Home First Finance Company India Limited — QIP/Rights/Pref., 08-04-2025: Qualified Institutional Placement

Home First Finance Company India Limited has announced a board meeting regarding a Qualified Institutional Placement (QIP) of fully paid-up equity shares, aiming to raise up to ₹1,250 crores. The floor price for the shares is set at ₹1,019.25 each, based on the SEBI pricing formula. The issue will open immediately, and the company intends to consult with its book-running lead manager to finalize the issue price, which may include a discount of up to 5% on the floor price.