Fusion microfinance ipo gmp

In pictures: new Mercedes electric supercar © Provided by News18 Fusion Microfinance IPO: Check Latest GMP, Share Allotment, Listing Date Fusion Microfinance IPO: Fusion Microfinance’s three-day subscription period for the initial public offering (IPO) opened on November 2 and ended on November 4. People are now looking out for the Fusion Microfinance IPO: Subscription Status In the qualified institutional buyers(QIB) category, the IPO was, however, subscribed 8.59 times. The QIBs are said to have a significant role in an IPO. For qualified institutional buyers, 50% of the offer is set aside, followed by 15% for non-institutional investors and the remaining 35% for individual investors Any IPO’s QIB part needs to receive at least 90% subscription in order to be successful. Fusion Microfinance IPO: GMP Today As per market observers, Fusion Microfinance shares are commanding a premium (GMP) of Rs 6 in the grey market today. Fusion Microfinance IPO: Share Allotment Process The finalization of the basis of share allotment of Fusion Microfinance IPO is expected to take place this week on Thursday, November 10, 2022 and if allotted, then the credit of shares to demat account of bidders will be done on Monday, November 14, 2022. The registrar for this IPO is Link Intime Through the issuance at a price range of Rs. 350-368 per share, Fusion Microfinance hopes to raise Rs. 1,104 crore. The offer consists of a fresh issuance for Rs 600 crore and an offer for sale for the remaining R...

Review By Dilip Davda on Oct 29, 2022 •FMFL is one of the youngest companies among the top NBFC-MFIs in India. •Amidst all odds, it maintained growth in its top line. • It suffered for the last two fiscals on bottom lines due to higher provisioning on account of the pandemic, natural calamities, and branch expansion expenses. •Based on its FY23 annualized earnings, the issue is lucratively priced. •Investment may be considered with medium to long-term perspectives. ABOUT COMPANY: Fusion Micro Finance Ltd. (FMFL) is one of the youngest companies (in terms of getting an NBFC-MFI license) among the top NBFC-MFIs in India in terms of AUM as of June 30, 2022, according to CRISIL. In addition, it had the fourth fastest gross loan portfolio CAGR of 53.89% between the financial years 2017 and 2021 among the 10 largest NBFC-MFIs in India, according to CRISIL. It achieved growth through commitment over the years to key pillars of growth comprising customer centricity, strategic geographic diversification with a rural focus, embracing technology for growth, emphasis on nurturing and developing personnel, good corporate governance, stakeholder management, and prudent risk management, as well as ability to raise growth capital through the support of marquee investors even during difficult macroeconomic conditions. FMFL was incorporated with the core idea of creating opportunities at the bottom of the pyramid. It provides financial services to unserved and underserved women in rural and...

IPO Grey Market Premium (GMP) is trending for Spectrum Talent Management, IKIO Lighting, Sonalis Consumer Products, Cosmic CRF, Urban Enviro Waste Management, Bizotic Commercial, HMA Agro Industries, Cell Point (India), Vilin Bio Med, Essen Speciality Films, Aatmaj Healthcare, Kaka Industries IPO. Grey Market is an unregulated market to trade IPO applications and IPO shares before listing of the stock. An investor may not want to trade in the grey market, but getting an idea of the GMP can be used to estimate the listing gain on the IPO share. GMP or Grey Market Premium adding to issue price gives the estimated listing price of the IPO share. Here we are reporting the GMP of all upcoming and current IPOs along with Kostak price. Estimated Listing Price is also calculated by adding up GMP and IPO cap price. -- NA Upcoming 26-Jun-2023 30-Jun-2023 10-Jul-2023 16-Jun-2023 11:32:12 AM -- NA Upcoming 16-Jun-2023 08:00:09 AM 45 152 (42.06%) 107 Upcoming 23-Jun-2023 27-Jun-2023 6-Jul-2023 16-Jun-2023 05:51:00 PM 28 613 (4.79%) 585 Upcoming 20-Jun-2023 23-Jun-2023 4-Jul-2023 16-Jun-2023 05:49:49 PM -- 30 (0.00%) 30 Open 16-Jun-2023 21-Jun-2023 30-Jun-2023 16-Jun-2023 08:00:09 AM Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... 10 70 (16.67%) 60 Upcoming 19-Jun-2023 21-Jun-2023 30-Jun-2023 16-Jun-2023 05:51:28 PM 10 110 (10.00%) 100 Open 15-Jun-2023 20-Jun-2023 29-Jun-2023 16-Jun-2023 05:50:30 PM 7 337 (2.1...