Home First Finance share price and review: The issue price was Rs 518 and the share price was subscribed 27 times. Zee Business Managing Editor Anil Singhvi had earlier advised investments in this public issue for listing gains. He had said that Home First Finance listing would happen at a premium of around 30-35 per cent. 

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Home First Finance IPO raised around Rs 1153 cr. The Managing Editor said that he was of the view that any IPO is worth a look if it promises a listing gain of at least 15-20 per cent. Singhvi had said that he expected a Home First Finance listing to be strong.

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Home First Finance stock trading Strategy by Anil Singhvi 

Singhvi puts Home First Finance stop loss at Rs 575. He said that the traders/investors should keep a stop loss at a level which is Rs 30 shy of the listing price which is almost 5 per cent.  

Giving example he said that if Home First Finance stock gets listed at Rs 600, then the stop loss should be Rs 570. This should be the strategy for trading in this stock, he added. 

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He said that the investors could even hold Home First Finance stock as there are no problems with regards to the business, quality and management. He said that there is no rush to exit Home First Finance stock. Valuations are comfortable and long term investors can hold on to Home First Finance stock. 

Home First Finance stock was listed at Rs 618. At 10:30, it was trading at Rs 605 down by almost 2 per cent from the listing price.