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Home › IPOs › Fusion Micro Finance Ltd.
FU
Fusion Micro Finance Ltd.
CLOSED NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Fusion Micro Finance IPO GMP
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹368
Issue Price: ₹ 368
Issue Price
₹368
Face Value
₹10
Lot Size
40 shares
Open Date
02 Nov 2022
Close Date
04 Nov 2022
Allotment
10 Nov 2022
Listing Date
15 Nov 2022
Exchange
NSE & BSE
Fusion Micro Finance IPO About the Company

Incorporated in 1994, 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 finances 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.

Competitive Strengths:

  • Well Diversified and Extensive Pan-India Presence.
  • Proven Execution Capabilities with Strong Rural Focus.
  • Access to Diversified Sources of Capital and Effective Asset Liability Management.
...read more
Fusion Micro Finance IPO Objects of the Issue
Purpose Amount (₹ Cr)
1 Augment the capital base of the Company ₹569
Fusion Micro Finance IPO Lead Managers
ICICI Securities Ltd. CLSA India Pvt.Ltd. IIFL Capital Services Ltd. JM Financial Ltd.
Financial Summary Amount In Crore
Metric 31-Mar-20 31-Mar-21 30-Jun-21
Total Assets 4,240 5,838 5,825
Revenue 730 873 265
PAT 70 44 4
Net Worth 1,199 1,246 1,252
Total Borrowing 2,974 4,432 4,423
Issue Details
Total Shares Offered
29,999,813 (100%)
Pre-Issue Shareholding
84,326,388 shares
Post-Issue Shareholding
100,630,735 shares
UPI Mandate
04 Nov 2022
IPO Analytics Dashboard
LIVE
Fusion Micro Finance IPO GMP Insights
👤
Retail Demand
Good
💼
HNI Interest
Good
🏦
QIB Demand
Strong
📊
Valuation
Strong
Fusion Micro Finance IPO GMP Strength Score
8 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Fusion Micro Finance IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB — 14,999,906 (50%) —
💼 NII / HNI — 4,499,972 (15%) —
👤 Retail (RII) — 10,499,935 (35%) —
Σ Total — 29,999,813 (100%) —

* Amount calculated at upper price band (₹368) ·  ** Total includes all investor categories

Subscription Overview Share allocation by investor category
🏦
QIB ? 14,999,906 (50%)
50%
💼
NII / HNI ? 4,499,972 (15%)
15%
👤
Retail (RII) ? 10,499,935 (35%)
35%
Total Shares Offered 29,999,813 (100%)
Fusion Micro Finance IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 40
Min. Investment ₹14,720
💼 HNI Investors ?
Min. Lots 14
Min. Shares 560
Min. Investment ₹206,080
🏛️ bHNI (>₹10L) ?
Min. Lots 68
Min. Shares 2,720
Min. Investment ₹1,000,960
Fusion Micro Finance IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue P/E ?
12 x
Fusion Micro Finance IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 11 Nov 2022
  2. 2 📂 Credit of Shares to Demat 14 Nov 2022
  3. 3 🔒 Lock-in Period (30%) December 10, 2022
  4. 4 🔒 Lock-in Period (50%) February 8, 2023
Investor Interpretation
  • Retail allocation is good at 35% of the total offering.
  • HNI/NII demand is good at 15%.
  • Institutional (QIB) interest is strong at 50%.
  • The IPO P/E of 12x reflects a strong valuation relative to typical market ranges.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
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Issue Price: ₹ 368  ·  Symbol: —
H —
L —
O —
Fusion Micro Finance IPO Company Info
📍 H-1, C Block, Community Centre, Naraina Vihar, New Delhi, 110028 New Delhi, New Delhi
Visit Website
Fusion Micro Finance IPO Registrar
MUFG Intime India Pvt.Ltd.
Check Allotment Status
Fusion Micro Finance IPO FAQs
Fusion Micro Finance IPO has already listed. Its last recorded GMP was ₹0. GMP is only indicative and never a guarantee of listing gains.
The issue price of Fusion Micro Finance IPO is ₹368 per share. One lot has 40 shares, so the minimum investment is about ₹14,720. It is a Fresh Capital-cum-Offer for Sale issue.
Fusion Micro Finance IPO opened on 02 Nov 2022 and closed on 04 Nov 2022. Allotment is tentatively finalised on 10 Nov 2022. Shares are listed on NSE & BSE on 15 Nov 2022.
Incorporated in 1994, Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society.
As per the offer document, Fusion Micro Finance plans to use the IPO proceeds for: 1 Augment the capital base of the Company (₹569).
The lead managers of Fusion Micro Finance IPO are ICICI Securities Ltd., CLSA India Pvt.Ltd., IIFL Capital Services Ltd., JM Financial Ltd..
Fusion Micro Finance IPO is proposed to list on NSE & BSE; it is a Bookbuilding IPO and the issue is a Fresh Capital-cum-Offer for Sale.
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