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Fusion Microfinance IPO Date, Price, Review, Strength and Risks

Fusion Microfinance IPO Date, Price, Review

Fusion Microfinance IPO: Know everything about Fusion Microfinance IPO. Fusion Microfinance International Limited IPO Date, Fusion Microfinance Ltd IPO Review and analysis. We will discus about Fusion Microfinance IPO Benefits & Risks. Also, all information related to Fusion Microfinance IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Fusion Microfinance IPO

    Fusion Microfinance IPO

    Fusion Microfinance Limited primarily provides its solutions in the rural markets, which include loans and financial products. 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 1103.99 crore through IPO (Initial public offering).

    Fusion Microfinance IPO will open on 02 November 2022 and close on 04 November 2022. The price band of the Fusion Microfinance IPO is ₹350 to ₹368. Harsha Engineer's IPO size is 1103.99 Crores. The offer includes - Crores under fresh issue and - Crores under offer for sale. Fusion Microfinance IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Fusion Microfinance IPO listing date is 15 November 2022. You can know about Fusion Microfinance IPO GMP (Grey Market Premium) below.

    Fusion Microfinance has given good financial performance. The company made a profit of ₹21.76 crores in the financial year 2022 (March 2021). The IPO of Fusion Microfinance will be listed on NSE and BSE. Fusion Microfinance IPO face value is ₹10 per equity share.

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

    What is Fusion Microfinance IPO Date?
    Fusion Microfinance IPO Date is 02 November 2022.

    What is Fusion Microfinance IPO Price Band?
    Fusion Microfinance IPO Price Band is ₹350 to ₹368.

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

    About Fusion Microfinance International Ltd

    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

    • To prepay/repay all or a part of the dues raised by the company.
    • To finance capital expenditure requirements for the purchase of new machinery.
    • To meet general corporate objectives.

    Fusion Microfinance IPO Date and Price Band Details

    Fusion Microfinance IPO open date is 02 November 2022, the Closing date is 04 November 2022, and the Listing date is 15 November 2022. The price band of Fusion Microfinance IPO is ₹350 to ₹368 per share. Harsha Engineer's IPO issue size is Rs 1103.99 crores. Fusion Microfinance IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:02 November 2022
    IPO Close:04 November 2022
    Listing Date:15 November 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹1103.99 crores
    Fresh Issue:Approx ₹- crores
    Offer For Sale:Approx ₹- crores
    Price Band:₹350 to ₹368 per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Fusion Microfinance IPO Lot Size Details

    Fusion Microfinance IPO's minimum lot size is 40 shares with ₹14,720 application amount and the maximum lot size is 520 shares with ₹191,360 application amount.
    Minimum Lot:01
    Minimum Lot Size:40 Shares
    Minimum Amount:₹14,720
    Maximum Lot:13
    Maximum Lot Size:520 Shares
    Maximum Amount:₹191,360

    Fusion Microfinance IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:02 November 2022
    IPO Closing Date:04 November 2022
    Basis of Allotment:10 November 2022
    Refund Date:11 November 2022
    Credit to Demat Account:14 November 2022
    Listing Date:15 November 2022

    Fusion Microfinance IPO Review

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    You can also check latest IPO subscription status and IPO allotment status of Fusion Microfinance IPO on our website.

    Fusion Microfinance Ipo Rating

    [Rated by HappiestPost.com]

    Review For Listing Gain

    Review For Short term

    Review For Long term


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


    • An increase in the Non-Performing Assets (NPA) or provisions of the Company, may have a negative impact on the Company in the 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 its access to financing and credit markets.

    Fusion Microfinance Ltd Financials

    Fusion Microfinance Financials(in Crores)

    YearTotal AssetsRevenueProfit
    Mar 2020₹4239.99₹730.31₹69.61
    Mar 2021₹5837.93873.09₹43.94
    Mar 2022₹7290.48₹1201.35₹21.76
    Jun 2022₹7615.24₹360.45₹75.1


    The promoters of the company are:
    • 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, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli (West)
    Mumbai 400 083, Maharashtra
    Telephone: +91 22 4918 6200
    Email: fusion.ipo@linkintime.co.in


    There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2022, the company had a profit of Rs 21.76 crore. Our suggestion will be updated when the Fusion Microfinance Limited IPO starts. Fusion Microfinance Limited IPO financial details and other information are given above.

    Fusion Microfinance IPO FAQs

    What is Fusion Microfinance IPO Price Band?
    Fusion Microfinance IPO Price Band is ₹350 to ₹368.

    What is the Fusion Microfinance IPO Opening Date?
    Fusion Microfinance IPO Opening date is 02 November 2022.

    What is the Fusion Microfinance IPO Closing Date?
    Fusion Microfinance IPO Closing date is 04 November 2022.

    What is the Fusion Microfinance IPO Allotment date?
    Fusion Microfinance IPO Allotment Date is  10 November 2022.

    What is the Fusion Microfinance IPO Listing Date?
    The Fusion Microfinance IPO Date is 15 November 2022.

    What is Fusion Microfinance IPO issue size?
    Fusion Microfinance IPO issue size is ₹1103.99.

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

    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 the 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 the Quantity and Price. (we recommend, that 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 then, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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