Home First Finance IPO: 3rd IPO of 2021 Opens January 21, 2021.

 Home First Finance Company India (HFCC) Initial public offer (IPO) is set to open for subscription on January 21 with a price band of Rs 517-518 at face value of Rs 2 each. The issue will close on January 25, 2021. The bids can be made for a minimum of 28 equity shares an in multiples of 28 shares thereafter. The Rs 1,153.72-crore issue comprises a fresh issue of Rs 265 crore and offer-for-sale (OFS) of Rs 888.72 crore by promoters and existing shareholders. Home First Finance Company India shares were seen trading with a premium of Rs 100 at Rs 618 over the IPO price in the grey market today.

This will be the third IPO of 2021, as the Indian Railway Finance Corporation (IRFC) issue is presently open for subscription. And Indigo Paints initial public offer will open on January 20, 2021.