Fusion MicroFinance IPO Subscription Status & GMP Today, Listing Date
IPO Open Date: Nov 2, 2022 to Nov 4, 2022
Listing Date: 15 Nov 2022.
Subscription Status
As of Last day 4th November 2022 07:00 PM IST. The IPO has been subscribe 2.94 Times.
| Category | Status |
|---|---|
| Retail Individual Investor | 0.50 Times |
| Non-Institutional Investor | 1.38 Times |
| Qualified Institutional Buyers | 8.59 Times |
| Total | 2.94 Times |
What is Fusion MicroFinance IPO GMP Today?
Gray Market Premium Is Rs 20/-
Fusion MicroFinance Limited IPO GMP Today?
Gray Market Premium Rs 20/-
Fusion MicroFinance IPO Expected Returns?
IPO Expected Returns is 3-4 %.
What is Fusion MicroFinance IPO Kostak Rates Today?
The IPO Kostak Rate is ₹300-.
What is Fusion MicroFinance IPO Subject to Sauda Today?
The IPO subject to sauda rates is ₹-.
Click Here To Open Free Demat Account
GMP Day By Day
| Date | GMP |
|---|---|
| 05-Nov-2022 | Rs 20 |
| 04-Nov-2022 | Rs 30 |
| 03-Nov-2022 | Rs 40 |
| 02-Nov-2022 | Rs 40 |
| 01-Nov-2022 | Rs 35 |
| 31-Oct-2022 | Rs 35 |
| 30-Oct-2022 | Rs 35 |
| 29-Oct-2022 | Rs 40 |
| 28-Oct-2022 | Rs 40 |
| 27-Oct-2022 | Rs 40 |
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 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.
Fusion MicroFinance Ltd. IPO Details
| Issue Amount | Upto Rs 600 Crores |
| Post Issue Implied Market Cap | Rs. 3,703 Crore |
| Offer for Sale | 29,99,999 Equity Shares |
| IPO Open Date | Nov 2, 2022 to Nov 4, 2022 |
| Offer Type | Book Built Offer |
| Face Value | Rs 10 Per Share |
| Price Band | Rs 350 to 368 |
| Lot Size | 40 Shares |
| IPO Registrar | Link InTime India Private Ltd. |
Fusion Finance IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 2 November 2022 |
| IPO Close Date | 4 November 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 10 November 2022 |
| Initiation of Refunds | 11 November 2022 |
| Credit of Shares to Demat Account | 14 November 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 15 November 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
Objects Of The Offer:
- The company propose to utilize the net proceeds towards augmenting its capital base.
- In addition, the company expects to receive the benefits of listing of the equity share on the stock exchanges, enhance the company’s brand name amongst its existing & potential customers and create a public market for their equity shares in india.
Important Financial Data:
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | 7,290 | 5,838 | 4,240 |
| Total Revenue | 1201 | 873 | 730 |
| Net Profit & Loss For The Period After Tax | 21.97 | 43.94 | 70.11 |