Home First Finance Limited which had tapped the capital markets with its fresh issue of Rs 265 crs and an offer for sale of 171.56 lac shares was oversubscribed 26.71 times. The issue was in a price band of Rs 517-518 and was open from Thursday the 21st of January to Monday the 25th of January.

Earlier the company had allotted 66,81,766 equity shares to 23 anchor investors comprising of 51 entities. The highest allocation of 6,37,056 equity shares was made to 2 entities of Nomura. This was 9.54% of the anchor allocation. This was followed by an identical allocation of 5,40,540 shares or 8.09% to ICICI Prudential, Birla MF and Nippon India. This was followed by 4,82,608 shares or 7.22% to Fidelity.

The QIB portion was subscribed 52.63 times, HNI portion was subscribed 39.08 times while Retail portion was subscribed 6.60 times. There were 15.12 lac applications and on the basis of lots, the Retail portion was subscribed 5.43 times. Average lot size subscribed was 1.2 lots.