Private Equity

Liquidity Events

Bessemer exits Home First Finance Co by selling shares worth Rs.467-Cr; registers 6.72x return

Stock Exchange Data  

Bessemer has sold shares of publicly-listed Home First Finance Company India Ltd worth INR 467.30 crore. Post the latest sale, Bessemer has completely exited the firm with 6.72x return on its investment.

From the Venture Intelligence PE-VC Deal Database: Between Dec 2010 and Sep 2020, Home First raised funding from Bessemer, Tata Capital Growth Fund, TrueNorth and Warburg Pincus. It went public in Feb 2021 at INR 518 per share and Bessemer made a partial exit as part of the IPO.