*Home First Finance's Big Move: Raising ₹1,250 Crore* By The Valuation School *Boosting Funds for Future Growth* Home First Finance is gearing up to raise ₹1,250 crore by selling shares to big institutional investors. This move is all about gathering funds to expand their loan offerings and strengthen their assets. The company's board has given the green light for this plan, aiming to meet their future business goals. They might go for a method called Qualified Institutional Placement (QIP) or explore other allowed ways to raise this money. *Impressive Financial Performance* In the December quarter, Home First Finance reported a net profit of ₹97.4 crore, which is a 24% jump from the ₹78.8 crore they made in the same period the previous year. Their total income also saw a significant rise, reaching ₹408 crore—a 36% increase from ₹301 crore earlier. *Growing Assets and Managing Risks* By the end of December 2024, the company's assets under management had grown by 33%, totaling ₹11,949 crore. They've kept their non-performing assets (loans that aren't being repaid) at a low 1.7%, showing they're managing risks well. *Looking Ahead* Home First Finance has set an ambitious goal to grow its assets under management to ₹20,000 crore by March 2027. To support this growth, they're also promoting Ajay Khetan, currently the Chief Business Officer, to Deputy Chief Executive Officer. He'll now handle strategic partnerships and marketing, in addition to his current duties. *Source:* https://tinyurl.com/yc7y3sep *Acha laga, react & share karo & follow our social media for more updates & financial content:* ✅ WhatsApp Channel: https://t.ly/BJTRY ✅ Youtube: https://t.ly/lJqST ✅ Newsletter: https://t.ly/L2vK2 ✅ Instagram: https://t.ly/SLIX4 ✅ LinkedIn (Parth Sir): https://t.ly/mN4yj ✅ LinkedIn (The Valuation School): https://t.ly/Hbeh0 *Note:* This post is just for educational purposes and not a buy/sell recommendation.