IPO Synopsis

Home First Finance Company India Ltd

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 Opens On Closes On 21-Jan-21 25-Jan-21 Money Payable On Application Allotment 518.00 0.00 Minimum Application for shares in Nos : 28 Further Multiples of : 28 Cr Lead Managers to the Issue Project Cost (.Cr) 265.00 Axis Capital Ltd Project Financed through Current Offer (.Cr) 1153.72   Post Issue Equity Share Capital (.Cr) 17.48 Issue Price () 518.00

Projects

To Utilies the Net Proceeds towards Augmenting its Capital Base to Meet the future capital requirements

Promoted By

True North Fund V LLP

Aether (Mauritius) Ltd

Listing At

BSE

NSE

Registrar to the Issue

No Data Available