Fusion Micro Finance Limited IPO Review, Fusion Micro Finance Limited IPO GMP TODAY, Fusion Micro Finance Limited IPO DETAILS, Fusion Micro Finance Limited IPO Status
Fusion Micro Finance Limited IPO will open on 02 Nov 2022 and will close on 04 Nov 2022.
Fusion Micro Finance Limited IPO GMP Price
The GMP Price of Fusion Micro Finance Limited IPO is Rs. ( ) as per Market search.
IPO Objective
The Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale.
Objects of the Fresh Issue :
Augment the capital base of the Company.
About Company
Fusion as an organization was formed in 2010 and is a registered NBFC – MFI working on the Rural Joint Liability Group Lending Model.
Fusion Microfinance has a social vision and a business orientation that seeks to provide economic opportunities to underprivileged women to transform their quality of life.
A self-sustaining financial institution that leverages distribution networks to disseminate other products and services.
Fusion Micro Finance Limited IPO will open on 02 Nov 2022 and will close on 04 Nov 2022. The price band is Rs.350-368 per equity share and a lot of shares are 40. They are going to be listed on NSE.
Fusion Micro Finance Limited IPO Subscription Status (Live Data)
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Fusion Micro Finance Limited IPO Details
| Description | Fusion Micro Finance Limited IPO Details |
|---|---|
| Issue Size | 308.30 lakh shares (aggregating up to Rs. Cr. 1079.34-1134.85) |
| Issue Open Date | 02 Nov 2022 |
| Issue Close Date | 04 Nov 2022 |
| IPO Price Band | ₹350 – ₹368 |
| Face Value | ₹10 per share |
| Market Lot | 40 Shares |
| Minimum Order Quantity | 40 Shares |
| Listing | NSE |
Fusion Micro Finance Limited IPO Financials (Restated)
| 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 |
Fusion Micro Finance Limited IPO Important Dates
| Offer start | 02 Nov 2022 |
| Offer end | 04 Nov 2022 |
| Allotment finalization | 10 Nov 2022 |
| Refund initiation | 11 Nov 2022 |
| Demat transfer | 14 Nov 2022 |
| Listing | 15 Nov 2022 |
Fusion Micro Finance Limited IPO Lot Size
| 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 |
Company Promoters
The promoters of the Company, are namely, Devesh Sachdev, Creation Investments Fusion, LLC, Creation Investments Fusion II, LLC and Honey Rose Investment Ltd.
Fusion Micro Finance Limited IPO Registrar
Phone: +91-22-4918 6270
Email: fusion.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Fusion Micro Finance Limited IPO Company Address
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/
How to Apply Fusion Micro Finance Limited IPO?
You can signup or login to Zerodha and apply there.
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What is Fusion Micro Finance Limited IPO?
Fusion Micro Finance Limited IPO will open on 02 Nov 2022 and close on 04 Nov 2022.
When will Fusion Micro Finance Limited IPO open?
Fusion Micro Finance Limited IPO will open on 02 Nov 2022.
When will Fusion Micro Finance Limited IPO close?
Fusion Micro Finance Limited IPO will close on 04 Nov 2022.
What is the LOT size of Fusion Micro Finance Limited IPO?
The LOT size of Fusion Micro Finance Limited IPO is 40 shares.