Home First IPO Live Subscription Status and Analyst Reviews

Live subscription status across each investor category and analyst recommendations
home first ipo subscription

Home First IPO Subscription Status – LIVE

Investor CategoryQuotaSubscription
Institutional (QIB)50%52.523x
Non-Institutional (HNI)15%38.999x
Retail (RII)35%6.589x
Total Subscription100%26.656x

Home First IPO Subscription Status: End of Day Update

DayDay 1Day 2Day 3
QIB1.280x1.351x52.523x
HNI0.127x0.609x38.999x
Retail1.294x3.399x6.589x
Total1.039x2.212x26.656x

Home First IPO Subscription: Key IPO Details

TypeValue
Issue Size₹1,153.72 Cr
Issue Open21/01/2020 10:00 AM
Issue Close25/01/2020 05:00 PM
Face Value₹2/- per Equity Share
IPO Price₹517 – ₹518
Lot Size28 shares
LotsMin 1 – Max 13
Price to EarningsBasic EPSP/E
Home First Finance10.7748.90*
LIC Housing Finance47.598.22
PNB Housing Finance38.5410.81
Aavas Financiers Ltd31.8561.41
Sector P/E21.62
All values are as of Mar 2020, *Based on basic EPS at higher price band

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)

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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

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