Home First Finance IPO Opens Today

Home First Finance's initial public offering (IPO) opens for subscription today i.e. January 21. The public issue will close on January 25. This will be the third IPO in 2021 after the public offers by Indian Railway Finance Corporation (IRFC) and Indigo Paints. The shares of Home First Finance are likely to be listed on the BSE Sensex and NSE Nifty on February 3.

Meanwhile, Indigo Paints IPO opened on the previous day i.e. January 21 and was subscribed by 1.90 times on the very first day of bidding.

Home First Finance's Rs 1,153.71-crore IPO comprises a fresh issue of Rs 265 crore and an offer for sale of Rs 888.72 crore by promoters and existing shareholders.