How to apply for Home First Finance Company IPO

Jan 21, 2021

By: Navdeep Yadav

​​Home First Finance Company IPO

The ₹1,153 cr IPO of Warburg Pincus-backed Home First Finance Company kicked off today.

Credit: Unsplash

​Price band details

The company has set the price band of the issue in the range of ₹517-₹ 518 per share.

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​Subscription update

The issue has been subscribed 33 percent so far on its first day.

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​To apply…

Submit the online application and pay through any supported UPI application via brokerages.

Credit: UPI

​To create a UPI ID…

Download the BHIM app, or any other UPI enabled bank application, where you own an account.

Credit: BHIM

​Details required in an application form

Fill in the UPI ID and other details such as price limit, bid details, among others.

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​Submission to a brokerage or financial advisor

After filling the application, the subscriber can submit the same to its financial advisor or a brokerage.

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​Blocking of funds

The subscriber needs to enter the UPI PIN to approve the UPI application’s funds block mandate.

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​Shares allotment

The funds will be debited from the blocked sum in the subscriber’s bank account on the allotment date.

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​Refund of money

If there is no allotment, all the blocked funds will be unblocked.

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​Invest wisely

Visit bussinessinsider.in

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