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Home First Finance IPO Details

Issue Open Jan 21, 2021
Issue Close Jan 25, 2021
IPO Price ₹518
Face Value ₹2
IPO Size ₹1,153.72 Cr
Listing At BSE, NSE
IPO Lot Size 28
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Home First Finance IPO Subscription Status Live

Home First Finance IPO subscribed 26.66 times. The public issue subscribed 6.59 times in the retail category, 52.53 times in QIB, and 39.00 times in the NII category by Jan 25, 2021.

Investor CategorySubscription (times)
Qualified Institutions52.53
Non-Institutional Buyers39.00
Retail Investors6.59
Employees[.]
Others[.]
Total26.66

Home First Finance IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Jan 21, 2021
1.280.131.291.04
Day 2
Jan 22, 2021
1.360.613.402.22
Day 3
Jan 25, 2021
52.5339.006.5926.66

Home First Finance IPO Shares Offered

Home First Finance IPO is a public issue of 15,620,948 equity shares. The issue offers 7,810,475 shares to retail investors, 4,463,127 shares to qualified institutional buyers, and 3,347,346 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB4,463,127231.1928.57%
NII3,347,346173.3921.43%
Retail7,810,475404.5850.00%
Total15,620,948809.17100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs. On 1st May 2022, SEBI introduced a new sub-category as Small NII for applications between Rs 2 lakhs to Rs 10 lakhs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

Disclaimer: The subscription data is taken from the NSE and BSE websites. They are subject to change on a real-time basis. The subscription data provided are for information purposes only and provided by Chittorgarh.com on an 'AS IS' and 'AS AVAILABLE' basis and without warranty, express or implied. Our website does not guarantee or warrant the accuracy, adequacy, or completeness of the information received through the said websites. Chittorgarh.com holds no responsibility of any kind as regards any discrepancies, errors, omissions, losses, or damages. Chittorgarh.com including its affiliates and any of its directors, and employees, shall not be liable for any loss, or damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of data received. The recipient alone shall be fully responsible / are liable for any decision taken based on such information/data. All recipients should before acting upon the said information make their investigation, and seek appropriate professional advice.

Home First Finance IPO Subscription FAQs

The Home First Finance IPO is subscribed 26.66 by Jan 25, 2021.

Home First Finance IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional52.53
Non Institutional39.00
Retail Individual6.59
Employee Reservations[.]
Others[.]
Total Subscription26.66

Retail category of Home First Finance IPO subscribed 6.59 times as of date Jan 25, 2021. The public issue closes on Jan 25, 2021 for bidding.

An investor can apply in Home First Finance IPO online via bank (using ASBA) or the broker (using UPI). The Home First Finance IPO shares are offered online only.

The Home First Finance IPO is subscribed 26.66 by Jan 25, 2021.

The Home First Finance IPO allotment status is expected on or around Jan 29, 2021. Visit Home First Finance IPO allotment status to check.

The Home First Finance IPO listing date is Wednesday, February 3, 2021. The equity share of Home First Finance Company India Ltd. will list on BSE, NSE.

Visit Home First Finance IPO subscription status page for real-time bidding information about Home First Finance IPO.

Home First Finance IPO Timetable

IPO Opens OnJan 21, 2021
IPO Closes OnJan 25, 2021
Finalisation of Basis of AllotmentJan 29, 2021
Initiation of RefundsFeb 1, 2021
Credit of Shares to Demat AccountFeb 2, 2021
IPO Listing DateFeb 3, 2021

6 Comments

I got allotment
5. RAHUL THASAL  
Where i can see HFFC allotment status
4. arunARUN  
Yes i agree a High risk IPO
3. CHD  
.....a high risk IPO .....
2. Simply Ankit  
Some points grab my attention while reading RHP for HFFC
1)New to credit loan accounts (1st time loan taken by customer)as on 30/9/19 ->44.1% & 30/2020 ->40.4% So risk of NPA in future is a bit high.

2)CAR as per RBI guidelines for housing finance company is 14% & HFFC's is having 51.8% still the company has written in objective to strengthen company capital base to meet future capital requirements & please note collection effeciency for this comp.is 96%.(means at nearly 4 times above min.reqt & good collection effeciency u still need to strengthen)

3) Industry P/E 20.4 ; HDFC P/E 27 ; LICHF P/E 8
HFFC's asking P/E 48-49 way higher then top peers & industry

4)HFFC sold stake to orange club investment on 15/10/2020 & 13/1/2021 @ Rs334/ share & within 10 days HFFC is asking a price from us @ Rs518..

My view is that they are coming with an IPO just to "BEHTI GANGA MEI HAATH DHONA"

SO I'll AVOID it...

Experts please suggest....👆👆


2.1. CHD  
......you have hit the nail on the head ......!
1. Adv Sarin  
Dear Members on this forum, I think may be very few of you have ever bothered to read the "RED HERRING PROSPECTUS" In every IPO its clearly mentioned:
"QUOTE
In case of joint Bids, ensure that First Bidder is the ASBA Account holder (or the UPI-linked bank account
holder, as the case may be) and the signature of the First Bidder is included in the Bid cum Application Form;
UNQUOTE"
If we feel our application is accepted that's not correct because once shares are allotted they check the details and in case of any discrepancy just cancel the allotment.
So follow the legal terms without trying to hoodwink the system.