Fusion ipo gmp today

Fusion Micro Finance IPO will be open from 02 November 2022 and closes on 04 November 2022. Fusion Micro Finance IPO GMP Kostak rate and Subject to Sauda updated as of Today. Fusion Micro Finance IPO Grey Market Premium has been Started with low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates. Check Fusion Micro Finance Private Limited operates as a non-banking financial company. The Company providing financial services to unserved and underserved women in rural and peri-rural areas across India. Fusion Micro finance serves customers in India. The company network and services has improved accessibility to formal credit at affordable prices, thereby positively impacting the lives of our customers in rural India. The company one of the youngest companies (in terms of getting an NBFC-MFI licence) among the top NBFC-MFIs in India in terms of AUM as of June 30, 2022. According to CRISIL, the second highest number of lender relationships among the top 10 NBFC-MFIs in India as of March 31, 2022. What is Fusion Micro Finance IPO Kostak Rates Today? ■ The Fusion Micro Finance IPO Kostak rate is₹350. What is Fusion Micro Finance IPO Subject to Sauda Price Today? ■ The Fusion Micro Finance IPO Subject to Sauda rates is₹700. Fusion Micro Finance IPO Approximately Returns? ■ The Fusion Micro Finance IPO’s approximate return is%-%. And it can also change according to the Market Sentiment. Fusion Micro Finance IPO G...

The grey market premium aka IPO GMP is information that is calculated based on the demand of a company that is coming up with an IPO. The grey market starts unofficially in the unregulated market after the IPO date and price band announcements. IPO Investors always look at the premium of an IPO before investing in it but it might vary as per the market conditions, demand, and subscription numbers. An IPO grey market premium (GMP) is the difference between the price at which shares of an Initial Public Offering (IPO) are traded in the grey market and the issue price set by the company. The grey market is an unofficial market where shares can be bought and sold before they are listed on a stock exchange. GMP can be used as a gauge of investor sentiment toward an IPO. A high GMP suggests that investors are bullish on the company and expect the share price to rise when it lists on the stock exchange. A low GMP suggests that investors are bearish on the company and expect the share price to fall when it lists. It is important to note that the GMP is not always an accurate predictor of how the share price will perform when the IPO lists on the stock exchange. There are a number of factors that can affect the share price on the listing, such as the level of demand from institutional investors and the overall market conditions. The GMP is simply a reflection of investor sentiment at a particular point in time. The actual performance of the shares will depend on a number of factors...

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 Category Status Retail Individual Investor 0.50 Times Non-Institutional Investor 1.38 Times Qualified Institutional Buyers 8.59 Times Total 2.94 Times Subscription Status 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 ₹-. 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 GMP 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. ...

The initial public offering of Fusion Micro Finance was subscribed 12 per cent on the first day of subscription on Wednesday. The initial public offering (IPO) of microlender Fusion Microfinance opened for subscription on November 2, 2022 and the issue, with a price band of ₹350-368 a share, will conclude on Friday, November 4, 2022. The company on Tuesday said it has raised a little over ₹331 crore from anchor investors ahead of its initial share sale. ₹600 crore and an offer of sale (OFS) of 13,695,466 equity shares by promoters and existing shareholders. The company is expected to raise ₹1,104 crore at the upper end of the price band. Net proceeds of the fresh issue will be used to augment the capital base of the microfinance firm. Fusion Micro Finance provides financial services to unserved and underserved women in rural and peri-rural areas across India. It is one of the youngest companies in terms of getting an NBFC-MFI license and among the top NBFC-MFIs in India in terms of AUM as of June 30, 2022. They currently have 2.9 mn active borrowers and a network of 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and UT in India. Those selling shares in the OFS are Devesh Sachdev (founder and chairman of the MFI), his wife Mini Sachdev, Honey Rose Investment and two funds of Creation Investments Fusion, the Dutch impact investor Oikocredit Ecumenical Development Co-operative Society, and Global Financial Inclusion Fund. “Although this co...

Fusion Micro Finance IPO GMP Today – Grey Market Premium Date GMP (Rs) Kostak (Rs) Subject to Sauda (Rs) 02-11-2022 ₹ 35 ₹ ₹ 2000 01-11-2022 ₹35 ₹ ₹ 2000 31-10-2022 ₹35 ₹ ₹ 2000 Fusion Micro Finance IPO Details Description IPO Details Public Issue Initial Public Issue of upto [.] Equity Shares of ₹ 10 (aggregating up to ₹ 1,103.99 Cr) Issue Open Date 02-Nov-22 Issue Close Date 04-Nov-22 Issue Type Book Building IPO Price Band ₹ 350 – ₹ 368 Face Value ₹ 10 Market Lot 40 Equity Shares and in multiples thereof Minimum Order Quantity 40 Equity Shares Maximum Subscription Amount for Retail Investor Rs. 2,00,000 Listing NSE, BSE NSE Symbol FUSION IPO Market Timings 10.00 a.m. to 5.00 p.m. Fusion Micro Finance IPO GMP – FAQs - Advertisement - Disclaimer This IPO GMP is only for information purposes only, we do not guarantee 100% accuracy in the GMP, it may change from time to time. Please consult your financial advisor before investing. Investment/Trading in the securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities, Derivatives, commodities, and Currency can be substantial. Follow us on

Investors who want to bid for the Fusion Microfinance Initial Public Offering (IPO) need to do it today as the subscription process will conclude today. The public issue opened for subscription on Wednesday, November 2, 2022 and will conclude on Friday, November 4, 2022. Fusion Microfinance shares are commanding a premium (GMP) of Rs. 5 in the grey market today, Live Mint has quoted market observers as saying. As per the details, on the second day of the bidding process on Thursday, the issue of Fusion Microfinance was subscribed 0.29 times. The portion reserved for Qualified Institutional Buyers (QIBs) did not receive any bids, the portion for Retail Individual Investors (RIIs) received 0.31 times subscription and non-institutional investors quota was subscribed 0.61 times. Once the bidding process ends, the share allotment status of the public issue is likely to be finalised on November 10, 2022. Also, the company's shares are expected to list on stock exchanges- BSE and NSE on Tuesday, November 15, 2022. After the declaration of the share allotment status investors and bidders of the How to check Fusion Microfinance IPO share allotment status via BSE 1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx. 2. Select the name of the company- Fusion Microfinance IPO in the menu (will appear only after the finalisation of the allotment status). 3. Enter your application number allotted for Fusion Micr...

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. Fusion Micro Finance IPO Details IPO Date Nov 2, 2022 to Nov 4, 2022 Listing Date N...