much for your update. Please keep posting your suggestions on all the forthcoming IPOs. We eagerly await your guidance.

@Rajkumar Sir
As per media news it''s 1200 Cr IPO
https://www.cnbctv18.com/market/stocks/home-first-finance-to-soon-launch-rs-1200-crore-ipo-report-7912121.htm

Half year FY21 result shows huge growth in revenues and net profit despite lock down.