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Value Lens: Home First Finance to amplify returns for True North, Bessemer

By Ankit Agarwal

  • 21 Jan 2021
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Value Lens: Home First Finance to amplify returns for True North, Bessemer
Credit: Thinkstock

In the initial public offering (IPO) that opened today, Home First Finance has been valued at almost 50 times its profits which allows investors True North and Bessemer Ventures to exit a part of their shares at above-benchmark returns.  Warburg Pincus, that came on board the affordable housing finance firm in ......

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