Home First Finance Company India Limited — QIP/Rights/Pref., 11-04-2025: 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 valued at ₹2 each. The issue, which closed on April 11, 2025, approved the allotment of 1,28,86,597 Equity Shares at an issue price of ₹970 each, reflecting a 4.83% discount to the floor price. This capital raise is anticipated to bolster the company’s funding capabilities. The allocation notes have been confirmed for eligible qualified institutional buyers, with details available in the placement document on the company's website.