Home First Finance IPO - A Technology-Driven Niche Player In HFC: Geojit Research
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Geojit Research Report
Home First Finance Company India Ltd. is a technology driven affordable housing finance company that targets first time home buyers in low and middle-income groups.
Incorporated in 2010, the company is backed by private equity funds Warburg Pincus, True North and Singapore’s sovereign wealth fund GIC.
As of September 30, 2020, they had a network of 70 branches covering over 60 districts in 11 states and a union territory in India, with significant presence in urbanized regions of Gujarat, Maharashtra, Karnataka and Tamil Nadu.
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