Housing Finance Company, Home First Finance made a strong debut today on the stock exchange with costs ascending about 23% to ₹639 each. The IPO issue was priced at ₹518.
The IPO of Home First Finance Company India, last month, was subscribed 26.57 times. The price range for the offer has been fixed at ₹517-518 per share. The IPO got fully subscribed on day 1, January 21. It received 41,42,65,488 bids for the total number of shares on offer being 1,56,20,948.
IPO of ₹1,153.71 crores, including a new issue of up to ₹265 crores and a proposal available to be purchased of up to ₹888.7 crores.