Home First Finance Limited (Home First) which is tapping the capital markets with its fresh issue of Rs 265 crs and an offer for sale of 151.57 lac shares in a price band of Rs 517-518, completed allocation to anchor investors. The company allotted 66,81,766 equity shares to 23 anchor investors comprising of 51 entities. The issue opens on Thursday the 21st of January and closes on Monday the 25th of January.
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 anchor book is impressive as it comprises of an impressive selection of domestic and international funds.
The company provides loans for affordable housing to the lower- and middle-income groups.
The full list of anchor investors with their allotment is given below: –