KVSP Fusion Microfinance IPO Date, Review, Price, Allotment, Analysis – IPO Watch
Written by Lucky Wilson | KJMM.COM on October 27, 2022
Fusion Microfinance IPO Details: Fusion Microfinance IPO date is fixed, the IPO is to hit the market on November 2 and will close on November 4, 2022. Fusion Microfinance Technologies IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹600 crores and offer for sale up to 13,695,466 equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
Fusion Microfinance Limited provides financial services to women living in rural and semi-urban areas in India. They provide their services to women entrepreneurs belonging to the economically and socially deprived section of society. The organization was set up in 2010 & it is a registered NBFC –MFI which operates in a Joint Liability Group lending model of Grameen.
They have over 2.89 million active customers, 966 branches, 73,890.23 million AUM, and over 8k employees working with the firm. They have a presence in 377 districts in 19 states in India. They offer Microfinance that includes Income Generation Loans, Top up Loans, Emergency Loans, and Cross-Sell loans. In MSME they offer Unsecured Business Loans, Secured Business Loans, and Machinery Loans.
Important Details
- Good number of active customers which is around 2.89 million.
- Good presence in India covering 377 districts in 19 states.
- Revenues increased to 1201 crores in 2022 against 873 crores in 2021.
- PAT looks stable in last few years and its on a positive note.
Fusion Microfinance IPO Review (Apply or Not)
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- Arihant Capital: To be updated soon
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 minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| 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 close date is November 4. The Fusion Microfinance IPO allotment will be finalized on November 10 and the IPO listing on November 15.
| 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 check IPO subscription status and IPO allotment status on their respective pages.
Fusion Microfinance IPO Form
How to apply for the Fusion Microfinance IPO? You can apply for Fusion Microfinance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Fusion Microfinance IPO in the Invest section. The other option is you can apply for Fusion Microfinance IPO via IPO forms downloaded via NSE and BSE. Check out the Fusion Microfinance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
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 detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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
- CreditAccess 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 status on Linkintime website 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 raise ₹[.] Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity 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 investors’ 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 via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Fusion Microfinance IPO through Zerodha?
How to Apply the Fusion Microfinance IPO through Upstox?
How to Apply the Fusion Microfinance IPO through Paytm Money?
What is Fusion Microfinance IPO Size?
Fusion Microfinance IPO size 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 minimum bid is [.] Shares with ₹[.] amount while the maximum 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 listing date is November 15, 2022. The IPO is to list on BSE and NSE.
Note: The Fusion Microfinance IPO price band and date are not officially announced yet. The IPO grey market premium (Fusion Microfinance IPO Premium) will be added to the IPO grey market page as it will start).
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