Check out Fusion Microfinance IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Fusion Microfinance IPO GMP gone down due to lower IPO subscription numbers. Stay tuned for the latest IPO GMP numbers of Fusion Microfinance IPO.
Fusion Microfinance IPO is to open on November 2, 2022. The company is to raise ₹1,104 crores via IPO which comprises a fresh issue of ₹600 crores and an offer for sale of up to 13,695,466 equity shares from promoters.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. The company reported revenue of ₹1201 crores in 2022 against revenues of ₹873 crores in 2021. The IPO price band is fixed at ₹350 to ₹368 Per Equity Share. The Fusion Microfinance IPO to list on NSE and BSE.
What is Fusion Microfinance IPO GMP Today?
The Fusion Microfinance IPO GMP aka Grey Market Premium is ₹5.
What is Fusion Microfinance IPO Kostak Rates Today?
The Fusion Microfinance IPO Kostak Rate is ₹300.
What is Fusion Microfinance IPO Subject to Sauda Price Today?
The Fusion Microfinance IPO subject to sauda rates is ₹600.
Fusion Microfinance IPO Expected Returns?
The Fusion Microfinance expected return is 2%.
Fusion Microfinance IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 15 November | ₹5 | ₹300 | ₹600 |
| 14 November | ₹5 | ₹300 | ₹600 |
| 12 November | ₹5 | ₹300 | ₹600 |
| 11 November | ₹5 | ₹300 | ₹600 |
| 10 November | ₹5 | ₹300 | ₹600 |
| 9 November | ₹5 | ₹300 | ₹600 |
| 8 November | ₹5 | ₹300 | ₹600 |
| 7 November | ₹10 | ₹300 | ₹600 |
| 6 November | ₹10 | ₹300 | ₹600 |
| 5 November | ₹10 | ₹300 | ₹600 |
| 4 November | ₹25 | ₹300 | ₹700 |
| 3 November | ₹40 | ₹- | ₹2000 |
| 2 November | ₹40 | ₹- | ₹2000 |
| 1 November | ₹35 | ₹- | ₹2000 |
| 31 October | ₹35 | ₹- | ₹2000 |
| 29 October | ₹35 | ₹- | ₹- |
| 27 October | ₹- | ₹- | ₹- |
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
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 40 | ₹14,720 |
| Retail Maximum | 13 | 520 | ₹191,360 |
| S-HNI Minimum | 14 | 560 | ₹206,080 |
| B-HNI Minimum | 68 | 2,720 | ₹1,000,960 |
Fusion Microfinance IPO Allotment & Listing 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 Microfinance IPO GMP aka Grey Market Premium FAQs:
What is Fusion Microfinance IPO GMP Today?
What is Fusion Microfinance IPO Kostak Rate Today?
What is Fusion Microfinance IPO Subject to Sauda Today?
What is Fusion Microfinance IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Fusion Microfinance IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
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