
Financial Services · NSE / BSE
Fusion Micro Finance Ltd focuses on empowering women entrepreneurs from economically and socially underserved communities by providing financial services and financial literacy. As one of India's fastest-growing NBFC-MFIs, it operates on a joint liability group-lending model, ensuring financial inclusion. As of June 30, 2022, the company had a significant footprint across 19 states and union territories, serving 2.90 million active borrowers through 966 branches and over 9,262 employees. With a steadily growing AUM reaching ₹73,890.23 million by mid-2022, Fusion Micro Finance plays a crucial role in driving financial independence for women in India.
Price Band
₹368
Issue Size
₹1104 Cr
Lot Size
40 shares
GMP
-0.8%
Est. Listing
₹365
at current GMP
Subscribed
2.95x
overall
Open
2 Nov 2022
Close
4 Nov 2022
Allotment
10 Nov 2022
Refund
11 Nov 2022
Demat Credit
12 Nov 2022
Listing
15 Nov 2022
Overall Subscription
2.95x
Total Demand
QIB Multiplier
8.59x
Institutions & Funds
NII / HNI
1.38x
High Net-Worth
Retail (RII)
0.51x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,956,362 | 51,152,560 | 8.59x |
| NIB | 4,625,749 | 6,362,800 | 1.38x |
| HNIs(10L +) | 3,083,832 | 4,682,400 | 1.52x |
| HNIs (2-10L) | 1,541,917 | 1,680,400 | 1.09x |
| RETAIL | 10,793,414 | 5,520,680 | 0.51x |
| Total | 26,001,274 | 69,398,840 | 2.95x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 262,498 | 133,874 | 0.51x |
| HNIs (10L +) | 1,679 | 2,317 | 1.38x |
| HNIs (2-10L) | 8,036 | 11,090 | 1.38x |
| Total Applications | 272,213 | 147,281 | 0.54x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Fusion Micro Finance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹1,103.99 Crores. The shares are offered at a price band of ₹368 to ₹368 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 40 shares (approx. ₹14,720 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-12, while un-allotted funds or UPI block mandates will be released on 2022-11-11.
Currently, Fusion Micro Finance Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹368 to ₹368 per equity share.
The retail lot size is 40 shares requiring a minimum application amount of ₹14,720. Expected listing price is ₹365 per equity share.
The Fusion Micro Finance Limited IPO aggregate issue size is ₹1,103.99 Crores with an equity price band set at ₹368 to ₹368 per equity share. The retail lot size is 40 shares requiring a minimum capital outlay of approx. ₹14,720.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.95x (Retail: 0.51x, QIB: 8.59x, NII: 1.38x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-11-10. Investors can verify status using PAN card or application number.
Fusion Micro Finance Limited shares are scheduled to list on NSE and BSE on 2022-11-15.