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Home First Finance Company India Ltd logo

Home First Finance Company India Ltd

NSE: HOMEFIRST BSE: 543259

₹1233.30

(0.64%)

Thu, 24 Sept 2026, 01:47 pm

Company History

2010

  • Incorporation of the Company
  • Obtained certificate of registration from NHB with Jaithirth Rao and P. S. Jayakumar as the promoters of the Company

2011

  • Investment by Bessemer in the Company

2012

  • Change of the registered office to Mumbai
  • Expanded operations in Gujarat and Tamil Nadu

2013

  • Approved 1,000 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 Company

2014

  • CARE Credit Rating for long term bank facilities improved to BBB+
  • Company became profitable with Gross Loan Assets of Rs. 1,629.1 million

2015

  • Company had customer base of 5,000 with Gross Loan Assets of Rs. 3,368.3 million

2016

  • CARE Credit Rating for long term bank facilities improved to A
  • Customer base crossed over 10,000 spread across over 25 cities and Gross Loan Assets of the Company touched Rs. 5,477.4 million
  • Further investment by Bessemer in the Company and Alpha TC Holdings Pte Limited

2017

  • Exit of Alpha TC Holdings Pte Limited
  • Gross Loan Assets became Rs. 8,473.2 million
  • ICRA Credit Rating for long term bank facilities improved to A+ and CARE Credit Rating for long term bank facilities improved to A-
  • Investment by TN V LLP and Aether in the Company

2018

  • Declassification of Jaithirth Rao as the promoter of the Company
  • Net worth of the Company crossed Rs. 5,000 million and Gross Loan Assets became Rs. 13,559.3 million
  • The Company was converted to a public limited company and the name of the Company was changed to Home First Finance Company India Limited

2019

  • Approved over 55,000 housing loans
  • Customer base crossed over 30,000 with Gross Loan Assets touching Rs. 24,435.7 million
  • Declassification of P. S. Jayakumar as the promoter of the Company

2020

  • 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
  • Investment by Orange Clove in the Company