Wednesday, June 26, 2024

Fusion Microfinance IPO Date, Review, Price, Allotment, Analysis – IPO Watch


Fusion Microfinance IPO Details: Fusion Microfinance IPO date is mounted, the IPO is to hit the market on November 2 and can shut on November 4, 2022. Fusion Microfinance IPO to boost round ₹[.] crores by way of IPO that contains recent subject of ₹600 crores and provide on the market as much as 13,695,466 fairness shares of ₹10 every. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Fusion Microfinance Limited gives monetary providers to girls dwelling in rural and semi-urban areas in India. They present their providers to girls entrepreneurs belonging to the economically and socially disadvantaged part of society. The group was arrange in 2010 & it’s a registered NBFC –MFI which operates in a Joint Liability Group lending mannequin of Grameen.

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They have over 2.89 million lively prospects, 966 branches, 73,890.23 million AUM, and over 8k workers working with the agency. They have a presence in 377 districts in 19 states in India. They provide Microfinance that features Income Generation Loans, Top up Loans, Emergency Loans, and Cross-Sell loans. In MSME they provide Unsecured Business Loans, Secured Business Loans, and Machinery Loans.

Important Details

  • Good variety of lively prospects which is round 2.89 million.
  • Good presence in India overlaying 377 districts in 19 states.
  • Revenues elevated to 1201 crores in 2022 towards 873 crores in 2021.
  • PAT appears to be like secure in previous few years and its on a optimistic notice.

Fusion Microfinance IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Fusion Microfinance IPO Date & Price Band Details

IPO Open: November 2, 2022
IPO Close: November 4, 2022
IPO Size: Approx ₹[.] Crores
Fresh Issue: Approx ₹600 Crores
Offer for Sale: Approx 13,695,466 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Fusion Microfinance IPO Market Lot

The Fusion Microfinance IPO minimal market lot is [.] shares with ₹[.] utility quantity. The retail traders can apply up-to 13 tons with [.] shares or ₹[.] quantity.

Minimum Lot Size: Minimum [.] Shares for 1 lot
Minimum Amount: ₹[.] for 1 lot
Maximum Lot Size: Maximum [.] Shares for 13 lot
Maximum Amount: ₹[.] for 13 lot

Fusion Microfinance IPO Allotment & Listing Dates

The Fusion Microfinance IPO date is November 2 and the shut date is November 4. The Fusion Microfinance IPO allotment shall be finalized on November 10 and the IPO itemizing on November 15.

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Price Band Announcement: October 2022
Anchor Investors Allotment: November 1, 2022
IPO Open Date: November 2, 2022
IPO Close Date: November 4, 2022
Basis of Allotment: November 10, 2022
Refunds: November 11, 2022
Credit to Demat Account: November 14, 2022
Fusion Microfinance IPO Listing Date: November 15, 2022

You can verify IPO subscription standing and IPO allotment standing on their respective pages.

Fusion Microfinance IPO Form

How to use for the Fusion Microfinance IPO? You can apply for Fusion Microfinance IPO by way of ASBA out there in your checking account. Just go to the web financial institution login and apply by way of your checking account by deciding on the Fusion Microfinance IPO within the Invest part. The different choice is you’ll be able to apply for Fusion Microfinance IPO by way of IPO types downloaded by way of NSE and BSE. Check out the Fusion Microfinance types – Click BSE Forms & NSE Forms clean IPO types obtain, fill, and submit in your financial institution or along with your dealer.

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Fusion Microfinance Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹730 ₹630 ₹69.61
2021 ₹873 ₹816 ₹43.94
2022 ₹1201 ₹1177 ₹21.76

Fusion Microfinance IPO Valuation – FY2022

Check Fusion Microfinance IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) particulars.

Earning Per Share (EPS): ₹2.64 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 1.63%
Net Asset Value (NAV): ₹161.67 per Equity Share

Peer Group

  • CreditEntry Grameen Limited
  • Spandana Sphoorty Financial Limited
  • Bandhan Bank Limited
  • Ujjivan Small Finance Bank Limited
  • Suryoday Small Finance Bank Limited
  • Devesh Sachdev
  • Creation Investments Fusion LLC
  • Creation Investments Fusion II, LLC
  • Honey Rose Investment Ltd

Fusion Microfinance IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in

Fusion Microfinance IPO Allotment Status Check

Check Fusion Microfinance IPO allotment standing on Linkintime web site allotment URL. Click Here

Fusion Microfinance IPO Lead Managers

  • ICICI Securities Limited
  • CLSA India Private Limited
  • IIFL Securities Limited
  • JM Financial Limited

Company Address

Fusion Micro Finance Limited
Plot no. 86, Institutional Sector 32,
Gurugram, Haryana 122001
Phone: +91 11 46646600
Email: [email protected]
Website: www.fusionmicrofinance.com

Fusion Microfinance IPO FAQs

What is Fusion Microfinance IPO?

Fusion Microfinance IPO is a main-board IPO. They are going to increase ₹[.] Crores by way of IPO. The subject is priced at ₹[.] to ₹[.] pr fairness share. The IPO is to be listed on BSE & NSE.

When Fusion Microfinance IPO will open?

The IPO is to open on November 2, 2022 for QIB, NII, and Retail Investors.

What is Fusion Microfinance IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Fusion Microfinance IPO?

You can apply for Fusion Microfinance IPO by way of ASBA on-line by way of your checking account. You may apply for ASBA on-line by way of UPI via your inventory brokers. You may apply by way of your inventory brokers by filling up the offline kind.

How to Apply the Fusion Microfinance IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Fusion Microfinance”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Fusion Microfinance IPO via Upstox?

Log in to the Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Fusion Microfinance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Fusion Microfinance IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Fusion Microfinance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Fusion Microfinance IPO Size?

Fusion Microfinance IPO dimension is ₹[.] crores.

What is Fusion Microfinance IPO Price Band?

Fusion Microfinance IPO Price Band is ₹[.] to ₹[.].

What is Fusion Microfinance IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whereas the utmost bid is [.] shares with ₹[.].

What is the Fusion Microfinance IPO Allotment Date?

Fusion Microfinance IPO allotment date is November 10, 2022.

What is the Fusion Microfinance IPO Listing Date?

Fusion Microfinance IPO itemizing date is November 15, 2022. The IPO is to listing on BSE and NSE.

Note: The Fusion Microfinance IPO worth band and date are usually not formally introduced but. The IPO gray market premium (Fusion Microfinance IPO Premium) shall be added to the IPO gray market web page as it’s going to begin).

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– Source : IPOWATCH

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