The Fusion Microfinance IPO has begun on 02-Nov-2022. It will close on 04-Nov-2022. The Total IPO Size is 1,103.99 Crore. The company set its IPO price is 350-368 Rs Per Share. Basically, there are three basic categories in Fusion Microfinance IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs).
Fusion Microfinance is established in 2010.
Fusion Micro finance is a Non-Banking Financial Company – Micro Finance ( NBFC-MFI ) Company that provides financial services to unserved and underserved women in rural and peri-rural areas across India.
They achieved 2.90 million active borrowers and have 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and union territories in India.
Industry Peers
1) Credit Access Grameen
2) Suryoday Small Finance Bank Limited
3) Equitas Small Finance Bank Limited
4) Ujjivan Small Finance Bank Limited
5) Bandhan Bank Limited
6) Spandana Sphoorty Financial Limited
Fusion Microfinance IPO Promotors
1) Devesh Sachdev
2) Creation Investments Fusion LLC
3) Creation Investments Fusion II LLC
4) Honey Rose Investment Ltd
Fusion Microfinance IPO Date, Details & Price Band
| IPO Opening Dates | 02-Nov-2022 |
| IPO Closing Dates | 04-Nov-2022 |
| Price Band | 350-368 Rs |
| Offer For Sale | 479.34 – 503.99 Crore |
| Fresh issue | 600 Crore |
| Total IPO size | 1,103.99 Crore |
| Minimum bid (lot size) | 40 Shares |
| Face Value | 10 INR Per Share |
| Retail Allocation | 35% |
| HNI Allocation | 15% |
| QIB Allocation | 50% |
| Listing On | NSE, BSE |
Fusion Microfinance IPO Market Lot
The Fusion Microfinance IPO minimum market lot is 40 shares With 14,720 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 40 | 14,720 Rs |
| Retail Maximum | 13 | 520 | 1,91,360 Rs |
| S-HNI Minimum | 14 | 560 | 2,06,080 Rs |
| B-HNI Maximum | 68 | 2,720 | 10,00,960 Rs |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | Earnings per equity share (Basic) | |
| 31-Mar-22 | 7290.48 | 1201.35 | 21.76 | 2.64 |
| 31-Mar-21 | 5837.93 | 873.09 | 43.94 | 5.49 |
| 31-Mar-20 | 4239.99 | 730.31 | 69.61 | 10.32 |
Fusion Microfinance IPO GMP & Grey Market Premium
Fusion Microfinance IPO GMP Grey market premium has been started today. Check Latest Fusion Microfinance IPO GMP, Kostak Rates and Subject to Sauda Price here.
Fusion Microfinance IPO Prospectus
| DRHP | Download |
| RHP | Download |
Fusion Microfinance IPO Reviews
Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon
Fusion Microfinance IPO Form Download
Fusion Microfinance IPO form available on NSE, BSE Website as well as on our Portal. Please click here to Download Fusion Microfinance IPO forms.
Fusion Microfinance IPO Allotment Date & Details
| Allotment Date | 10-November-2022 |
| Initiation of refunds | 11-November-2022 |
| Transfer of shares to Demat accounts | 14-November-2022 |
| Listing Date | 15-November-2022 |
Registrar of Fusion Microfinance IPO
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, L.B.S. Marg,
Vikhroli West, Mumbai 400 083
Maharashtra, India
Tel: + 22 4918 6200
E-mail: Email: [email protected]
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
Fusion Microfinance Contact Details
Fusion Micro Finance Limited
H-1, C Block,
Community Centre, Naraina Vihar,
New Delhi, 110028
Phone: +91- 011-46646600
Email: [email protected]
Website: https://fusionmicrofinance.com/
Fusion Microfinance IPO Lead Managers
ICICI Securities Limited
CLSA India Private Limited
IIFL Securities Limited
JM Financial Limited
FAQ Question
- When is Fusion Microfinance IPO Listing Date?
Fusion Microfinance IPO listing date is 15-Nov-2022.
- When Fusion Microfinance IPO allotment?
Fusion Microfinance IPO Allotment date is 10-Nov-2022.
- What is Fusion Microfinance IPO GMP ( Grey market premium) ?
Check latest IPO GMP
- What is the lot size of Fusion Microfinance IPO?
40 Shares Minimum.
- How to apply in Fusion Microfinance IPO through Zerodha?
1) Log in to Console on the Zerodha website.
2) Navigate to Portfolio and choose the IPOs link.
3) Click the ‘Bid’ button in the ‘Fusion Microfinance IPO’ row.
4) Fill in your UPI ID, Quantity, and Price.
5) Fill out the IPO application form and click the “ Submit ” button.
6) To approve the mandate, go to the UPI App (net banking or BHIM).
- How to check Fusion Microfinance IPO Allotment?
User can check Fusion Microfinance IPO Allotment on linkintime.co.in website.
- How to check Fusion Microfinance IPO Subscription Status?
User can check Fusion Microfinance IPO Subscription Status on our website.
- What is the Price band of Fusion Microfinance IPO?
350-368 Rs.
- What is the Issue Size of Fusion Microfinance IPO?
1,103.99 Crore