FUSION MICROFINANCE IPO

 



Issue Date :- 02 Nov - 04 Nov 2022

Issue Size :- Rs. 1,103.99 crore 

Lot Size :- 40 Shares 

Face Value :- Rs. 10 Per share 

Price Band :- Rs. 350-368 Per Share

Retail Quota :- 35% of net offer 

Application Amount :- Rs. 14,720


     Fusion Microfinance Tentative Dates  


       Allotment Dates :- Nov 10, 2022 

      Initiation of Refunds :- Nov 11 , 2022
 
     Credit of shares to Demat Acc :-  Nov 14 , 2022

     IPO Shares Listing Date :- Nov 15 , 2022

About the Company

Incorporated in 1994 , Fusion Microfinance Ltd. engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society , Fusion Microfinance 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 in 19 states and union territories in india , as of june 30 , 2022


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 .

OBJECTIVES OF THE ISSUE 

  • The selling shareholders will be entitled to their respective portion of the proceeds of the offer for sale .
  • Augment the capital base of the company . 


SUMMARY OF FINANCIAL INFORMATION 









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