Home First Finance Company India. The IPO of Home First Finance India, which provides home loan through the app, has been allocated on 29 January. The company’s IPO closed on 25 January. The price band of the IPO of Home First Finance Company India is Rs 517-518. The lot size of its shares was 28 shares. If you too had invested in its IPO, then allotment status can be checked like this.
How to check allotment status
– First of all visit the website of the Registrar ASBA for this IPO.
After this, select the IPO of Home First Finance Company India.
– If entering application number, select ASBA or NON-ASBA in the application type and enter the application number.
– If entering DPID or Client ID, select NSDL or CDSL in the depository and enter DPID or Client ID.
– At the same time, if selecting PAN, enter the PAN number and enter it. The share allocation status will appear.
Check on BSE website like this
First go to www.bseindia.com. Then select Equity in issue type. After this, select Home First Finance Company India in the name of the issue. After this, fill the application number and after entering the PAN, click on the Search button. The share will appear on the Share Allotment Status screen.
Where will the funds be used?
In the IPO of Home First Finance Company, the promoter of the company True North Fund V LLP has issued shares worth Rs 435.61 crore. At the same time, Aether (Mauritius) has issued shares worth Rs 291.28 crore and Bessemer India Capital Holdings II has issued shares worth Rs 120.46. Apart from this, promoters of the company PS Jayakumar have issued shares worth Rs 28.43 crore and Manoj Vishwanathan for Rs 12.92 crore. The company will use the funds raised through this IPO to expand its capitel base to meet future capital requirements, which will result from the growth of the company’s business and assets.