Fusion micro finance ipo gmp

Fusion Microfinance IPO: GMP, day-of-issue subscription status The first day that people could sign up for Fusion Micro Finance’s initial public offering (IPO) was Wednesday. The first public offering (IPO) of microlender Fusion Microfinance started on November 2, 2022, and will end on November 4, 2022, with a price range of 350-368 per share. On Tuesday, the company said that it had raised a little more than 331 crore from anchor investors before its first share sale. Market watchers say that Fusion Microfinance shares are worth Rs. 24 more on the grey market today. On Tuesday, November 15, 2022, BSE and NSE are expected to start trading the company’s shares. Fusion Microfinance’s IPO includes the sale of 13,695,466 shares by the company’s founders and existing shareholders, as well as the sale of new shares worth 600 crore. At the high end of the price range, the company hopes to raise 1,104 crore. The microfinance firm will use the net money from the new issue to add to its capital base. Send this post to your contacts through Fusion Micro Finance helps women in rural and near-rural areas of India who don’t have access to enough or any financial services. It is one of the youngest companies to get an NBFC-MFI license, and as of June 30, 2022, it is one of the top NBFC-MFIs in India in terms of AUM. They have 2.9 million active borrowers, 966 branches, and 9,262 full-time employees in 377 districts in 19 states and the Union Territory of India. Devesh Sachdev, the founde...

Fusion Micro Finance IPO Date, Price, GMP, Review, and Details Fusion Micro Finance IPO Since its founding in 1994, Fusion Micro Finance Ltd has focused on meeting the financial needs of female entrepreneurs from economically and socially disadvantaged backgrounds. The company’s role extends beyond providing financial assistance; it also includes educating customers on how to budget effectively. Based on their AUM as of June30, 2022, Fusion Micro Finance Ltd is one of the youngest firms in the top 10 NBFC-MFIs in India. As of June 30, 2022, the firm’s presence in India was substantial, with 966 branches and 9,262 permanent staff serving 377 districts in 19 states and union territories. This allowed the company to reach 2.90 million active borrowers. The organisation operates on a joint liability group-lending model, in which a group of women (usually between five and seven individuals) pool their resources to guarantee one another’s loans. Our entire AUM on June 30th, 2022, March 31st, 2022, 2021, and 2020 was Rs. 73,890.23m, Rs. 67,859.71m, Rs. 46,378.39m, and Rs. 36,065.24m. Advantages in the Market • Widespread and Diverse Coverage Across All of India. • Proven ability to execute with a primary emphasis on rural areas. • Ability to effectively manage assets and liabilities and access to multiple sources of capital. Company Financials Fusion Micro Finance Limited Financial Information (Restated) Period Ended Total Assets Total Revenue Profit After Tax Net Worth Total Bor...

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 IPO to raise around ₹1,104 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) • Neutral Brokerage Firm IPO Revie...

• • • • One of the youngest companies among the top 10 NBFC-MFIs in India in terms of AUM as of March 31, 2021, Fusion Micro Finance Limited is gearing up to launch its IPO and raise funds. Fusion Micro Finance IPO will comprise fresh issue and offer for sale. The company is proposing the IPO to augment its capital base and execute the share sale by the promoters and early investors of the company. Let’s dig further into the company’s operations and examine the aspect of this IPO through Fusion Micro Finance IPO Review. Face Value Rs 10 Price Band Rs. 350 to Rs. 368 per share Listing At BSE, NSE Min. Order Quantity 40 shares Listing Date Nov 15, 2022 Offer for Sale Rs. Crore Fresh Issue Rs.600 Crore IPO Size Rs. 1,103.99 Crore Tick Size 1 Fusion Micro Finance IPO Overview Fusion Micro Finance IPO is a Fresh Issue of Equity Shares worth up to Rs. 600 crore along with an Offer for Sale for up to 2,19,66,841 equity shares. The company is engaged in the business of financing and acts as an NBFC – Microfinance Institution. It assists and supports women entrepreneurs from rural and semi-urban areas to achieve their goals. As per the DRHP, the company might undertake a pre-IPO placement before filing RHP with RoC for about Rs. 120 crore. Fusion Micro Finance IPO Important Dates Events Date IPO Opening Date Nov 2, 2022 IPO Closing Date Nov 4, 2022 Basis of Allotment Finalization Nov 10, 2022 Refunds Initiation Nov 11, 2022 Credit of Shares to Demat Account Nov 14, 2022 Share Listi...

