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Fusion Micro Finance IPO Details 2022, price, lot

IPO Status: Closed [2nd Nov 2022 to 4th Nov 2022]

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Fusion Micro Finance IPO Detail

Fusion Micro Finance Limited IPO listing on BSE and NSE, comprising a fresh issue of Rs 600 Cr and an offer for sale of 13,695,466 shares opens for subscription from Nov 2 to Nov 4 2022. The face value of shares is Rs 10 per share. The IPO price band is fixed at Rs 350-368 per share. One can apply in a lot size of 40 shares and its multiples. Stay updated with us to know more about the Fusion Micro Finance IPO Details 2022 including issue size, minimum order amount, business overview, company financials, live subscription, GMP, allotment status, and more.

Fusion Micro Finance IPO Details

IPO Issue Opening Date: 2nd Nov 2022
IPO Issue Closing Date: 4th Nov 2022
IPO Issue Price: ₹350-368 Per Share
DRHP: View DRHP
RHP: View RHP
IPO Listing At: BSE, NSE
Retail Quota: 35%
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹1103.99 Cr
Offer for Sale: 13,695,466 shares of ₹368
[Aggregating to ₹530.99 Cr.]
Fresh Issue: ₹600 Cr.
Face Value: ₹10 Per Equity Share
Promoter Holding Pre IPO: 85.57%
Promoter Holding Post IPO:
Allotment Status: Allotment Status
BSE Code: 543652
NSE Code: FUSION

IPO Live GMP IPO Live GMP

Fusion Micro Finance IPO Important Dates

In this section we have covered all important dates related to Fusion Micro Finance IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Fusion Micro Finance IPO important dates
IPO Activity Date
Basis of Allotment Date* 10th Nov 2022
Refunds Initiation* 11th Nov 2022
Credit of Shares to Demat* 14th Nov 2022
IPO Listing Date* 15th Nov 2022

* - Tentative Dates

Fusion Micro Finance IPO Lots

IPO Activity Date
Issue Price ₹350-368
Market Lot: 40 Shares
1 Lot Amount: ₹14720
Min Small HNI Lots(2-10 Lakh): 560 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 2720 shares (68 lots)
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  • About Company - Fusion Micro Finance

    Fusion Micro Finance provides financial services to underserved and unserved women in rural and peri-rural areas all over the country. Besides being one of the youngest NBFC companies, it is among India's top 10 largest NBFC-MFIs. As of June 30, 2022, it has a total AUM of Rs. 73,890.23 million.

    It has a vast network of 966 branches across 377 districts in 19 states and union territories across India. As of June 30, 2022, its gross and net NPA ratios stood at 3.67% and 1.35% respectively.

    Fusion Micro Finance IPO Strengths

    • Strong PAN India presence all over the country.
    • Well-proven execution capabilities with a strong focus on rural areas.
    • Access to diversified capital sources and effective asset liability management.
    • Stable and experienced management.
    Incorporation Sector IPO Issue Size Website
    1994 Financial Services ₹1103.99 Cr https://fusionmicrofinance.com/

    Fusion Micro Finance IPO Objective

    The net proceeds from the IPO to be utilized towards the following purposes;

    • To augment company's capital base.
    • To make an offer for sale of 13,695,466 shares by selling shareholders.
    • To gain the benefits of share listing on the exchanges.

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    Fusion Micro Finance IPO Live Subscription (NSE + BSE)

    The table below is live update of IPO bidding details from NSE and BSE.

    • Qualified Institutional Buyers: 5,956,362 Shares
    • Non-Institutional Investors: 4,625,749 Shares
    • Retail Individual Investor: 10,793,414 Shares
    IPO Bidding Live Updates from BSE + NSE
    Day QIBNIIRIITotal
     # of Shares Offered5,956,362 (27.87%)4,625,749 (21.64%)10,793,414 (50.49%)21,375,525
    12nd Nov 2022 17:110.00x0.23x0.14x0.12x
    23rd Nov 2022 17:020.00x0.61x0.31x0.29x
    34th Nov 2022 19:028.59x1.38x0.51x2.95x

    Fusion Micro Finance Financials for past 3 Years

    Past performance and financial results of Fusion Micro Finance.

