The Fusion Micro Finance IPO Subscription Status has started 02 November 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Fusion Micro Finance IPO has opened on 02 November 2022 and closes on 04 November 2022. Which will be subscribed by 04 November 2022.
Fusion Micro Finance IPO is preparing to raise ₹1103.99 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹600.00 Crores and Offer Sale of ₹503.99 Crores. and Fusion Micro Finance IPO Price Band is Fixed ₹350 to ₹368 per share. Check Fusion Micro Finance IPO GMP Here.
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.
Fusion Micro Finance IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Fusion Micro Finance IPO Subscription Status, you can see the below-day Subscription. Check Fusion Microfinance IPO Allotment Status here.
Fusion Micro Finance IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022(June) : | ₹75.10 Cr (June 2022) |
| Issue Price : | ₹368/ EQ (Cut Off) |
| EPS 2022 : | ₹9.07 (June 2022) |
| PE Ratio : | 40.68 (PE Approx) |
| RoNW : | 1.63% (March 2022) |
| NAV Value : | ₹161.67 (March 2022) |
| Total Assets : | ₹7290.48 Cr (March 2022) |
| Market Cap : | ₹3103.20 Cr Approx |
| Promoter Holding : | 85.57% Pre Issue 58.10% Post Issue |
| Team Review : | ● FMFL is one of the youngest companies among the top NBFC-MFIs in India. ● The Company bottom line is very strong. ● The company PE ratio is very Attractive. ● The company financial strong recovery after pandemic. ● The company promoter stake will decrease but will hold 58.10% stake after issue which is good. ✔ Apply For Long Term |
Fusion Micro Finance IPO Subscription Status {Live Update} :
The total Fusion Micro Finance IPO Subscription Status subscribed 2.95x times so far, with QIB subscribed 8.59x and NII subscribed 1.38x times & RII 0.51x times and EMP 0.0x times on Day 3. {Update time : 04 Nov 2022 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.0x | 0.0x | 8.59x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 0.23x ______ 0.24x 0.21x | 0.46x ______ 0.47x 0.45x | 1.38x ______ 1.52x 1.09x |
| RII : | 0.14x | 0.26x | 0.51x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 0.12x | 0.23x | 2.95x |
Fusion Micro Finance IPO Net Shares Offered:
Fusion Micro Finance IPO is a public issue of 21,375,525 equity shares. The issue offers 59,56,362 shares to qualified institutional buyers, 46,25,749 shares to non-institutional investors, and 10,793,714 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| QIB : | 59,56,362 | 219.19 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 46,25,749 ______________ 30,83,832 15,41,917 | 170.23 Cr _______ 113.49 Cr 56.74 Cr |
| RII : | 10,793,414 | 397.20 Cr |
| Total : | 21,375,525 | 786.62 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Fusion Micro Finance IPO Date & Price Band & Details :
| Issue Type : | Book Building Issue |
| IPO Open : | 02 November 2022 |
| IPO Close : | 04 November 2022 |
| IPO Size : | ₹1103.99 Cr {29,999,813 Shares} |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹350 – ₹368 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1103.99 Cr {29,999,813 Shares} |
| Fresh Issue : | ₹600.00 Cr {16,304,347 Shares} |
| Offer For Sale : | ₹503.99 Cr {13,695,466 Shares} |
Fusion Micro Finance IPO Market Lot :
Fusion Micro Finance IPO Minimum Market lot is 1 Lot with 40 shares with ₹14,720 Application amount. The retail investors can apply up to 13 lots with 520 Shares or ₹191,360 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 40 Shares |
| Minimum Amount : | ₹14,720 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 520 Shares |
| Maximum Amount : | ₹191,360 |
Fusion Micro Finance IPO Subscription Status FAQs :
How much was the total Fusion Micro Finance IPO Subscription Status?
The total Fusion Micro Finance IPO Subscription Status 0.0x times Day 1.
What is the Fusion Micro Finance IPO retail subscription Status?
Fusion Micro Finance IPO Retail Subscription 0.0x times Day 1.
How much is the Fusion Micro Finance IPO QIB subscription Status?
The Fusion Micro Finance IPO QIB subscription 0.0x times Day 1.
How much did Fusion Micro Finance IPO NII subscribe?
Fusion Micro Finance IPO NII Subscription 0.0x times Day 1.
What is Fusion Micro Finance IPO Allotment Date?
Fusion Micro Finance IPO allotment date is 10 November 2022.
What is Fusion Micro Finance IPO Listing Date?
Fusion Micro Finance IPO listing date is 15 November 2022. The IPO to list on BSE and NSE.
How to Apply the Fusion Micro Finance IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Fusion Micro Finance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Fusion Micro Finance IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Fusion Micro Finance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Fusion Micro Finance IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Fusion Micro Finance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Fusion Micro Finance IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Fusion Micro Finance IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Fusion Micro Finance IPO GMP: Click Here Fusion Micro Finance IPO Details: Click Here Fusion Micro Finance IPO Allotment: Click Here Fusion Micro Finance IPO Listing: Click Here |
All Fusion Micro Finance IPO-related links are available here. If you want to know the details then click on Click Here Link.
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