Fusion Micro Finance Fusion Micro Finance IPO dates The offer will open for bidding on November 2, and the closing date would be November 4. On November 1, the company will announce the amount mopped up via anchor book that is open for a day. Fusion Micro Finance IPO Price Band The price band for the public issue has been fixed at Rs 350-368 per share. The face value of the equity share is Rs 10 each. Investors can bid for a minimum of 40 shares and in multiples of 40 shares thereafter. With this, retail investors can make a minimum investment of Rs 14,720 per lot. At the maximum, they can buy shares worth Rs 1,91,360 for 13 lots. Half of the offer is reserved for qualified institutional buyers (QIBs), 15 percent for non-institutional investors, and the balance 35 percent for retail investors. Fusion Micro Finance IPO Objective The proceeds from the fresh issue will be utilised by the company for augmenting its capital base, while the OFS money will go to the selling shareholders. Fusion Micro Finance IPO Issue Size The company will raise Rs 1,106 crore through its maiden public offer, comprising a fresh issue of shares worth Rs 600 crore, and an offer-for-sale (OFS) of 1.36 crore shares by the promoters and investors. Promoters Devesh Sachdev, Mini Sachdev, Honey Rose Investment, and Creation Investments Fusion LLC will offload 35.5 lakh equity shares via the OFS. And investors Oikocredit Ecumenical Development Cooperative Society U A, and Global Impact Funds SCA SICAR wi...

• • • • Fusion Micro Finance IPO: Issue subscribed nearly 3 times on final day led by QIBs Fusion Micro Finance IPO: Issue subscribed nearly 3 times on final day led by QIBs Fusion Micro Finance IPO subscription status: The initial public offering (IPO) of Delhi-based microfinance firm Fusion Micro Finance was subscribed 2.95 times on the final day. Fusion Micro Finance IPO: The initial public offering (IPO) of Delhi-based microfinance firm Fusion Micro Finance was subscribed 2.95 times on the final day, according to the data available on the BSE. The Rs 1,103.99 crore offer received bids for over 6.30 crore (6,30,35,880) shares against the issue size of over 2.13 crore (2,13,75,525) shares, the data showed. The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 8.59 times, while the portion for non institutional investors was subscribed 1.38 times and that of retail individual investors (RIIs) was subscribed just around 51 per cent or 0.51 times, the Fusion Micro Finance The 3-day IPO opened for subscription on Wednesday, November 2, 2022, and concluded at 5 pm today. It has a price band of Rs 350-368 per share. The company raised over Rs 331 crore (Rs 3,31,19,79,024) from 17 anchor investors ahead of the IPO. Fusion Micro Finance claims to provide financial services to underserved women across India in order to facilitate their access to greater economic opportunities.

Fusion Micro Fin. - Quaterly Results 22 May, 7:04PM Fusion Micro Fin. - Quaterly Results 22 May, 7:04PM Fusion Micro Finance informs about earnings conference call 18 May, 4:34PM Fusion Micro Finance informs about PCS certificate 29 Apr, 12:26PM Fusion Micro Finance’s AUM rises 37% to Rs 9,296 crore 10 Apr, 5:13PM Fusion Micro Finance informs about earnings call transcript 18 Feb, 10:54AM Fusion Micro Finance informs about earnings conference call 13 Feb, 9:41AM Fusion Micro Fin. - Quaterly Results 11 Feb, 6:32PM Fusion Micro Fin. - Quaterly Results 11 Feb, 6:32PM Fusion Micro Finance receives Microfinance Organization of the Year Award 18 Jan, 11:07AM Fusion Micro Finance informs about closure of trading window 31 Dec, 2:30PM Fusion Micro Finance informs about earnings call transcript 3 Dec, 12:39PM Fusion Micro Finance gets nod to raise Rs 145 crore via NCDs 29 Nov, 9:27AM Fusion Micro Fin. - Quaterly Results 28 Nov, 8:54PM Fusion Micro Fin. - Quaterly Results 28 Nov, 8:54PM Fusion Micro Finance informs about earnings conference call 26 Nov, 4:01PM Fusion Micro Finance to raise up to Rs 145 crore through NCDs 24 Nov, 11:28AM Fusion Micro Finance coming with an IPO to raise Rs 1134.85 crore 31 Oct, 3:43PM Subscription Details The details about the Fusion Micro Finance LtdIPO is as: • The issue size of the IPO is 1103.99 Cr. • The price band forFusion Micro FinanceIPO is Rs 350 to Rs 368. • The shares of Fusion Micro FinanceIPO will list on 15th November2022. • The latest ...

ગુજરાતી • • • • • • • New • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • Live • Live • • • • • • • • • • • • • • • • • • • Fusion Micro Finance IPO Review: The issue opens for subscription on 02nd November 2022 and closes for subscription on 04th November 2022 (both days inclusive). The basis of allotment will be finalized on 10th November 2022 and the refunds will be initiated on 11th November 2022. In addition, the demat credits are expected to happen on 14th November 2022 and the stock is scheduled to list on 15th November 2022. The grey market price (GMP) trading normally starts about 4-5 days prior to IPO opening and continues till the listing date. In the case of Fusion Micro Finance Ltd, we already have GMP data for the last 4 days, which should give a reasonable picture of the likely listing performance. Also Read: There are 2 factors that impact the GMP. Firstly, the market conditions have a deep impact on the GMP, which includes the levels of the Nifty and Sensex as well as the general IPO market and macro conditions. Secondly, the extent of subscription for the IPO across the retail and the QIB segments also has a deep impact on the GMP as it is indicative of investor interest in the stock. Generally, strong QIB subscription is a trigger for a spike in GMP. Also re...