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Fusion Micro Finance IPO Date, Review, Price Band & Market Lot

Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. The company’s responsibilities are not restricted merely to financial support but also to acquaint the clients to manage their financials by disseminating Financial Literacy to them.

Fusion Micro Finance Ltd is one of the youngest companies among the top 10 NBFC-MFIs in India in terms of AUM as of June 30, 2022.

The company have achieved a significant footprint across India, where the company have extended its reach to 2.90 million active borrowers which were served through our network of 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and union territories in India, as of June 30, 2022.

The company’s business runs on a joint liability group-lending model, wherein a small number of women form a group (typically comprising five to seven members) and guarantee one another’s loans.

As of June 30, 2022 and March 31, 2022, 2021 and 2020, our total AUM was Rs. 73,890.23 million, Rs. 67,859.71 million, Rs. 46,378.39 million and Rs. 36,065.24 million, respectively.

Competitive Strengths:

  • Well Diversified and Extensive Pan-India Presence.
  • Proven Execution Capabilities with Strong Rural Focus.
  • Access to Diversified Sources of Capital and Effective Asset Liability Management.
Check Fusion Micro Finance IPO Grey Market Premium (GMP)

Fusion Micro Finance IPO Date & Price Band :

 IPO Open:Nov 2, 2022
 IPO Close:Nov 4, 2022
 IPO Size:600 Crores
 Price Band:350 to ₹368 per share
 Listing on:BSE & NSE
 Retail Portion:Not less than 35% of the Offer
 Equity:13,695,466  shares
Face Value: ₹10 per share

Fusion Micro Finance IPO Market Lot:

  1. Shares: Minimum 40 shares
  2. Minimum Amount: 14,720
  3. Maximum Amount: 191,360

Fusion Micro Finance IPO Allotment & Listing:

  • Basis of Allotment: Nov 10, 2022
  • Refunds: Nov 11, 2022
  • Credit to Demat accounts: Nov 14, 2022
  • Listing: Nov 15, 2022

Fusion Micro Finance IPO Form Download:

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 Micro Finance Financial:

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-204239.99730.3169.61
31-Mar-215837.93873.0943.94
30-Mar-227290.481201.3521.76

Peer Group

  • CreditAccess Grameen Limited
  • Spandana Sphoorty Financial Limited
  • Bandhan Bank Limited
  • Ujjivan Small Finance Bank Limited
  • Suryoday Small Finance Bank Limited

Company Promoters

  • Devesh Sachdev
  • Creation Investments Fusion LLC
  • Creation Investments Fusion II, LLC
  • Honey Rose Investment Ltd

Quick Links

Fusion Micro Finance IPO DRHP

Fusion Micro Finance IPO RHP

Objectives of the IPO

  1. Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
  2. Funding long-term working capital requirements.
  3. General corporate purposes.

Fusion Micro Finance IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Fusion Micro Finance IPO Lead Managers:

  1. ICICI Securities Limited
  2. CLSA India Private Limited
  3. IIFL Securities Limited
  4. JM Financial Limited

Company Address:

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/

What is Fusion Micro Finance IPO Open Date for QIB, NII, and Retail?

Fusion Micro Finance IPO will open on Nov 2, 2022

Fusion Micro Finance IPO Size?

Fusion Micro Finance IPO size is Approx 600 Crores

Fusion Micro Finance IPO Price Band?

Fusion Micro Finance IPO Price Band is ₹350 to ₹368 per share

Fusion Micro Finance IPO Minimum Lot Size?

The minimum bid is 40 Shares with a 14,720.

What is Fusion Micro Finance IPO Allotment Date?

Fusion Micro Finance IPO allotment date is Nov 10, 2022

What is Fusion Micro Finance IPO Listing Date?

Fusion Micro Finance IPO listing date is Nov 15, 2022. The IPO is to list on BSE and NSE.



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