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Fusion Microfinance IPO Details: Fusion Microfinance IPO Date is fixed, the IPO is it hit the market on November 2 and will close on November 4, 2022. Fusion Microfinance IPO to raise around ₹[.] million dollars via IPO which includes a fresh issue of ₹600 crore and an offer for sale of up to 13,695,466 equity shares of ₹10 each. The retail share is 35%QIB is 50% and HNI is 15%.
Fusion Microfinance Limited provides financial services to women living in rural and semi-urban areas of India. They offer their services to women entrepreneurs who belong to the economically and socially disadvantaged sector of society. The organization was established in 2010 and is a registered NBFC MFI operating on a Grameen Joint Liability Group lending model.
They have more than 2.89 million active clients, 966 branches, 73,890.23 million AUM and more than 8,000 employees working with the company. They are present in 377 districts in 19 states of India. They offer microfinance that includes income generating loans, top-up loans, emergency loans and cross-selling loans. They offer unsecured business loans, secured business loans and machinery loans to MSMEs.
Important details
- Good number of active customers around 2.89 million.
- Good presence in India covering 377 districts in 19 states.
- Revenue increased to 1.201 billion in 2022 against 873 million in 2021.
- PAT seems stable in recent years and has a positive note.
Fusion Microfinance IPO Review (apply or not)
Brokerage Firm IPO Review
- Capital market: Will update soon
- Religare Broking: Will update soon
- Hem Securities: Will update soon
- Capital of Arihant: Will update soon
Fusion Microfinance IPO Date and Price Band Details
| IPO Open: | November 2, 2022 |
| Closing of the IPO: | November 4, 2022 |
| IPO Size: | Approx ₹[.] Crores |
| New Topic: | Approx ₹600 crores |
| Sales offer: | Approx 13,695,466 capital shares |
| Apparent value: | ₹10 Per share of capital |
| IPO Price Range: | ₹[.] to ₹[.] by action |
| IPO listing at: | BSE and NSE |
| Retail Quota: | 35% |
| QIB quota: | 50% |
| NII quota: | 15% |
| Discount: | N/A |
| DRHP Prospectus Draft: | Click here |
| RHP Draft Prospectus: | Click here |
| List of Anchor Investors: | Click here |
Fusion Microfinance IPO Market Lot
The minimum market lot of Fusion Microfinance IPO is [.] shares with ₹[.] amount of the request. Retail investors can apply for up to 13 lots with [.] shares or ₹[.] amount
| Minimum lot size: | Minimum [.] Shares for 1 lot |
| Minimum amount: | ₹[.] for 1 lot |
| Maximum batch size: | maximum [.] Shares for 13 lots |
| Maximum amount: | ₹[.] for 13 lots |
Fusion Microfinance IPO Award and Listing Dates
The IPO date of Fusion Microfinance is November 2nd and the closing date is November 4th. Fusion Microfinance’s IPO award will close on November 10 and the IPO listing on November 15.
| Price Band Announcement: | October 2022 |
| Allocation of anchor investors: | November 1, 2022 |
| IPO opening date: | November 2, 2022 |
| IPO closing date: | November 4, 2022 |
| Award basis: | November 10, 2022 |
| Refunds: | November 11, 2022 |
| Demat Account Credit: | November 14, 2022 |
| Fusion Microfinance IPO Listing Date: | November 15, 2022 |
You can check IPO subscription status i IPO award status on their respective pages.
Fusion Microfinance IPO Form
How to apply for Fusion Microfinance IPO? You can apply for Fusion Microfinance IPO through ASBA available in your bank account. Just go to online banking login and apply through your bank account by selecting Fusion Microfinance IPO under Invest section. The other option is that you can apply for Fusion Microfinance IPO through IPO forms downloaded through NSE and BSE. View Fusion Microfinance Forms – Click EEB forms & NSE forms Download, fill out and submit blank IPO forms to your bank or broker.
