Fusion Micro Finance IPO Subscription Status Today {Final Data}

Fusion Microfinance IPO

Table of Contents

Fusion Micro Finance IPO subscription status started on Wednesday, November 2, 2022 and will close on November 4, 2022. Fusion Micro Finance IPO to raise around ₹1,104 crores via IPO. The retail quota is 35%, QIB is 50%, and HNI is 15%. The price band is fixed at ₹350 to ₹368 per equity share. The IPO to list on BSE and NSE.

Fusion Microfinance Limited provides financial services to women living in rural and semi-urban areas in India. They provide their services to women entrepreneurs belonging to the economically and socially deprived section of society. The organization was set up in 2010 & it is a registered NBFC –MFI which operates in a Joint Liability Group lending model of Grameen.

IPO Subscription Update:

  • Day 1: Fusion Microfinance IPO Subscribed 0.12 times overall in that QIB 0.00 times, NII 0.23 times and Retail 0.14 times.
  • Day 2: Fusion Microfinance IPO Subscribed 0.29 times overall in that QIB 0.00 times, NII 0.61 times and Retail 0.31 times.
  • Day 3: Fusion Microfinance IPO Subscribed 2.95 times overall in that QIB 8.59 times, NII 1.38 times and Retail 0.51 times.

IPOWatch View

We recommend investors may apply an IPO with Neutral View. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the Fusion Micro Finance IPO allotment status here.

Fusion Micro Finance IPO Subscription Status – Final Data

CategoryDay 1Day 2Day 3
QIB0.000.008.59
NII0.230.611.38
RII0.140.310.51
Total0.120.292.95

Fusion Micro Finance IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Fusion Micro Finance IPO Review

  • Neutral

Fusion Micro Finance IPO Date & Price Band

IPO Open:November 2, 2022
IPO Close:November 4, 2022
IPO Size:Approx ₹1,104 Crores
Fresh Issue:Approx ₹600 Crores
Offer for Sale:Approx 13,695,466 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹350 to ₹368 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A

Fusion Micro Finance IPO Market Lot

ApplicationLot SizeSharesAmount
Retail Minimum140₹14,720
Retail Maximum13520₹191,360
S-HNI Minimum14560₹206,080
B-HNI Minimum682,720₹1,000,960

Fusion Micro Finance IPO Subscription Dates

Price Band Announcement:October 28, 2022
Anchor Investors Allotment:November 1, 2022
IPO Open Date:November 2, 2022
IPO Close Date:November 4, 2022
Basis of Allotment:November 10, 2022
Refunds:November 11, 2022
Credit to Demat Account:November 14, 2022
Fusion Microfinance IPO Listing Date:November 15, 2022

Fusion Micro Finance IPO Form

How to apply for the Fusion Micro Finance IPO? You can apply for Fusion Micro Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Fusion Micro Finance IPO in the Invest section. The other option is you can apply for Fusion Micro Finance IPO via IPO forms downloaded via BSE and NSE. Check out the Fusion Micro Finance forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Fusion Micro Finance IPO Subscription Status FAQs:


When Fusion Micro Finance IPO Subscription will start?

The IPO subscription starts on November 2, 2022 for QIB, NII, and Retail Investors.

How to subscribe Fusion Micro Finance IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Fusion Micro Finance IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Fusion Micro Finance IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Fusion Micro Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Fusion Micro Finance IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Fusion Micro Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Fusion Micro Finance IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Fusion Micro Finance” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Fusion Micro Finance IPO Allotment Date?

Fusion Micro Finance IPO allotment date is November 10, 2022.

What is the Fusion Micro Finance IPO Listing Date?

Fusion Micro Finance IPO listing date is November 15, 2022. The IPO is to list on BSE and NSE.

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