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.
- 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)
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|
|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.
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|
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|
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|
- CreditAccess Grameen Limited
- Spandana Sphoorty Financial Limited
- Bandhan Bank Limited
- Ujjivan Small Finance Bank Limited
- Suryoday Small Finance Bank Limited
- 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]
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
Fusion Micro Finance Limited
Plot no. 86, Institutional Sector 32,
Gurugram, Haryana 122001
Phone: +91 11 46646600
Email: [email protected]
Fusion Microfinance IPO FAQs
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When Fusion Microfinance IPO will open?
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What is Fusion Microfinance IPO Size?
What is Fusion Microfinance IPO Price Band?
What is Fusion Microfinance IPO Minimum and Maximum Lot Size?
What is the Fusion Microfinance IPO Allotment Date?
What is the Fusion Microfinance IPO Listing Date?
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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