Home First Finance Company India Ltd - Prospectus Synopsis
Home First Finance Company India Ltd 
RHP
Registered Office : 511 Acme Plaza , Andheri Kurla Road Andheri (E) , Mumbai - 400059 , Maharashtra , India.
Phone : 91-22-66940386 Fax :
Email :corporate@homefirstindia.com Website : www.homefirstindia.com
Initial public offer of 22,272,556* equity shares of face value of Rs. 2 each (equity shares) of Home First Finance Company India Limited (company) for cash at a price of Rs. 518 per equity share (including a share premium of Rs. 516 per equity share) (offer price) aggregating to Rs. 1153.72 Crores comprising a fresh issuance of 5,115,830* equity shares aggregating to Rs. 265 Crores** by the company (fresh issue) and an offer for sale of 17,156,726* equity shares aggregating to Rs. 888.72 Crores comprising 8,409,548* equity shares aggregating to Rs. 435.62 Crores by True North Fund V LLP (tn v llp), 5,623,222* equity shares aggregating to Rs. 291.28 Crores by aether (mauritius) limited (aether and together with tn v llp, the promoter selling shareholders), 2,325,501* equity shares aggregating to Rs. 120.46 Crores by Bessemer India Capital Holdings II Ltd. (the investor selling shareholder), 548,938* equity shares aggregating to Rs. 28.44 Crores by P. S. Jayakumar and 249,517* equity shares aggregating to Rs. 12.93 Crores by Manoj Viswanathan (P. S. Jayakumar and Manoj Viswanathan, the individual selling shareholders, and together with the promoter selling shareholders and the investor selling shareholder, the selling shareholders, and such equity shares offered by the selling shareholders, the offered shares) (offer for sale and together with the fresh Issue, the offer). The offer shall constitute 25.49% of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. The offer price is 259 times the face value of the equity shares. * subject to finalisation of the basis of allotment. **The company has undertaken (i) a preferential allotment of 2,240,639 equity shares to Orange Clove Investments b.v. (orange clove) for cash at a price of Rs. 334.726 per equity share aggregating to approximately Rs. 75 Crores pursuant to the resolution of the board dated october 15, 2020; and (ii) A preferential allotment of 122,000 equity shares to certain of its employees for cash at a price of Rs. 334.726 per equity share aggregating to Rs. 4.08 Crores pursuant to the resolution of the board dated november 30, 2020 (together, the pre-ipo placement). The size of the fresh issue of up to Rs. 344.08 Crores was reduced by Approximately Rs. 79.08 Crores pursuant to the pre-ipo placement, and accordingly, the fresh issue size was Rs. 265 Crores.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 1/21/2021 12:00:00 AM | 1/25/2021 12:00:00 AM | Rs 518 - 0 | Rs 0 - 0 |
| Minimum Application for shares in Nos : 28 Further Multiples of : 28 | |||
| Rs Cr | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 265 | Axis Capital Ltd |
| Project Financed through Current Offer | 1153.72 | |
| Post Issue Equity Share Capital | 265 | |
| Issue Price | Rs. 518 |
| Projects |
|---|
| To Utilies the Net Proceeds towards Augmenting its Capital Base to Meet the future capital requirements |
| Promoted By | Listing At | Registrar to the Issue | ||
|---|---|---|---|---|
| - | KFin Techologies Ltd |
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Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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2024, IIFL Securities Ltd. All Rights Reserved
Follow us on
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.