Shares of Home First Finance Company India today listed with a premium of more than 19% against its issue price of Rs 518 apiece.
The stock got listed at Rs 612.15, a gain of 18.17% from the issue price on the BSE. Later, it jumped 23.45% to Rs 639.50. On the NSE, it got listed at Rs 618.80, reflecting a jump of 19.45%. The company's market valuation was at Rs 5,243.64 crore on the BSE.
The initial public offer of Home First Finance Company India was subscribed 26.66 times last month. The price range for the Rs 1,153.71-crore offer of the housing finance company was at Rs 517-518 per share.
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