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Fusion Microfinance IPO Date, Review, Price, Allotment, Analysis

Fusion Microfinance IPO

Table of Contents

Fusion Microfinance IPO Details: Fusion Microfinance IPO date is fixed, the IPO is to hit the market on November 2 and will close on November 4, 2022. Fusion Microfinance IPO to raise around ₹1,104 crores via IPO that comprises fresh issue of ₹600 crores and offer for sale up to 13,695,466 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

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.

They have over 2.89 million active customers, 966 branches, 73,890.23 million AUM, and over 8k employees working with the firm. They have a presence in 377 districts in 19 states in India. They offer Microfinance that includes Income Generation Loans, Top up Loans, Emergency Loans, and Cross-Sell loans. In MSME they offer Unsecured Business Loans, Secured Business Loans, and Machinery Loans.

Important Details

  • Good number of active customers which is around 2.89 million.
  • Good presence in India covering 377 districts in 19 states.
  • Revenues increased to 1201 crores in 2022 against 873 crores in 2021.
  • PAT looks stable in last few years and its on a positive note.

Fusion Microfinance IPO Review (Apply or Not)

  • Neutral

Brokerage Firm IPO Review

  • Nirmal Bang: Apply
  • Religare Broking: Neutral
  • Swastika Investment: Apply

Fusion Microfinance IPO Date & Price Band Details

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
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Fusion Microfinance IPO Market Lot

The Fusion Microfinance IPO minimum market lot is 40 shares with ₹14,720 application amount. The retail investors can apply up-to 13 lots with 520 shares or ₹191,360 amount.

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

Fusion Microfinance IPO Allotment & Listing Dates

The Fusion Microfinance IPO date is November 2 and the close date is November 4. The Fusion Microfinance IPO allotment will be finalized on November 10 and the IPO listing on November 15.

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

You can check IPO subscription status and IPO allotment status on their respective pages.

Fusion Microfinance IPO Form

How to apply for the Fusion Microfinance IPO? You can apply for Fusion Microfinance 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 Microfinance IPO in the Invest section. The other option is you can apply for Fusion Microfinance IPO via IPO forms downloaded via NSE and BSE. Check out the Fusion Microfinance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Fusion Microfinance Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2020₹730₹630₹69.61
2021₹873₹816₹43.94
2022₹1201₹1177₹21.76

Fusion Microfinance IPO Valuation – FY2022

Check Fusion Microfinance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹2.64 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):1.63%
Net Asset Value (NAV):₹161.67 per Equity Share

Peer Group

  • CreditAccess Grameen Limited
  • Spandana Sphoorty Financial Limited
  • Bandhan Bank Limited
  • Ujjivan Small Finance Bank Limited
  • Suryoday Small Finance Bank Limited

Company Promoters

  • Devesh Sachdev
  • Creation Investments Fusion LLC
  • Creation Investments Fusion II, LLC
  • Honey Rose Investment Ltd

Fusion Microfinance IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in

Fusion Microfinance IPO Allotment Status Check

Check Fusion Microfinance IPO allotment status on Linkintime website allotment URL. Click Here

Fusion Microfinance IPO Lead Managers

  • ICICI Securities Limited
  • CLSA India Private Limited
  • IIFL Securities Limited
  • JM Financial Limited

Company Address

Fusion Micro Finance Limited
Plot no. 86, Institutional Sector 32,
Gurugram, Haryana 122001
Phone: +91 11 46646600
Email: [email protected]
Website: www.fusionmicrofinance.com

Fusion Microfinance IPO FAQs

What is Fusion Microfinance IPO?

Fusion Microfinance IPO is a main-board IPO. They are going to raise ₹1,104 Crores via IPO. The issue is priced at ₹350 to ₹368 pr equity share. The IPO is to be listed on BSE & NSE.

When Fusion Microfinance IPO will open?

The IPO is to open on November 2, 2022 for QIB, NII, and Retail Investors.

What is Fusion Microfinance IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Fusion Microfinance IPO?

You can apply for Fusion Microfinance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Fusion Microfinance 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 Microfinance”. 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 Microfinance IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Fusion Microfinance”. 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 Microfinance IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Fusion Microfinance”. 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 Fusion Microfinance IPO Size?

Fusion Microfinance IPO size is ₹1,104 crores.

What is Fusion Microfinance IPO Price Band?

Fusion Microfinance IPO Price Band is ₹350 to ₹368.

What is Fusion Microfinance IPO Minimum and Maximum Lot Size?

The minimum bid is 40 Shares with ₹14,720 amount while the maximum bid is 520 shares with ₹191,360.

What is the Fusion Microfinance IPO Allotment Date?

Fusion Microfinance IPO allotment date is November 10, 2022.

What is the Fusion Microfinance IPO Listing Date?

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

Note: The Fusion Microfinance IPO price band and date are not officially announced yet. The IPO grey market premium (Fusion Microfinance IPO Premium) will be added to the IPO grey market page as it will start).

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