    Fusion Micro Finance financial
    Fusion Micro Finance Limited Financials (₹ in Crore) 30-Jun-2022 31-Mar-2022 31-Mar-2021 31-Mar-2020
    Total Assets ₹7615.24 ₹7290.48 ₹5837.93 ₹4239.99
    Total Income ₹360.45 ₹1201.35 ₹873.09 ₹730.31
    Net Profit/Loss ₹75.1 ₹21.76 ₹43.94 ₹69.61

    Company Address

    Fusion Micro Finance Limited
    H-1, C Block, Community Centre, Naraina Vihar,
    New Delhi,-110028
    India
    Website: https://fusionmicrofinance.com/
    Phone: +91- 011-46646600
    Email: [email protected]

    Fusion Micro Finance IPO Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: http://www.linkintime.co.in
    Phone: +91-22-4918 6270
    Email: [email protected]

    Fusion Micro Finance IPO Lead Manager

    1. ICICI Securities Limited
    2. JM Financial Consultants Private Limited
    3. IIFL Securities
    4. CLSA India Private Limited
    Fusion Micro Finance IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Fusion Micro Finance? Should I apply in Fusion Micro Finance IPO?

    Last Updated on 2022-11-18T09:31:37+00:00

    FAQs

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Fusion Micro Finance IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Fusion Micro Finance IPO with Zerodha.

    Alternate approch to apply in Fusion Micro Finance IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Fusion Micro Finance IPO Review and Important Updates

    Other relevant questions :

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    Apply in Fusion Micro Finance IPO online

    To subscribe or apply in Fusion Micro Finance IPO, you can use the following methods:

    Fusion Micro Finance IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Fusion Micro Finance IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Fusion Micro Finance IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Fusion Micro Finance IPO. Most of the Syndicate Banks provide access to apply in Fusion Micro Finance IPO via ASBA process. You must have your net banking access, DP ID information to apply in Fusion Micro Finance IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Fusion Micro Finance IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Fusion Micro Finance IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Fusion Micro Finance IPO? Where to apply for Fusion Micro Finance IPO? How to subscribe Fusion Micro Finance IPO online? Fusion Micro Finance IPO where to apply? Where to buy Fusion Micro Finance IPO online? How to buy Fusion Micro Finance IPO online? How to purchase Fusion Micro Finance IPO? How to get Fusion Micro Finance IPO? How to book Fusion Micro Finance IPO? How to invest Fusion Micro Finance IPO? Fusion Micro Finance IPO kaise buy kare?

     

    Applying in Fusion Micro Finance IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Fusion Micro Finance IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Fusion Micro Finance IPO, please refer article >> Link

    Fusion Micro Finance IPO Review and Important Updates

    Steps to download the online application form for Fusion Micro Finance IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 40 and max 520 shares (13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

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    Fusion Micro Finance IPO is going to be list on 15-11-2022. NSE Code for Fusion Micro Finance is FUSION. BSE Code for Fusion Micro Finance is 543652.

    Other relevant questions:

    When Fusion Micro Finance IPO will be listing? Fusion Micro Finance IPO NSE listing date?Fusion Micro Finance IPO date of listing.Fusion Micro Finance IPO BSE listing date?

     

    Fusion Micro Finance IPO Allotment Date is 10-11-2022.

    Other relevant questions:

    Fusion Micro Finance IPO share allotment date?Fusion Micro Finance IPO allotment date?

     


    User Reviews

    avatar
    5. Nayan Ruparelia Oct 27 2022 08:54:56 AM Reply
    Fusion Micro Finance IPO expected listing gain.
    avatar
    4. Priyanka Maheshwari  Oct 27 2022 08:54:56 AM Reply
    Please confirm Fusion Micro Finance IPO GMP (grey market premium) and kostak.
    avatar
    3. Priyanka Maheshwari  Oct 27 2022 08:54:56 AM Reply
    Fusion Micro Finance IPO good or bad.
    avatar
    2. srikar Oct 27 2022 08:54:56 AM Reply
    Fusion Micro Finance IPO whether to invest or not.
    avatar
    1. ratnesh shanker  Oct 27 2022 08:54:56 AM Reply
    Fusion Micro Finance IPO - CRISIL Rating, Apply or not?.