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Fusion Micro Finance IPO IPO

Mainline2 Nov 20224 Nov 2022
Open
2 Nov 2022
Close
4 Nov 2022
3
Allotment
Listing
Tue, Nov 15, 2022
Price Band
₹350 to ₹368
Issue Size
2,99,99,813 shares (agg. up to ₹1,104 Cr)
Lot Size
40 Shares
Listing Date
Tue, Nov 15, 2022
Latest GMP
₹-4
Est. Gain
-1.09%
✦ AI Insight

GMP Trend

15-11-2022-4Est. ₹364-1.09%
14-11-2022-2Est. ₹366-0.54%
13-11-20227Est. ₹375+1.9%

Live Subscription

CategorySubscription (times)
Total2.35x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 2020
Assets7,615.247,290.485,824.875,837.934,239.99
Total Income360.451,201.35264.96873.09730.31
Profit After Tax75.1021.764.4143.9469.61
NET Worth1,416.471,337.951,251.651,246.361,198.89
Total Borrowing6,009.975,775.814,422.654,432.252,973.69
Amount in ₹ Crore

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Augment the capital base of the Company569.37

About Fusion Micro Finance IPO

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. Comp

Contact Details

Fusion Micro Finance Ltd. AddressH-1, C BlockCommunity Centre, Naraina ViharNew Delhi, New Delhi, 110028+91- 011-46646600companysecretary@fusionmicrofinance.comVisit Website