Fusion Micro Finance IPO

Fusion Micro Finance Ltd.

₹14,000 /40 sharesMinimum Investment

Fusion Micro Finance IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
2 Nov ‘22 - 4 Nov ‘22₹14,00040₹350 - ₹368
Issue SizeIPO Doc
1104.00Cr
RHP PDF

Subscription Status As on 04 Nov '22, 4:22 PM

  • Retail Individual Investor
    0.50x
  • Non-Institutional Investor
    1.38x
  • Qualified Institutional Buyers
    8.59x
  • Total
    2.94x

About Fusion Micro Finance

Fusion Micro Finance provides financial services to unserved and underserved women in rural and peri-rural areas across India. It has achieved a significant footprint across India, where it has extended its reach to 2.12 million active borrowers who it serves through a network of 725 branches and 6,351 permanent employees spread across 326 districts and 18 states and union territories in India. The company’s extensive and geographically diverse distribution network allows it to offer last-mile connectivity to its customers in remote rural areas.;
Parent Organisation
Fusion Micro Finance Ltd.
Founded
1994
Managing Director
Devesh Sachdev
3 new IPOs: Fusion Micro Finance IPO | Bikaji Foods IPO | Global Health IPO - Should you invest?

Strengths & Risks

  • Well-diversified and extensive pan-India presence.
  • Proven execution capabilities with a strong rural focus.
  • Access to diversified sources of capital and effective asset liability management.
  • Robust underwriting process and risk management policies.
  • Technologically advanced operating model.
  • Stable and experienced management team supported by marquee investors.
  • Risks due to the category of borrowers that it services.
  • Vulnerability to interest rate risks.
  • An increase in the level of its NPAs.
  • Any disruption in its sources of funding or increase in costs of funding.
  • Inability to manage its growth effectively or sustain its historical growth rates.
  • Inability to obtain or maintain various statutory and regulatory approvals, licenses, registrations, and permissions to conduct its business.
  • Lack of access to capital preventing it from maintaining the required capital-to-risk-weighted assets ratio.
  • Any non-compliance with mandatory AML and KYC policies.
  • Any failure, inadequacy, and security breach in our information technology systems.
  • The threat of fraud and cyber-attacks targeted at disrupting our services, such as hacking, phishing, and theft of sensitive internal data or customer information.
  • Any downgrade of its credit ratings constraining its access to capital and debt markets.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular350 - 368₹2 Lakh
For Fusion Micro Finance IPO, eligible investors can apply as Regular.
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