Fusion Micro Finance Limited IPO Details (Fusion Micro Finance IPO)
Fusion Micro Finance Limited IPO is an NSE BSE IPO. They are going to raise ₹1,103.99Crores via IPO. The issue is a price range of Rs.350 to Rs.368 per Equity Share. The IPO is to be listed on NSE and BSE.
Fusion Micro Finance Established in 1994, the company is engaged in providing financial services to women entrepreneurs belonging to economically and socially disadvantaged sections of society. The company’s responsibilities are not limited to financial support, but also to acquaint the customers with how to manage their finances by spreading financial literacy.
Fusion Micro Finance Limited is one of India’s top 10 NBFC-MFI companies in terms of AUM as of June 30, 2022.
The company’s business runs on a joint liability group-lending model, in which a small number of women form a group (usually consisting of five to seven members) and guarantee each other’s loans.
By June 30, 2022, and March 31, 2022, 2021, and 2020, our total AUM will be Rs. 73,890.23 million, Rs. 67,859.71 million, Rs. 46,378.39 million, and Rs. 36,065.24 million respectively.
Company Vision
The company said fusion has a social vision and business orientation that aims to provide underprivileged women with economic opportunities to transform the quality of their lives.
Company Mission
A self-sustainable financial institution that leverages the distribution network to channel other products and services.
What are the services Offerings by Fusion Micro Finance Limited?
Microfinance
The company offers Microfinance, which is the provision of small credit to low-income individuals or groups who otherwise would have no other access to financial services.
MSME
The company focused on serving the “Missing Middle” segment of the MSME sector, which is aspiring to increase its contribution to the economic growth and prosperity of our country.
What is the official website of Fusion Micro Finance Limited?
Fusion Micro Finance Official Website is https://fusionmicrofinance.com/
What is the registered address of Fusion Micro Finance Limited?
Fusion Micro Finance Limited
H-1, C Block,
Community Centre, Naraina Vihar,
New Delhi, 110028
Phone: +91- 011-46646600
Email: companysecretary@fusionmicrofinance.com
Website: https://fusionmicrofinance.com/
Fusion Micro Finance Limited IPO Financial Reports
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 4239.99 | 730.31 | 69.61 | 1198.89 | 2973.68 |
| 31-Mar-21 | 5837.93 | 873.09 | 43.94 | 1246.36 | 4432.25 |
| 30-Jun-21 | 5824.87 | 264.96 | 4.41 | 1251.65 | 4422.65 |
| 31-Mar-22 | 7290.48 | 1201.35 | 21.76 | 1337.95 | 5775.81 |
| 30-Jun-22 | 7615.24 | 360.45 | 75.1 | 1416.46 | 6009.97 |
| Amount in ₹ Crore | |||||
Fusion Micro Finance Limited IPO Date & Price Band
| IPO Open: | November 03, 2022 |
| IPO Close: | November 04, 2022 |
| IPO Size: | Approx ₹1,103.99Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | Rs.350 to Rs.368 per Equity Share |
| IPO Listing on: | BSE NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
Fusion Micro Finance Limited IPO Market Lot
The Fusion Micro Finance IPO lot size is 40 shares. A retail-individual investor can apply for up to 13 lots (520 shares or ₹191,360).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,720 |
| Retail (Max) | 13 | 520 | ₹191,360 |
| S-HNI (Min) | 14 | 560 | ₹206,080 |
| B-HNI (Min) | 68 | 2,720 | ₹1,000,960 |
Fusion Micro Finance Limited IPO Allotment & Listing Dates
The IPO date is November 03 and the IPO close date is November 04, 2022. The IPO allotment date is November 10 and the Fusion Micro Finance Limited IPO listing is on November 15, 2022.
| Event | Tentative Date |
|---|---|
| Opening Date | Nov 2, 2022 |
| Closing Date | Nov 4, 2022 |
| Basis of Allotment | Nov 10, 2022 |
| Initiation of Refunds | Nov 11, 2022 |
| Credit of Shares to Demat | Nov 14, 2022 |
| Listing Date | Nov 15, 2022 |
Fusion Micro Finance Limited Company Promoter
The promoters of the Company, namely, Devesh Sachdev, Creation Investments Fusion, LLC, Creation Investments Fusion II, LLC, and Honey Rose Investment Ltd
Fusion Micro Finance Limited Company Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Fusion Micro Finance Lead Managers
- ICICI Securities Limited
- CLSA India Private Limited
- IIFL Securities Ltd
- JM Financial Consultants Private Limited
What is Fusion Micro Finance IPO Services Ltd?
Fusion Micro Finance Limited IPO is an NSE BSE IPO. They are going to raise ₹1,103.99 Crores via IPO. The issue is a price range of Rs.350 to Rs.368 per Equity Share. The IPO is to be listed on NSE and BSE.
When will Fusion Micro Finance IPO open?
The IPO will open for NII, QIB, and Retail Investors on November 03, 2022.
What is Fusion Micro Finance IPO Investors Portion?
The investors’ portion for NII is 50%, QIB is 15 % and Retail is 35%.
What is Fusion Micro Finance IPO Size?
The IPO size is ₹1,103.99 crores.
What is Fusion Micro Finance IPO Price Band?
The IPO Price range of ₹350 to ₹368 per equity share.
What is Fusion Micro Finance IPO Minimum and Maximum Lot Size?
The Fusion Micro Finance Limited IPO lot size is 40 shares. A retail-individual investor can apply for up to 13 lots (520 shares or ₹191,360).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,720 |
| Retail (Max) | 13 | 520 | ₹191,360 |
| S-HNI (Min) | 14 | 560 | ₹206,080 |
| B-HNI (Min) | 68 | 2,720 | ₹1,000,960 |
What is Fusion Micro Finance IPO Allotment?
The IPO allotment date is November 10, 2022.
What is Fusion Micro Finance IPO Listing?
The IPO listing date is November 15, 2022. The IPO to list on BSE NSE.
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