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
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:
- Fusion Microfinance Website
- Fusion Microfinance DRHP
- Fusion Microfinance RHP
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]
| DATE | GMP | KOSTAK | Subject 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.
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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)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹3,610.52 | ₹497.05 | ₹50.67 |
| 2020 | ₹4,239.99 | ₹730.31 | ₹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
Website: www.fusionmicrofinance.com
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
Website: www.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.
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.
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1 Comments
thanks for the details guys....
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