Home First Finance block deal: Shares worth Rs 1,307 crore exchanged, as Warburg Pincus likely exits

Home First Finance Company India Ltd.

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26 Aug, 2025 12:21

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Home First Finance Company Ltd shares saw a large trade on August 11, 2025, as equity worth Rs 1,307 crore exchanged hands in the block deal window.

Around 1.09 crore shares, representing a 10.6 percent stake in the firm, worth Rs 1,307 crore were traded in the block deal window, at the price of Rs 1,190 per share.

According to sources, Orange Clove Investments BV, which is a Warburg Pincus entity, was likely to offload its entire holding in the firm in a clean-out trade. Further, ICICI Securities was the sole book runner on the proposed transaction, the deal term sheet said.

As per exchange data for the quarter ended June, Orange Clove Investments BV holds 10.64 percent in the firm.

Further, promoter holding in the firm was at 12.4 percent during the quarter. Over the past 12 quarters, promoters have been steadily paring their stake in the firm.

Foreign institutional investors held 37.2 percent, while DIIs owned 21.9 percent of the company's total outstanding equity. The public shareholding in the firm was 28.5 percent during the quarter ended June 30, 2025.

Home First Finance reported a 35.5 percent year-on-year rise in net profit to Rs 118.8 crore for the June quarter, compared with Rs 87.7 crore a year ago. Net interest income grew 32.8 percent to Rs 194 crore from Rs 146 crore in the same period last year. The firm's assets under management stood at Rs 13,479 crore, higher by 28.6 percent from the year-ago quarter.

Over the past year, shares of Home First Finance Company have risen around 18 percent. However, over the past month, shares have been on a sharp losing streak, sinking 13 percent.

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