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Fusion Microfinance IPO GMP, Fusion Microfinance Grey Market Premium 2022

Fusion Microfinance IPO GMP, Fusion Microfinance Grey Market Premium

Fusion Microfinance IPO: Fusion Microfinance IPO GMP (Fusion Microfinance Grey Market Premium), Fusion Microfinance IPO Date, Fusion Microfinance IPO Review, Fusion Microfinance IPO Benefits & Risks. We will update VLCC Health Care GMP daily. Also, all information related to Fusion Microfinance IPO like price band, all dates, issue size and retail parts etc. All the important information about Fusion Microfinance IPO is given below.
Fusion Microfinance IPO GMP

    Fusion Microfinance IPO

    Fusion Microfinance Limited primarily provides its solutions in the rural markets, which include loans and financial products. The IPO of Fusion Microfinance Ltd is expected in the year 2022. Fusion Microfinance Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs [.] crore through IPO (Initial public offering).

    Fusion Microfinance IPO will open on January 2022 and close on January 2022. The price band of the Fusion Microfinance IPO is ₹- to ₹-. The company is looking to raise around ₹- crores through an initial public offering (IPO). Fusion Microfinance IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. Fusion Microfinance's IPO listing date is - January 2022. You can know about Fusion Microfinance Limited IPO GMP (Grey Market Premium) below.

    Fusion Microfinance has given average financial performance. The company has made a profit of ₹43.94 crores in the financial year 2021. Fusion Microfinance IPO Size is ₹- crores. In this IPO, approx 2,19,66,841 equity shares will be sold under OFS (Offer for sale) and approx ₹600 Crores worth of equity shares will be sold under fresh issue. The IPO of Fusion Microfinance will be listed on NSE and BSE.  Fusion Microfinance IPO face value is ₹- per equity share.

    We will talk about Fusion Microfinance's financial, benefits, and risks of investing in the company.
    Read About


    What is Fusion Microfinance IPO GMP Today?
    Fusion Microfinance IPO GMP is ₹-.


    What is the Fusion Microfinance IPO Date?
    Fusion Microfinance's IPO Opening date is January 2022.


    What is Fusion Microfinance IPO Expected Return?
    Fusion Microfinance IPO Expected Returns is approx -%.



    About Fusion Microfinance Limited

    Fusion Microfinance Limited provides financial services to underserved and underserved women in rural and peri-rural areas across India. The company experienced the third-fastest gross loan portfolio growth, with India's top NBFC-MFI growing at 44 percent during 2018 and 2021.

    The company has improved access to formal credit at affordable prices through its network and services. The company has been able to leverage the customer-centric model and wide distribution network. With these capabilities, the company has established a deep presence in rural markets across India. The company provides an increasing variety of financial products primarily in areas where access to financial services is limited.


    Important Links:

    Purpose of the offer 

    • The company in its offer is offering fresh equity shares worth Rs 600 crore and an offer for sale (OFS) of 2,19,66,841 equity shares by the promoters.
    • To prepay/repay all or a part of the dues raised by the company.
    • To meet general corporate objectives.

    Fusion Microfinance GMP Today (Grey Market Premium)

    [Note: Fusion Microfinance Ltd IPO GMP has not started yet]
    DATEGMPKOSTAKSubject to Sauda
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January
    January

    Fusion Microfinance IPO Date and  Price Band Details

    Fusion Microfinance IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of Fusion Microfinance IPO is ₹- to ₹-per share. Fusion Microfinance IPO issue size is Rs - crores. Fusion Microfinance Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion is 15%.

    IPO Open:January 2022
    IPO Close:January 2022
    Listing Date:January 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹- Crores
    Fresh Issue:Approx ₹600 crores
    Offer For Sale:Approx 2,19,66,841 Eq shares
    Price Band:₹- to ₹- per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Fusion Microfinance IPO Market Lot & Size

    Fusion Microfinance IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size are - shares with ₹- application amount.

    Minimum Lot:01
    Minimum Lot Size:- Shares
    Minimum Amount:₹-
    Maximum Lot:13
    Maximum Lot Size:- Shares
    Maximum Amount:₹-

    Fusion Microfinance IPO Allotment & Listing Date

    Ipo Opening Date:January 2022
    IPO Closing Date:January 2022
    Basis of Allotment:January 2022
    Refund Date:January 2022
    Credit to Demat Account:January 2022
    Listing Date:January 2022

    Fusion Microfinance IPO Review

    HappiestPost View: To be updated.

