31 Mar 2018
Assets1,364.94
Total Income134.24
EBITDA92.70
Profit After Tax16.00
NET Worth325.22
Reserves and Surplus314.89
Total Borrowing1,019.88
At a glance
Updated 2026-09-19The shares listed at ₹612.15, a 18.18% move from the issue price. HFFC Limited is a Mainboard IPO with an issue size of ₹1,153.72 crore, proposed for listing on BSE, NSE. The offer opens on 21st Jan 2021 and closes on 25th Jan 2021. The issue structure includes a fresh issue of ₹265.00 crore and an offer-for-sale component of ₹888.72 crore. The current listing schedule points to 3rd Feb 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,153.72 Cr
Fresh issue₹265.00 Cr
Offer for sale₹888.72 Cr
Face value₹2
Price band₹517.00–₹518.00
Allotment29th Jan 2021
Listing3rd Feb 2021
Listing performance
Full performance ↗Issue price₹518.00
Listing price₹612.15
Current price—
Listing gain18.18%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹120.00
GMP / upper price23.17%
Est. listing₹638.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Jan 2021
Closes25th Jan 2021
Allotment29th Jan 2021
Refund1st Feb 2021
Demat2nd Feb 2021
Listing3rd Feb 2021
Subscription demand
Full bidding ↗Total26.71×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 28 | ₹14,504 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting its capital base to meet future capital requirements | ₹255.24 Cr |
| Issue Expenses | ₹58.82 Cr |
| Total | ₹314.07 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue243.19₹ Cr · -42.1% vs prior year
EBITDA185.55₹ Cr · -39.8% vs prior year
PAT52.95₹ Cr · -33.2% vs prior year
Assets3,722.20₹ Cr · +7.0% vs prior year
Net Worth988.19₹ Cr · +5.8% vs prior year
Borrowing2,636.58₹ Cr · +5.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2019
Assets2,482.01
Total Income270.92
EBITDA196.32
Profit After Tax45.20
NET Worth523.14
Reserves and Surplus510.47
Total Borrowing1,925.64
31 Mar 2020
Assets3,479.61
Total Income419.66
EBITDA308.35
Profit After Tax79.25
NET Worth933.64
Reserves and Surplus917.98
Total Borrowing2,493.81
30 Sep 2020
Assets3,722.20
Total Income243.19
EBITDA185.55
Profit After Tax52.95
NET Worth988.19
Reserves and Surplus972.51
Total Borrowing2,636.58
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managersfees and commissions (including any underwriting commission, brokerageand selling commission) | 23.82 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 4.7 |
| 3 | Fees payable to Registrar to the Offer | 0.15 |
| 4 | Other advisors to the Offer | |
| 5 | Fees payable to the Auditors | 3.14 |
| 6 | Regulatory filing fees, book building software fees, listing fees, etc.) | 4.13 |
| 7 | Printing and stationery | 2.4 |
| 8 | Fee payable to legal counsels | 6.98 |
| 9 | Advertising and marketing | 11.28 |
| 10 | Miscellaneous | 2.22 |
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Home First Finance Company India IPO | — | 42.75 x | — | — |
| Asset Reconstruction IPO | — | 11.07 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Augmenting its capital base to meet future capital requirements | ₹255.24 Cr |
| Issue Expenses | ₹58.82 Cr |
| Total | ₹314.07 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-19.
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