Menu
Fusion MicroFinance Ltd, founded in 1994, provides financial services to women entrepreneurs from economically and socially disadvantaged backgrounds. The company’s obligations include not just financial help, but also educating clients on how to manage their finances through Financial Literacy.
Fusion MicroFinance Ltd is one of the top ten NBFC-MFIs in India in terms of assets under management (AUM) as of June 30, 2022.
The organisation has established a strong presence in India, having served 2.90 million active borrowers through our network of 966 branches and 9,262 permanent workers distributed throughout 377 districts in 19 Indian states and union territories, as of June 30, 2022.
As of June 30, 2022, the firm has a considerable foothold across India, with 2.90 million active borrowers supported through its network of 966 branches and 9,262 permanent workers dispersed over 377 districts in 19 states and union territories.
The company’s operation is based on a joint liability group-lending concept, in which a small number of women create a group (usually five to seven members) and guarantee one another’s loans.
IPO Date | Nov 2, 2022 to Nov 4, 2022 |
Listing Date | Nov 15, 2022 |
Face Value | ₹10 per share |
Price | ₹350 to ₹368 per share |
Lot Size | 40 Shares |
Issue Size | [.] shares of ₹10 (aggregating up to ₹1,103.99 Cr) |
Fresh Issue | [.] shares of ₹10 (aggregating up to ₹600.00 Cr) |
Offer for Sale | 13,695,466 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Offer |
Company Promoters | The promoters of the Company, namely, Devesh Sachdev, Creation Investments Fusion, LLC, Creation Investments Fusion II, LLC and Honey Rose Investment Ltd |
Period Ended | Total Assets | Total Revenue |
31-Mar-20 | 4239.99 | 730.31 |
31-Mar-21 | 5837.93 | 873.09 |
30-Jun-21 | 5824.87 | 264.96 |
31-Mar-22 | 7290.48 | 1201.35 |
30-Jun-22 | 7615.24 | 360.45 |
Amount in ₹ Crore | ||
Period Ended | Profit After Tax | Net Worth | Total Borrowing |
31-Mar-20 | 69.61 | 1198.89 | 2973.68 |
31-Mar-21 | 43.94 | 1246.36 | 4432.25 |
30-Jun-21 | 4.41 | 1251.65 | 4422.65 |
31-Mar-22 | 21.76 | 1337.95 | 5775.81 |
30-Jun-22 | 75.1 | 1416.46 | 6009.97 |
Amount in ₹ Crore | |||
Listed On : BSE NSE
Issue Price : ₹350 to ₹368 per share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE139R01012
BSE : NA
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 |
H-1, C Block,
Community Centre, Naraina Vihar,
New Delhi, 110028
Phone: +91- 011-46646600
Email: companysecretary@fusionmicrofinance.com
Website: https://fusionmicrofinance.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: fusion.ipo@linkintime.co.in
Website: https://linkintime.co.in/
The Fusion MicroFinance IPO is a BSE, NSE IPO of ₹350 to ₹368 per equity share with a face value of 10 per equity share.
The issue size is priced at [.] shares of ₹10 (aggregating up to ₹1,103.99 Cr).
The fresh issue size priced at [.] shares of ₹10 (aggregating up to ₹600.00 Cr)
The Offer for sale size priced at 13,695,466 shares of ₹10 (aggregating up to ₹[.] Cr).
The initial public offering (IPO) begins on Nov 2, 2022 and ends on Nov 4, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Fusion MicroFinance IPO opens on Nov 2, 2022 and closes on Nov 4, 2022. The IPO Issue date may list on Nov 15, 2022.
Fusion Microfinance IPO Market lot size is 40 Shares and the minimum order quantity is 40 Shares.
The finalisation of Basis of Allotment for Fusion MicroFinance IPO will be done on Nov 10, 2022. and the allotted shares will be credited to your demat account by Nov 14, 2022. Check the Fusion Microfinance IPO status.
The Fusion MicroFinance IPO listing date is on Nov 15, 2022.
Fusion Microfinance IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
© 2021 All rights reserved