Fusion as an organization was set-up in 2010 & is a registered NBFC –MFI which operates in a Joint Liability Group lending model of Grameen.
Clients comprise mainly of women living in rural and semi-urban areas. It’s focus is reaching out to unbanked and 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 financials by disseminating Financial Literacy to them. Fusion believes in robust business practices, transparent policies expressed in our Customer Centric efforts towards our Clientele. Fusion aspires to create value and balanced growth for all its stakeholders while keeping clients at the centre.
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 Date & Price Band :
IPO Open: | Nov 2, 2022 |
IPO Close: | Nov 4, 2022 |
IPO Size: | ₹600 Crores |
Price Band: | ₹350 to ₹368 per share |
Listing on: | BSE & NSE |
Retail Portion: | Not less than 35% of the Offer |
Equity: | 13,695,466 shares |
Face Value: | ₹10 per share |
Fusion Micro Finance IPO Market Lot:
- Shares: Minimum 40 shares
- Minimum Amount: ₹14,720
- Maximum Amount: ₹191,360
Fusion Micro Finance IPO Allotment & Listing:
- Basis of Allotment: Nov 10, 2022 Advertisement
- Refunds: Nov 11, 2022
- Credit to Demat accounts: Nov 14, 2022
- Listing: Nov 15, 2022
Fusion Micro Finance IPO Form Download:
How to apply for the Fusion Microfinance IPO? You can apply for Fusion Microfinance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Fusion Microfinance IPO in the Invest section. The other option is you can apply for Fusion Microfinance IPO via IPO forms downloaded via NSE and BSE. Check out the Fusion Microfinance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Fusion Micro Finance Financial:
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-20 | 4239.99 | 730.31 | 69.61 |
31-Mar-21 | 5837.93 | 873.09 | 43.94 |
30-Mar-22 | 7290.48 | 1201.35 | 21.76 |
Peer Group
- CreditAccess Grameen Limited
- Spandana Sphoorty Financial Limited
- Bandhan Bank Limited
- Ujjivan Small Finance Bank Limited
- Suryoday Small Finance Bank Limited
Company Promoters
- Devesh Sachdev
- Creation Investments Fusion LLC
- Creation Investments Fusion II, LLC
- Honey Rose Investment Ltd
Quick Links
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Fusion Micro Finance IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: fusion.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Fusion Micro Finance IPO Lead Managers:
- ICICI Securities Limited
- CLSA India Private Limited
- IIFL Securities Limited
- JM Financial Limited
Company Address:
Fusion Micro Finance Limited
H-1, C Block,
Community Centre, Naraina Vihar,
New Delhi, 110028
Phone: +91- 011-46646600
Email: companysecretary@fusionmicrofinance.com
Website: https://fusionmicrofinance.com/
Also Read- Fusion Micro Finance IPO Subscription (Live) Fusion Micro Finance IPO Grey Market Premium
What is Fusion Micro Finance IPO Open Date for QIB, NII, and Retail?
Fusion Micro Finance IPO will open on Nov 2, 2022
Fusion Micro Finance IPO Size?
Fusion Micro Finance IPO size is Approx ₹600 Crores
Fusion Micro Finance IPO Price Band?
Fusion Micro Finance IPO Price Band is ₹350 to ₹368 per share
Fusion Micro Finance IPO Minimum Lot Size?
The minimum bid is 40 Shares with a ₹14,720.
What is Fusion Micro Finance IPO Allotment Date?
Fusion Micro Finance IPO allotment date is Nov 10, 2022
What is Fusion Micro Finance IPO Listing Date?
Fusion Micro Finance IPO listing date is Nov 15, 2022. The IPO is to list on BSE and NSE.