HomeIPOFusion Micro Finance IPO Details

Fusion Micro Finance IPO Details

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GMPSubscription StatusAllotment StatusListing Date

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

Fusion Micro Finance IPO

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

DescriptionIPO Details
Public IssueInitial Public Issue of upto [.] Equity Shares of ₹ 10 (aggregating up to ₹ 1,103.99 Cr)
Issue Open  Date02-Nov-22
Issue Close Date04-Nov-22
Issue TypeBook 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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolFUSION
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Fusion Micro IPO DRHP & RHP

Fusion Micro IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum140₹ 14,720
Maximum13520₹ 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

DetailsDate
Bid / Offer Opens on02-Nov-22
Bid / Offer Closes on04-Nov-22
Finalisation of Basis of Allotment10-Nov-22
Initiation of refunds 11-Nov-22
Credit of the Equity Shares14-Nov-22
Listing Date15-Nov-22

Company Corporate Office

Plot no. 86, Institutional Sector 32,
Gurugram,
Haryana 122001, India
www.fusionmicrofinance.com

Company Registered Office

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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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