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Fusion Microfinance IPO GMP, Grey Market Premium & Kostak Rates Today

Fusion Microfinance IPO

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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.

DateGMPKostakSubject 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

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

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?

Fusion Microfinance IPO GMP is ₹5 as of today.

What is Fusion Microfinance IPO Kostak Rate Today?

Fusion Microfinance IPO Kostak Rate is ₹300 as of today.

What is Fusion Microfinance IPO Subject to Sauda Today?

Fusion Microfinance IPO Subject to Sauda is ₹600 as of today.

What is Fusion Microfinance IPO Expected Returns?

Fusion Microfinance IPO Expected Returns is 2%.

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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