The Micro financial services NBFC company Fusion Micro Finance IPO will be hit the market 02 November 2022 and closes on 04 November 2022. According to DRHP, the company wants to raise ₹1103.99 crore through IPO. The company will issue fresh shares of ₹600 crores through this IPO and will issue shares through offer for sale of 13,695,466 shares.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
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. You can check here to know Fusion Micro Finance IPO GMP and Fusion Micro Finance IPO subscription status here.
| Read also: Upcoming IPO List 2022 |
The company achieved a significant footprint across India. the company has extended our 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 market share of AUM from customers in rural areas represented 91.37% of our total AUM. The company focus customer segment is women in rural areas with an annual household income of up to ₹300,000. You can check to know Fusion Microfinance IPO Allotment status here.
Object Of the Issue :
- Gross proceeds from the Fresh Issue
- Less Offer related expenses to be borne by our Company
- Net proceeds from the Fresh Issue after deducting the Offer related expenses to be borne by our Company (“Net Proceeds”)
Company 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
- Robust Underwriting Process and Risk Management Policies
- Technologically Advanced Operating Model
- Stable and Experienced Management Team Supported by Marquee Investors
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 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 Shares Offer :
A Total of 29,999,813 shares are to be bid for the public issue by Fusion Micro Finance IPO with 16,304,347 for Fresh issue and 13,695,466 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 16,304,347 | ₹503.99 Cr |
| Offer For Sale : | 13,695,466 | ₹600.00 Cr |
| Total : | 29,999,813 | ₹1103.99 Cr |
Fusion Micro Finance IPO Reservation :
Fusion Micro Finance IPO Total Reservation of 29,999,813 shares are to be bid for the public issue by Fusion Micro Finance IPO with 14,999,906 for QIB and 44,99,972 for NII 10,499,935 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 14,999,906 | ₹551.99 Cr |
| NII : | 15% | 44,99,972 | ₹165.59 Cr |
| RII : | 35% | 10,499,935 | ₹386.39 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 29,999,813 | ₹1103.99 Cr |
Fusion Micro Finance IPO EPS & RoNW:
The Fusion Micro Finance company’s EPS & RoNW growth is an decreasing last financial year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
|---|---|---|
| 2022 | ₹2.67 | 1.63 % |
| 2021 | ₹5.56 | 3.53 % |
| 2020 | ₹10.47 | 5.81 % |
Fusion Micro Finance IPO Peer Comparison PE :
The Fusion Micro Finance, According to DRHP some company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Credit Access Grameen | 42.60 |
| 2. | Spandana Sphoorty Financial Limited | 52.76 |
| 3. | Bandhan Bank Limited | 342.44 |
| 4. | Ujjivan Small Finance Bank Limited | 204.26 |
| 5. | Equitas Small Finance Bank Limited | 20.21 |
| 6. | Suryoday Small Finance Bank Limited | N/A |
Fusion Micro Finance IPO Dates :
Fusion Micro Finance IPO Date is 02 November 2022 and closes on 04 November 2022. The allotment will be finalized on 10 November 2022 and the IPO may list on 15 November 2022.
| Open Date : | 02 November 2022 |
| Close Date : | 04 November 2022 |
| Allotment Date : | 10 November 2022 |
| Refund Date : | 11 November 2022 |
| Share Credit Date : | 14 November 2022 |
| Listing Date : | 15 November 2022 |
Fusion Micro Finance IPO Form :
There are two ways to apply in Fusion Micro Finance IPO. You can apply for Fusion Micro Finance IPO through ASBA available in your bank account. You have to go to your online bank login and select Fusion Micro Finance IPO in the Invest section and apply through your bank account. Another option is you can apply for Fusion Micro Finance IPO through IPO form download through NSE and BSE. See the Fusion Micro Finance IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Fusion Micro Finance Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹12,013.49 | ₹11,769.23 | ₹217.55 |
| 2021 | ₹8,730.88 | ₹8,162.97 | ₹439.44 |
| 2020 | ₹7,303.11 | ₹6,303.16 | ₹696.10 |
Company Promoters :
■ Devesh Sachdev
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Fusion Micro Finance IPO Lead Managers :
■ CLSA India Private Limited
■ ICICI Securities Limited
■ IIFL Securities Limited
■ JM Financial Limited
Fusion Micro Finance IPO Registrar :
Link Intime India Private Limited
C 101, 247 Park, L. B. S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Fusion Micro Finance IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Fusion Micro Finance Private Limited
H-1, C Block, Community Centre,
Naraina Vihar, New Delhi, 110028, India
Tel.: +91- 011-46646600/ +91-124-6910500
E-mail: [email protected]
Website: www.fusionmicrofinance.com
Fusion Micro Finance IPO FAQs :
What is Fusion Micro Finance IPO?
Fusion Micro Finance IPO is Mainboard IPO. They are going to raise ₹1103.99. Crores via IPO. The issue is priced at ₹350-₹368 per equity share. The IPO is to be listed on NSE, BSE.
When Fusion Micro Finance IPO will open?
The IPO is to open on 02 Nov – 04 Nov for QIB, NII & RII.
What is Fusion Micro Finance IPO Size?
Fusion Micro Finance IPO size is ₹1103.99 Crores.
What is the Fresh issue size of Fusion Micro Finance IPO?
The Fresh issue size of Fusion Micro Finance IPO ₹503.99 Cr.
What is the Offer For Sale size of Fusion Micro Finance IPO?
The Offer For Sale size of Fusion Micro Finance IPO ₹600.00 Cr.
What is Fusion Micro Finance IPO Price Band?
Fusion Micro Finance IPO Price Band is ₹350-₹368 Per share.
What is Fusion Micro Finance IPO Minimum and Maximum Lot Size?
The minimum 40 Shares with ₹14,720 amount while the maximum 520 shares with ₹191,360.
What is Fusion Micro Finance IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
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 NSE, BSE.
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 Subscription: Click Here Fusion Micro Finance IPO Allotment: Click Here Fusion Micro Finance IPO Listing: Click Here Fusion Micro Finance IPO Web Story: 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.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.