Home First Finance IPO allotment: Here's how to check share allotment status

Home First Finance IPO allotment: Here's how to check share allotment status
BCCL
  • The basis of allotment for ₹1,153 crore initial public offering (IPO) of Warburg Pincus-backed, Home First Finance Company will be announced today (January 29).
  • The mortgage financier's IPO was subscribed 27 times the offer value until the last day of bidding.
  • Here's how to check HFFC IPO allotment status on the registrar website and stock-exchanges.
The basis of allotment for ₹1,153 crore initial public offering (IPO) of Warburg Pincus-backed, Home First Finance Company (HFFC) will be announced today (January 29). The mortgage financier's IPO clocked in a massive response from investors until the last day of subscription — the issue was subscribed 27 times the offer value.

This was the third initial public offer this year. According to data from the stock-exchanges, the issue received bids for 41.64 crore equity shares against the offered size of 1.56 crore equity shares.
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Home First Finance Company IPOQualified Institutional BuyerNon-institutional InvestorRetail Individual InvestorTotal
No. of times issue subscribed 52.53x39.00x6.59x26.66x

The listing is scheduled for February 3rd, and equity shares will be listed on both the exchanges — BSE and NSE.
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The public issue garnered a decent response in the grey market — the shares were commanding a premium of ₹60-70 over the set price band of ₹517-₹518 per share. While the grey market is not an official measure of the market premium, it is a fair indicator of demand for the shares in the market.

Here’s how to check the Home First Finance IPO allotment status:

If you have bid for the Home First Finance IPO, you can check your allotment status by following these simple steps:

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To check on the stock-exchange website:
  • To check the Home First Finance IPO allotment status, go to the BSE website or NSE website.
  • On BSE, Select ‘Equity’ and then from the dropdown, select ‘Home First Finance.’
  • Now, enter your application number and PAN.
  • Hit ‘Search’.
Please note the details will only be available once the shares are allotted.

You can also visit the Registrar website (KFintech Private Limited) to check your application status.
  • Since Link Intime India is the registrar for Home First Finance IPO, you can visit its website here.
  • Click on ‘Company selection’ and click on ‘Home First Finance IPO.’ It will only appear post allotment on January 29.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit.’
Your application status will appear on the screen once you click ‘submit.’ Please make sure the details provided are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.

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