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Fusion Micro Finance Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹368
Per Share
GMP
NIL
Grey Market
Est. Listing
₹368
Expected Price
Min. Application
₹29,440
2 lots × 40 shares
IPO Issue Details
Issue Price / Price Band₹368 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size40 Shares per Lot
Total Issue Size2,99,99,813 shares (aggregating up to ₹1,103.99 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 02 Nov 2022
Subscription CloseFri, 04 Nov 2022
Anchor AllotmentTue, 01 Nov 2022
Basis of AllotmentThu, 10 Nov 2022
Initiation of RefundsFri, 11 Nov 2022
Credit of Shares to DematMon, 14 Nov 2022
Listing DateTue, 15 Nov 2022
UPI Mandate Deadline2022-11-04
Application & Investment Details
Retail — Min (1 Lots)₹14,720 — 40 shares
Retail — Max (13 Lots)₹191,360 (13 Lots)
HNI — Min (14 Lots)₹2,06,080 — 560 shares
P/E Ratio (Pre-IPO)12.33x
Pre-IPO Promoter Holding8,43,26,388 shares
Post-IPO Promoter Holding10,06,30,735 shares
Fresh Issue Shares1,63,04,347 shares (aggregating up to ₹600.00 Cr)
Offer for Sale Shares1,36,95,466 shares of ₹10 (aggregating up to ₹503.99 Cr)
About Fusion Micro Finance Ltd.

Incorporated in 1994, Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. The company's responsibilities are not restricted merely to financial support, but also to acquaint the clients to manage their finances by disseminating Financial Literacy to them.Fusion Micro Finance Ltd is one of the youngest companies among the top 10 NBFC-MFIs in India in terms of AUM as of June 30, 2022.The company have achieved a significant footprint across India, where the company have extended its 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's business runs on a joint liability group-lending model, wherein a small number of women form a group (typically comprising five to seven members) and guarantee one another's loans.As of June 30, 2022 and March 31, 2022, 2021 and 2020, our total AUM was Rs. 73,890.23 million, Rs. 67,859.71 million, Rs. 46,378.39 million and Rs. 36,065.24 million, respectively.Competitive 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.

Objects of the Issue

Fusion Micro Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Augment the capital base of the Company
569.37
Shareholding & Lock-in
Pre-IPO Promoter Holding 8,43,26,388 shares
Post-IPO Promoter Holding 10,06,30,735 shares
Lock-in Period (30%)December 10, 2022
Lock-in Period (50%)February 8, 2023
Check AllotmentCheck Status →
Fusion Micro Finance Ltd. — Live Price LIVE
₹368.00
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Issue ₹368.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹368
GMPNIL
Est. Listing₹368
Lot Size40 shares
Min Amount₹29,440
Listing Date15 Nov 2022
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹368
Listing Date15 Nov 2022
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 29,999,813 100.00% ₹1,103.99 Cr
* Based on ₹368.00 (upper price band)
Lot Size & Investment Details
Lot Size
40
Shares
Issue Price
₹368.00
Per Share
Min Investment
₹14,720
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 40 ₹14,720
Retail (Max) 13 520 ₹191,360
sNII (Min) 14 560 ₹206,080
bNII (Min) 68 2,720 ₹1,000,960
Company Financials — Restated Consolidated (Amount In Crore)
Particulars31-Mar-2031-Mar-2130-Jun-21
Revenue from Operations 730.31 873.09 264.96
EBITDA N/A N/A N/A
Profit After Tax (PAT) 69.61 43.94 4.41
Net Worth 1198.89 1246.36 1251.65
Total Assets 4239.99 5837.93 5824.87
Reserves & Surplus N/A N/A N/A
Total Borrowings 2973.68 4432.25 4422.65
Key Ratios & Valuation
Issue Price ₹368
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Fusion Micro Finance Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
H-1, C Block, Community Centre, Naraina Vihar, New Delhi, 110028 New Delhi, New Delhi
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