
Fusion Micro Finance Limited IPO
MainboardNon Banking Financial Company (NBFC)
Listed On: Nov 15, 2022 at ₹ 359.50(NSE)
₹ 14720 /40 Shares
Check AllotmentPrice Summary
Last Closing
183.00 (-50.27%)52 Week High
490.4252 Week Low
123.96Last Update
14-May-2025 3:30 PM02 Nov, 2022
Open Date04 Nov, 2022
Close Date10 Nov, 2022
Allotment Date15 Nov, 2022
Listing DateIssue Price
350-368 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LimitedList Price
359.50(NSE)Listing Date
2022-11-15Market Lot
40 Shares (₹14,720/-)sHNI : 560 Shares (₹2,06,080/-)
bHNI : 2,720 Shares (₹10,00,960/-)
Lead Manager
ICICI Securities Limited ,CLSA India Private Limited ,IIFL Securities Ltd ,JM Financial Consultants Private LimitedIssue Size
Approx 1,103.99 Cr.Retail Portion
35% (Number of Retail Applications : 2,62,490 Approx),(Number of sHNI Applications : 2,670 Approx),
(Number of bHNI Applications : 5,350 Approx)
Subscription
2.95 times
The IPO of Fusion Micro Finance Limited is priced at 350-368 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE, NSE. Link Intime India Private Limited is the registrar of the issue.
Fusion Micro Finance Limited IPO bid opening date is from Nov 2, 2022 and the bid closing date was Nov 4, 2022.
Fusion Micro Finance Limited IPO allotment result will be available on Nov 10, 2022. The tentative listing date for Fusion Micro Finance Limited is Nov 15, 2022.
The total issue size is Approx 1,103.99 Cr..
Fusion Micro Finance Limited IPO Subscription Details
As on | QIB | NII bNII sNII | Retail | Total |
---|---|---|---|---|
Shares Offered / Reserved | 5,956,362 | 4,625,749 3,083,832 1,541,917 | 10,793,414 | 21,375,525 |
Day 1 - 02-11-22 05:00 PM | 0.00 x | 0.23 0.24 x 0.21 x | 0.14 x | 0.12 x |
Day 2 - 03-11-22 05:00 PM | 0.00 x | 0.61 0.61 x 0.60 x | 0.31 x | 0.29 x |
Day 3 - 04-11-22 05:00 PM | 8.59 x | 1.38 1.52 x 1.09 x | 0.51 x | 2.95 x |
Fusion Micro Finance Limited Valuations
Earnings Per Share (EPS)
₹2.64/-P/E Ratio
N/ARoNW
1.63%Net Asset Value (NAV) - As on 31.03.22
₹161.67Fusion Micro Finance Limited Company Financials All values are in ₹ Cr.
31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
---|---|---|---|---|
Assets | 7290.48 | 5837.93 | 4239.99 | N/A |
Revenue | 1201.35 | 873.09 | 730.31 | N/A |
Profit After Tax | 21.76 | 43.94 | 69.61 | N/A |
About The Company
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.
Fusion Micro Finance Limited - Promoter(s)
Pre Issue Share Holding: 85.57%
Post Issue Share Holding: N/A%
- Devesh Sachdev
- Creation Investments Fusion
- Creation Investments Fusion II, LLC
- Honey Rose Investment Ltd
Fusion Micro Finance Limited IPO - Issue Objectives
- Augment the capital base of the Company.
Fusion Micro Finance Limited IPO - Anchor Investors
Nomura Trust, ICICI Prudential, Nippon Life, Aditya Birla Sun Life Trustee, Massachusetts Institute of Technology, HDFC Life Insurance Company, Motilal Oswal Mutual Fund, Kotak Mahindra Life Insurance, Bajaj Allianz Life Insurance Company, Edelweiss, Winro Commerical and BNP Paribas Arbitrage are among the list of anchor investors.
Fusion Micro Finance Limited IPO - FAQs
Ans. Fusion Micro Finance Limited IPO is a Mainboard IPO. The issue is priced at 350-368 per equity share. The minimum order quantity is 40 Shares. The IPO opens on Nov 2, 2022, and closes on Nov 4, 2022. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Fusion Micro Finance Limited IPO opens on Nov 2, 2022 and closes on Nov 4, 2022.
Ans. The size of Fusion Micro Finance Limited IPO is Approx 1,103.99 Cr..
Ans. The IPO price band is set between 350-368 per equity share.
Ans. To apply for Fusion Micro Finance Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Fusion Micro Finance Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Fusion Micro Finance Limited IPO is Nov 10, 2022.
Ans. The Fusion Micro Finance Limited IPO will be listed on Nov 15, 2022.
Ans. Follow the steps to check the allotment status for Fusion Micro Finance Limited IPO here.