PROJECT

Projects

Summary of Investment Information

Project Number

51251

Company Name

HOME FIRST FINANCE COMPANY LIMITED

Date SPI Disclosed

Apr 16, 2025

Country

India

Region

South Asia

Projected Board Date

Apr 3, 2025

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Apr 18, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Apr 3, 2025
Signed : Mar 28, 2025
Invested : Apr 9, 2025

Sector

Primary Mortgage Institutions

Project Description

The proposed investment comprises a primary equity investment of up to INR3.48 billion (approximately US$40 million equivalent) in Home First Finance Company India Limited (Home First or the Company), a housing finance company focused on the affordable housing finance segment. This primary equity will strengthen the Company’s capital base and support balance sheet growth.

Associated Advisory Engagement

                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation