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Bloomberg Quint

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Image Credit: Bloomberg Quint

Home First Finance Sets QIP Floor Price To Raise Up To Rs 1,250 Crore

  • Home First Finance Company India Ltd. plans to raise up to Rs 1,250 crore through a qualified institutional placement (QIP).
  • The floor price for the share sale is set at Rs 1,019.25 per share, representing a premium of 3.2% over the previous close.
  • There is a possibility of offering a discount of up to 5% on the floor price.
  • The book-running managers for the share sale are Kotak Mahindra Capital Co., SBI Capital Markets Ltd., and Motilal Oswal Investment Advisors Ltd.

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