Fusion as an organization was set-up in 2010 & is a registered NBFC –MFI which operates in a Joint Liability Group lending model of Grameen.
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.
Fusion Micro Finance Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 02 Nov 2022 |
| IPO Close Date | 04 Nov 2022 |
| Allotment Date | 13 Nov 2022 |
| IPO Listing Date | 15 Nov 2022 |
Fusion Micro Finance Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 350 to Rs. 368 Per Equity Share |
| Market Lot | 40 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 1104 Crore. |
Fusion Micro Finance Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 40 | Rs. 14720 |
| Maximum | 13 | 520 | Rs. 191360 |
| Small HNI (Minimum) | 14 | 560 | Rs. 206080 |
| Big HNI (Minimum) | 68 | 2720 | Rs. 1000960 |
Fusion Micro Finance Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Fusion Micro Finance Limited IPO
Click Here To Get ASBA Forms Fusion Micro Finance Limited IPO
Company Financials:
| Particular | 31 March 2022 | 31 March 2021 | 31 March 2020 |
| Total Assets | 7290.48 | 5824.87 | 4239.99 |
| Total Revenue | 1201.35 | 873.09 | 730.31 |
| Profit After Tax | 21.76 | 43.94 | 69.61 |
Company Promoters:
The promoters of the Company, namely, Devesh Sachdev, Creation Investments Fusion, LLC, Creation Investments Fusion II, LLC and Honey Rose Investment Ltd.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Fusion Micro Finance Limited H-1, C Block, Community Centre, Naraina Vihar, New Delhi, 110028 Phone: +91- 011-46646600 Email: companysecretary@fusionmicrofinance.com Website: https://fusionmicrofinance.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: fusion.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
