Fusion Micro Finance Limited IPO

Mainboard

Non Banking Financial Company (NBFC)

Listed On: Nov 15, 2022 at ₹ 359.50(NSE)

₹ 14720 /40 Shares

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Price Summary

Last Closing

306.40 (-16.74%)

52 Week High

674.85

52 Week Low

281.20

Last Update

20-Sep-2024 3:30 PM

Fusion Micro Finance Limited IPO Details

02 Nov, 2022

Open Date

04 Nov, 2022

Close Date

10 Nov, 2022

Allotment Date

15 Nov, 2022

Listing Date

Issue Price

350-368 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

List Price

359.50(NSE)

Listing Date

2022-11-15

Market 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 Limited

Issue 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

IPO Docs

DRHP RHP

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

Total No. of Applications: 122874 (Approx)

Fusion Micro Finance Limited Valuations

Earnings Per Share (EPS)

₹2.64/-

P/E Ratio

N/A

RoNW

1.63%

Net Asset Value (NAV) - As on 31.03.22

₹161.67

Fusion 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%

Company Promoter(s)

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

Fusion Micro Finance raises Rs 331 crore from anchor investors ahead of IPO.
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.