Home First Finance Company (HFFC) has raised Rs 346.11 crore from anchor investors which will open for public subscription today. At Rs 518 per share, a total of 66,81,766 shares has been allotted to 25 anchor investors. Nomura was the largest investor among them, purchasing 9.5% of the anchor investor portion for Rs 33 crore, while Fidelity International took 7.2% of the shares for Rs 25 crore. HFFC is upheld by the Government of Singapore, Warburg Pincus, and Bessemer Venture Partners.
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VARSHA SHARMA, Founder
Mortgage financier Home First Finance raised over Rs 346 Cr
By The Thrive
January 21
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