    Brokerage Firm IPO Reviews

    • Motilal Oswal: To be updated
    • ICICI Securities: To be updated
    • Capital Market: To be updated
    • Ventura Securities Limited: To be updated
    • GEPL Capital Ltd: To be updated soon

    Fusion Microfinance Ipo Review

    [Not rated yet (To be updated)]

    Review For Listing Gain


    Review For Short term


    Review For Long term


    Strength

    • The company has a strong presence along with focus in rural areas.
    • The company has experienced management team and directors.
    • The main focus of the company is to provide its financial solutions to the low-middle income group women.
    • The company has a strong customer base.
    • The company had made a profit of ₹ 49.30 crore in the financial year 2021.

    Risks

    • An increase in the Non-Performing Assets (NPA) or provisions of the Company, may have a negative impact on the Company in future.
    • The impact of the COVID-19 pandemic on Fusion Microfinance is still unknown.
    • The directors of the company are subject to legal proceedings. Any bad result could be for their company.
    • Any disruption in the company's funding sources could have a negative impact on the company's growth.
    • Any defect, deficiency or security breach in their information technology systems could have a negative impact on their operations.
    • Any reduction in a company's credit rating could have a negative impact on their access to financing and credit markets.
     

    Fusion Microfinance Financials

    Fusion Microfinance Financials(in Crores)

    YearTotal AssetsRevenueProfit
    2019₹3,610.52₹497.05₹50.67
    2020₹4,239.99730.31₹69.61
    2021₹5,837.93₹873.09₹43.94


    Promoters

    The promoters of the company are:
    • Devesh Sachdev
    • Honey Rose Investment Ltd
    • Creation Investments Fusion LLC
    • Creation Investments Fusion II LLC

    Contact Details of Fusion Microfinance

    Fusion Microfinance Limited
    H-1, C Block, Community Centre, Naraina Vihar,
    New Delhi, 110028, India
    Telephone: +91 1246910500
    E-mail: companysecretary@fusionmicrofinance.in

    Fusion Microfinance Lead Managers

    • IIFL Securities Limited
    • JM Financial Limited
    • ICICI Securities Limited
    • CLSA India Private Limited

    Fusion Microfinance IPO Registrars

    Link Intime India Private Limited
    C 101, 247 Park, L. B. S. Marg
    Vikhroli (West), Mumbai 400 083
    Maharashtra, India
    Tel: +91 22491 86200
    E-mail: fusion.ipo@linkintime.co.in

    Conclusion

    In view of the financial position of Fusion Microfinance Limited, the Company has a good financial track record. The company has made a profit of ₹43.94 crores in the financial year 2021, although the company's profit has been lower than the financial years 2019 and 2020. A big question is whether the company will be able to remain profitable for years to come. Our suggestion will be updated when the Fusion Microfinance IPO price band and other IPO details are announced. Fusion Microfinance Limited's financial statement and other information is provided above.


    Fusion Microfinance IPO FAQs

    What is Fusion Microfinance IPO GMP Today?
    Fusion Microfinance IPO GMP is ₹- as of today.

    What is Fusion Microfinance IPO Opening Date?
    Fusion Microfinance IPO Opening date is January 2022.

    What is the Fusion Microfinance IPO Closing Date?
    Fusion Microfinance IPO Closing date is January 2022.

    What is the Fusion Microfinance IPO Allotment date?
    Fusion Microfinance IPO Allotment Date is January 2022.

    What is Fusion Microfinance IPO Listing Date?
    Fusion Microfinance IPO Date is January 2022.

    What is Fusion Microfinance IPO Kostak Rate?
    Fusion Microfinance IPO Kostak rate is ₹-.

    What is Fusion Microfinance IPO Expected Returns?
    Fusion Microfinance IPO Expected Returns is -%.


    Read More:

    For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.  

    How to Apply the Fusion Microfinance Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Fusion Microfinance Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.) 
    7. Then Submit the IPO Application Form. 
    8. Now go to your UPI App (PhonePe, Google Pay, etc)  or BHIM App to Approve the mandate.


    We hope you like this article about Fusion Microfinance IPO. If you have a query about Fusion Microfinance IPO Please post a comment. 

    Thanks For Visiting & Happy Investing.


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