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Home First Finance Company India LimitedUpdates, 16-04-2025: Press Release

16-04-2025 · 03:37 pm

Home First Finance Company India Limited has successfully raised ₹1,250 Crores through a Qualified Institutions Placement (QIP) by issuing 1.3 Crores equity shares to Qualified Institutional Buyers. This marks the company's first equity capital raise since its IPO in 2021 and has attracted significant interest from marquee foreign and domestic institutional investors, underscoring strong confidence in HomeFirst’s business model and growth trajectory.

MD & CEO Mr. Manoj Viswanathan highlighted that this capital infusion will enhance the company’s capital base, supporting its expansion efforts and deepening customer engagement in the affordable housing finance sector. With a well-established presence in emerging urban regions and a diversified lead generation network, HomeFirst aims to leverage this funding to maintain sustainable growth and deliver value to stakeholders. Investors should view this positive development as a reinforcement of the company’s potential to capture opportunities within the growing affordable housing market.

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