Fusion Micro Finance Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹368 - ₹368
- Lot size
- 40 shares
- Issue amount
- ₹1,103.99 cr
- Total subscription
- 2.95×
- Opens
- 2 Nov 2022
- Closes
- 4 Nov 2022
- Allotment
- 10 Nov 2022
- Listing
- 15 Nov 2022
Offer at a glance
Issue overview
- Issue size
- 2,99,99,813 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,720
- Fresh issue
- ₹600 cr
- Offer for sale
- ₹503.99 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,720
- Issue type
- Bookbuilding IPO
- Shares before issue
- 8,43,26,388
- Shares after issue
- 10,06,30,735
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 40 | ₹14,720 |
| sHNI | 14 | 560 | ₹2,06,080 |
| bHNI | 68 | 2,720 | ₹10,00,960 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 219.19 | 1,882.41 |
| RETAIL | 397.2 | 203.16 |
| HNIs 2+ | 56.74 | 61.84 |
| HNIs 10+ | 113.49 | 172.31 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
Fusion Micro Finance Ltd focuses on empowering women entrepreneurs from economically and socially underserved communities by providing financial services and financial literacy. As one of India's fastest-growing NBFC-MFIs, it operates on a joint liability group-lending model, ensuring financial inclusion. As of June 30, 2022, the company had a significant footprint across 19 states and union territories, serving 2.90 million active borrowers through 966 branches and over 9,262 employees. With a steadily growing AUM reaching ₹73,890.23 million by mid-2022, Fusion Micro Finance plays a crucial role in driving financial independence for women in India.
Strengths
- Pan-India Presence: Operates across the country with a well-diversified footprint.
- Strong Execution Capabilities: Proven track record with a strong focus on rural markets.
- Diversified Funding Access: Supported by multiple capital sources and effective asset–liability management.
Promoters
Devesh Sachdev
Creation Investments Fusion
Creation Investments Fusion II, LLC
Honey Rose Investment Ltd
Registrar & documents
Lead manager
ICICI Securities Limited, Clsa India Private Limited, IIFL Capital Services Limited, Jm Financial Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
H-1, C Block, Community Centre, Naraina Vihar, New Delhi, 110028
+91- 011-46646600
[email protected]Company website ↗Understanding FUSION IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.