Exchanges
BSE, NSE
Issue
Book building

Fusion Micro Finance IPO

₹324.80

−11.74% on listing

Listing-day close · NSE · 15 Nov 2022 · issue price ₹368

Fusion Micro Finance’s ₹1,104 crore IPO was priced at ₹368 a share. It listed on the NSE on 15 Nov 2022 and closed its first day at ₹324.80, down 11.74% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,104 Cr
Fresh issue
₹600 Cr
Offer for sale
₹504 Cr
Lot size
40 shares
Minimum investment
₹14,720
Face value
₹10
Registrar
MUFG Intime India

Subscription

Fusion Micro Finance IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—2.35×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,703 Cr
P/E (post-issue)
12.3
EPS (post-issue)
₹29.85
Price to book
2.3
ROE
1.68%
Debt to equity
1.20
Promoter holding
85.57% → 68.18%

Financials as of 31 Mar 2022, from the offer documents.

Listing

Listing date
15 Nov 2022
Issue price
₹368
Open
₹359.50
High
₹364.80
Low
₹321.10
Close
₹324.80

Listing day on the NSE. The close was −11.74% on the issue price.

FAQs

When did the Fusion Micro Finance IPO open and close?

It opened on 2 Nov 2022 and closed on 4 Nov 2022.

What was the Fusion Micro Finance IPO price?

The price band was ₹350–368 a share. The final issue price was ₹368.

What is the lot size and minimum investment?

One lot is 40 shares, ₹14,720 at ₹368 a share. Retail investors apply in whole lots.

How much did Fusion Micro Finance raise?

₹1,104 crore: ₹600 crore of new shares and ₹504 crore offered by existing shareholders.

How many times was the Fusion Micro Finance IPO subscribed?

2.35 times overall.

How did Fusion Micro Finance list?

It listed on the NSE on 15 Nov 2022 at ₹359.50 and closed the day at ₹324.80, down 11.74% on the ₹368 issue price.

Who is the registrar of the Fusion Micro Finance IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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