Fusion Micro Finance IPO GMP, Price, Date, Allotment

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

Fusion Microfinance IPO
DRHP Download
RHP Download

Fusion Microfinance IPO Reviews

Angel Broking – Update Soon
Choice Broking – Update Soon
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

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