Home First Finance Company is expected to settle the IPO shares allotment today, on January 29, according to the schedule accessible in the prospectus.
The organization shut its public issue on January 25 with a membership of 26.66 times. The reserved part of the qualified institutional purchasers was bought 52.53 times, retail financial investors 6.59 times, and of non-institutional buyers multiple times.
After the conclusion premise of allocation, the unblocking of assets from the ASBA account will happen on February 1. The offers designated will get credited to demat records of qualified financial investors on February 2. Trading will commence on February 3.
Investors can check the offer distribution on the Website of Registrar, and the BSE website.
Home First raised ₹1,154 crores through its public issue including fresh issue of shares and offer for sale of ₹265 crores and ₹888.72 crores respectively.
