Home First Finance Company India Share price

The Company was incorporated as ‘Home First Finance Company India Private Limited’ at Bengaluru Karnataka as a private limited company under the Companies Act 1956 pursuant to the certificate of incorporation dated February 3 2010 issued by the Registrar of Companies Karnataka at Bengaluru. Subsequently the Company was converted to a public limited company and consequently the name of the Company was changed to ‘Home First Finance Company India Limited’ and a fresh certificate of incorporation dated March 14 2018 was issued by the RoC.Major events and milestones in relation to the Company :2010- Incorporation of the Company- Obtained certificate of registration from NHB with Jaithirth Rao and P. S. Jayakumar as the promoters of the Company2011- Investment by Bessemer in the Company2012- Change of the registered office to Mumbai- Expanded operations in Gujarat and Tamil Nadu2013- Approved 1000 loans and Gross Loan Assets of the Company became Rs. 689.5 million- CARE Credit Rating for long term bank facilities was BBB-- Investment by Alpha TC Holdings Pte Limited in the Company2014- Company became profitable with Gross Loan Assets of Rs. 1629.1 million- CARE Credit Rating for long term bank facilities improved to BBB+2015- Company had customer base of 5000 with Gross Loan Assets of Rs. 3368.3 million2016- Customer base crossed over 10000 spread across over 25 cities and Gross Loan Assets of the Company touched Rs. 5477.4 million- Further investment by Bessemer in the Company and Alpha TC Holdings Pte Limited- CARE Credit Rating for long term bank facilities improved to A2017- Investment by TN V LLP and Aether in the Company- ICRA Credit Rating for long term bank facilities improved to A+ and CARE Credit Rating for long term bank facilities improved to A- - Gross Loan Assets became Rs. 8473.2 million- Exit of Alpha TC Holdings Pte Limited2018- Net worth of the Company crossed Rs. 5000 million and Gross Loan Assets became Rs. 13559.3 million- Declassification of Jaithirth Rao as the promoter of the Company2019- Customer base crossed over 30000 with Gross Loan Assets touching Rs. 24435.7 million- Approved over 55000 housing loans- Declassification of P. S. Jayakumar as the promoter of the Company2020- Investment by Orange Clove in the Company- The Company was certified as a “Great Place to Work” by Great Place to Work Institute India for a period from November 2020 to October 2021