As the Indian middle class expands, the demand for affordable housing is likely to increase.
A technology-driven affordable housing finance company – Home First Finance Company India Ltd– is all geared up to launch its Initial Public Offer (IPO).
A quick overview of the IPO:
- The IPO opens on 21st January and ends on 25th January 2021.
- The price band for the IPO is Rs 517 – 518 per equity share, with a bid lot of 28 equity shares and multiples thereof.
- The company plans to raise up to Rs 11,537.19 million through a mix of fresh issue of Rs 2,650 million and an offer for sale of Rs 8,887.19 million.