Fusion Micro Finance IPO Details: Fusion Micro Finance IPO subscription is to open on Nov 02, 2022 and close on Nov 04, 2022, the price band of the Fusion Micro Finance IPO is fixed at ₹ ₹ 350 – ₹ 368. Fusion Micro Finance provides financial services to unserved and underserved women in rural and peri-rural areas across India
- About Fusion Micro Finance
- Objects of the Issue
- Fusion Micro Finance Limited Financials:
- Fusion Micro Finance IPO Details
- Fusion Micro IPO DRHP & RHP
- Fusion Micro IPO Lot Size
- Fusion Micro IPO Lead Managers
- Fusion Micro IPO Registrar
- Fusion Micro IPO Allotment Date, Listing Date and other Important Dates
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Fusion Micro IPO – FAQS
About Fusion Micro Finance
Fusion Micro Finance providing financial services to unserved and underserved women in rural and peri-rural areas across India. Fusion Micro Finance believe that the network and services have improved accessibility to formal credit at affordable prices, thereby positively impacting the lives of the customers in rural India, and Fusion Micro is one of the youngest companies among the top NBFC-MFIs in India
Objects of the Issue
- To utilize the Net Proceeds towards augmenting its capital base
- The benefits of listing of the Equity Shares on the Stock Exchanges
- Enhancement of the Company’s brand name amongst the existing and potential customers and creation of a public market for the Equity Shares in India
Fusion Micro Finance Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 72,904.82 | 58,379.33 | 42,399.94 |
| Total income | 12,013.49 | 8,730.88 | 7,303.11 |
| Total Expenses | 11,769.23 | 8,162.97 | 6,303.16 |
| Profit After Tax | 217.55 | 439.44 | 696.10 |
Fusion Micro Finance IPO Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto [.] Equity Shares of ₹ 10 (aggregating up to ₹ 1,103.99 Cr) |
| Issue Open Date | 02-Nov-22 |
| Issue Close Date | 04-Nov-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 350 – ₹ 368 |
| Face Value | ₹ 10 |
| Market Lot | 40 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 40 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | FUSION |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Fusion Micro IPO DRHP & RHP
Fusion Micro IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 40 | ₹ 14,720 |
| Maximum | 13 | 520 | ₹ 1,91,360 |
Fusion Micro IPO Lead Managers
- ICICI Securities Limited
- CLSA India Private Limited
- IIFL Securities Ltd
- JM Financial Limited
Fusion Micro IPO Registrar
Fusion Micro IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 02-Nov-22 |
| Bid / Offer Closes on | 04-Nov-22 |
| Finalisation of Basis of Allotment | 10-Nov-22 |
| Initiation of refunds | 11-Nov-22 |
| Credit of the Equity Shares | 14-Nov-22 |
| Listing Date | 15-Nov-22 |
Company Corporate Office
Plot no. 86, Institutional Sector 32,
Gurugram,
Haryana 122001, India
www.fusionmicrofinance.com
Company Registered Office
H-1, C Block,
Community Centre,
Naraina Vihar,
New Delhi, 110028
Company Promoters
- Devesh Sachdev
- Creation Investments Fusion, LLC
- Creation Investments Fusion II ,LLC and
- Honey Rose Investment Ltd
Fusion Micro IPO – FAQS
What is the Fusion Micro IPO Price?
The Fusion Micro IPO price band is ₹ 350 – ₹ 368 per share
When Fusion Micro IPO will open?
The Fusion Micro IPO opens on Nov 02, 2022 and closes on Nov 04, 2022
What is the lot size of Fusion Micro Finance IPO?
The Fusion Micro Finance IPO lot size is 40 Equity Shares and the minimum order quantity is 40 Equity Shares
Who is the Registrar for Fusion Micro Finance IPO?
The Registrar for Fusion Micro Finance IPO is Link Intime India Private Limited
How to apply in Fusion Micro Finance IPO through UPI?
Check the step by step process here – Click here
How to apply in Fusion Micro Finance IPO through Zerodha?
Check the step by step process here – Click here
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