Home First IPO Subscription Status – LIVE
Home First IPO Subscription Status: End of Day Update
|Day||Day 1||Day 2||Day 3|
Home First IPO Subscription: Key IPO Details
|Issue Size||₹1,153.72 Cr|
|Issue Open||21/01/2020 10:00 AM|
|Issue Close||25/01/2020 05:00 PM|
|Face Value||₹2/- per Equity Share|
|IPO Price||₹517 – ₹518|
|Lot Size||28 shares|
|Lots||Min 1 – Max 13|
|Price to Earnings||Basic EPS||P/E|
|Home First Finance||10.77||48.90*|
|LIC Housing Finance||47.59||8.22|
|PNB Housing Finance||38.54||10.81|
|Aavas Financiers Ltd||31.85||61.41|
Home First IPO: Analyst Recommendations
LKP Securities – Subscribe
“At higher price band (₹518), the stock valued at 4.1 (x) 2QFY21 P/BVPS. Factoring the superlative return ratios, ROA/ROE of 11%/3%, we believe that Home First Finance Company is worth subscribing.”
Choice Broking – Subscribe with Caution
“HFFL strategized to operate niche, focusing on untapped class of first home buyers with monthly income below Rs50,000 per month. We expect HFFL to witness strong business & growth trend, though the demanding valuation seems fully priced these developments.”
Yes Securities – Subscribe
“The issue is priced at post-money P/BV of 3.4x compared to its nearest competitor Aavas Financiers which trades at 6.8x on September book value (BV)“
Home First IPO Subscription – FAQs
1. How to apply for Home First IPO in Retail Category?
A: An investor in the retail category may apply either through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for Home First IPO in HNI Category?
A: An investor can apply in HNI category only through the ASBA process via bank account
3. What is the investor quota across each investor category?
A: QIB (Institutional) – 50% | HNI – 15% | Retail – 35%
4. What is the listing date of Home First IPO?
A: The tentative listing date of Home First IPO is 29th January 2021