Financial Report of Fusion Microfinance Company
| ₹ in Crores | |||
| course | income | expense | PAT |
| 2020 | ₹730 | ₹630 | ₹ 69.61 |
| 2021 | ₹873 | ₹816 | ₹ 43.94 |
| 2022 | ₹1201 | 1177 ₹ | ₹ 21.76 |
Fusion Microfinance IPO Valuation – Fiscal Year 2022
Check Fusion Microfinance IPO valuation details such as Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Equity (RoNW) and Net Asset Value (NAV) details.
| Earnings per share (EPS): | ₹ 2.64 per capital share |
| Price/Earnings P/E ratio: | N/A |
| Return on equity (RoNW): | 1.63% |
| Net asset value (NAV): | R$ 161.67 per capital share |
peer group
- CreditAccess Grameen Limited
- Spandana Sphoorty Financial Limited
- Bandhan Bank Limited
- Ujjivan Small Finance Bank Limited
- Suryoday Small Finance Bank Limited
- Devesh Sachdev
- Creation Investments Fusion LLC
- Creation Investments Fusion II, LLC
- Honey Rose Investment Ltd
Fusion Microfinance IPO Registrar
Link Intime India Private Limited
C-101, 1st floor, 247 Parc
LBS Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Checking Fusion Microfinance IPO Award Status
Check the allocation status of the Fusion Microfinance IPO at the allocation URL on the Linkintime website. Click here
Fusion Microfinance Lead IPO Managers
- ICICI Securities Limited
- CLSA India Private Limited
- IIFL Securities Limited
- JM Financial Limited
company address
Fusion Micro Finance Limited
Plot no. 86, Institutional Sector 32,
Gurugram, Haryana 122001
Telephone: +91 11 46646600
E-mail: [email protected]
Website: www.fusionmicrofinance.com
Fusion Microfinance IPO FAQs
What is Fusion Microfinance IPO?
Fusion Microfinance IPO is a Main Board IPO. They are going to increase ₹[.] Crores via OPI. The point is priced at ₹[.] to ₹[.] for share of capital. The IPO must be listed on EEB and NSE.
When will Fusion Microfinance IPO open?
The IPO will open November 2, 2022 for QIBs, NIIs and retail investors.
What is Fusion Microfinance IPO Investors Part?
The part of the investors for QIB is 50%, NII is 15%i Retail is 35%.
How to apply Fusion Microfinance IPO?
You can apply for a Fusion Microfinance IPO through ASBA online through your bank account. you can too apply for ASBA online through UPI through your stock brokers. You can also apply through your stockbrokers by filling the offline form.
How to Apply Fusion Microfinance IPO through Zerodha?
Log in to the console on the Zerodha website or app. Go to Wallet and click on IPO. You will see the name of the IPO “Fusion Microfinance”. Click the offer button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to apply Fusion Microfinance IPO using Upstox?
Log in to the Upstox app with your credentials. Select the IPO. You will see the name of the IPO “Fusion Microfinance”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Upstox.
How to apply Fusion Microfinance IPO using Paytm Money?
Login to Paytm Money app with your credentials. Select the IPO. You will see the name of the IPO “Fusion Microfinance”. Click the offer button. Confirm your request. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
What is the size of the Fusion Microfinance IPO?
Fusion Microfinance’s IPO size is ₹[.] crores.
What is Fusion Microfinance IPO Price Band?
Fusion Microfinance IPO Price Band is ₹[.] to ₹[.].
What is the minimum and maximum lot size of Fusion Microfinance IPO?
The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].
What is the allotment date of Fusion Microfinance IPO?
The award date of the Fusion Microfinance IPO is November 10, 2022.
What is the listing date of Fusion Microfinance IPO?
Fusion Microfinance IPO listing date is November 15, 2022. The IPO must be listed on the ESB and the ENE.
Note: Fusion Microfinance’s price band and IPO date have not yet been officially announced. The gray market premium of the IPO (Fusion Microfinance IPO Premium) will be added to the Gray market IPO page as it will begin).
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