Home First Finance Company India IPO GMP History
Home First Finance Company India IPO has been listed on February 3, 2021 at a listing price of ₹618.8, against the issue price of ₹518 — a gain of ₹100.8 (+19.46%). The GMP peaked at ₹150 on 23 January 2021 and reached a low of ₹70 on 1 February 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Home First Finance Company India IPO raised ₹1153.72 Cr. through its IPO at a price band of ₹517 to ₹518 per share, with a lot size of 28 shares. The IPO was open for subscription from 21 Jan 2021 to 25 Jan 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:17 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 02 Feb 2021 | ₹ 120 | ▲ | 23% | — | — |
| 01 Feb 2021 | ₹ 70 | — | 14% | — | — |
| 30 Jan 2021 | ₹ 70 | ▼ | 14% | — | — |
| 29 Jan 2021 | ₹ 80 | ▼ | 15% | — | — |
| 28 Jan 2021 | ₹ 100 | ▼ | 19% | — | — |
| 27 Jan 2021 | ₹ 120 | ▼ | 23% | — | — |
| 25 Jan 2021 | ₹ 140 | ▼ | 27% | — | — |
| 23 Jan 2021 | ₹ 150 | ▲ | 29% | — | — |
| 22 Jan 2021 | ₹ 130 | ▲ | 25% | — | — |
| 21 Jan 2021 | ₹ 120 | ▲ | 23% | — | — |
| 20 Jan 2021 | ₹ 90 | — | 17% | — | — |
| 19 Jan 2021 | ₹ 90 | ▲ | 17% | — | — |
| 18 Jan 2021 | ₹ 80 | — | 15% | — | — |
Home First Finance Company India IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 21 Jan 2021
- Close 25 Jan 2021
- Allotment 29 Jan 2021
- Refund/credit 01 Feb 2021
- Listing 03 Feb 2021
Home First Finance Company India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹518 |
|---|---|
| GMP-based estimate (pre-listing) | ₹638 (+23.2%) |
| Listing gain / loss | +₹100.8 per share |
| Listing date | 03 Feb, 2021 |
| Actual listing price | ₹618.8 (+19.46%) |
Is Home First Finance Company India IPO GMP reliable?
Grey market premium for Home First Finance Company India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Home First Finance Company India IPO full review for a fundamentals-based assessment before making any grey market trades.
Home First Finance Company India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Home First Finance Company India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Home First Finance Company India IPO
Home First Finance Company India Limited is a technology driven affordable housing finance company. It targets first-time home buyers in low and middle income groups. Housing loans for buying or building homes made up 92.1% of gross loan assets on 30 September 2020.
The company also offers loans against property, developer finance and loans to buy commercial property. It gets leads through connectors, contractors, architects and affordable housing developers, and uses its own technology and mobile app to process loans.
On 30 September 2020 it had 70 branches across 60 districts in 11 states and a union territory, with a key presence in Maharashtra, Karnataka, Tamil Nadu and Gujarat. It serviced 44,796 active loans on that date.
The IPO was Rs 1,153.72 crore, with Rs 265.00 crore of fresh issue and Rs 888.72 crore of offer for sale. The fresh money was meant to strengthen the capital base for future lending. The promoters are True North Fund V LLP and Aether (Mauritius) Limited.
Frequently asked
What is the GMP of Home First Finance Company India IPO?
The current Grey Market Premium (GMP) of Home First Finance Company India IPO is ₹ 120.
What is the Kostak Price of Home First Finance Company India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Home First Finance Company India IPO is not available.
What is the Subject to Sauda Price of Home First Finance Company India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Home First Finance Company India IPO?
Home First Finance Company India IPO listed on February 3, 2021 at ₹618.8, against the issue price of ₹518 — a gain of +19.46%.
How did the GMP of Home First Finance Company India IPO trend before listing?
The GMP of Home First Finance Company India IPO was rising in its final days before listing. The GMP peaked at ₹150 on 23 January 2021. View the day-wise table above for the complete GMP history.
Explore Home First Finance Company India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
