Fusion Micro Finance Ltd. IPO

The company works with the core idea of creating opportunities at the bottom of the pyramid by providing financial services to unserved and underserved women in rural and peri-rural areas across India.

RHP
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DRHP
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Open Date

2022-11-02

Close Date

2022-11-04

Fusion Micro Finance Ltd. IPO Details

Check out the issue details for Fusion Micro Finance Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 368

Price Band

₹ 350 - 368

Issue Size

1103.99 Cr.

Issue Type

Book Built

Open

2022-11-02

Close

2022-11-04

Listingprice

₹ 359.5

ListingGain

-2.31%

Listing Date

2022-11-15

CMP

₹ 175.99

Current Return

-52.18%

Fusion Micro Finance Ltd. News

Fusion Finance informs about press release16 Nov, 12:29PM Fusion Micro Finance - Quaterly Results15 Nov, 8:43PM Fusion Finance informs about details of CO and RTA15 Oct, 3:20PM Fusion Finance informs about trading window closure30 Sep, 12:42PM Fusion Finance informs about newspaper publication17 Sep, 12:35PM Fusion Finance informs about investor call7 Aug, 1:41PM Fusion Micro Fin. - Quaterly Results6 Aug, 5:56PM Fusion Micro Fin. - Quaterly Results6 Aug, 5:56PM Fusion Micro Fin. - Quaterly Results6 Aug, 5:56PM Fusion Finance informs about certificate12 Jul, 3:18PM Fusion Finance informs about certificate12 Jul, 11:37AM Fusion Finance informs about details of CO and RTA12 Jul, 11:28AM Fusion Micro Finance informs about analyst meet 19 Jun, 12:43PM Fusion Micro Finance informs about disclosure10 Jun, 5:18PM Fusion Micro Finance informs about disclosure 1 Jun, 3:01PM Fusion Micro Finance informs about investors meet8 May, 11:49AM Fusion Micro Fin. - Quaterly Results6 May, 7:48PM Fusion Micro Fin. - Quaterly Results6 May, 7:48PM Fusion Micro Finance informs about newspaper publication6 Feb, 1:17PM Fusion Micro Fin. - Quaterly Results5 Feb, 7:15PM

Company Financials

You can get the following financial statements of Fusion Micro Finance Ltd. as of now.

Exchange

NSE: FUSION BSE: 543652

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Fusion Micro Finance Ltd IPO is as:

  • The issue size of the IPO is 1103.99 Cr.
  • The price band for Fusion Micro Finance IPO is Rs 350 to Rs 368.
  • The shares of Fusion Micro Finance IPO will list on 15th November 2022.
  • The latest tentative GMP of Fusion Micro Finance IPO is Rs 5.
  • The shares of Fusion Micro Finance IPO is subscribed 2.95 Times as of 4rth November 2022.

Fusion Micro Finance Ltd IPO Valuation

The approx valuation of Fusion Micro Finance Ltd IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 368
Existing Shares (Qty) 8.43 Cr
Fresh Issue (Amount) 600 Cr
Market Cap 3702.24 Cr
EPS  Rs 2.67
PE Ratio 114.50x

 

Fusion Micro Finance Ltd IPO Issue Size

Fusion Micro Finance Ltd IPO issue size is 1103.99 Cr.

Issue Amount
Fresh Issue 600 Cr
Offer For Sale 503.99 Cr

 

Fusion Micro Finance IPO Market Lot

An Individual can apply for a minimum 1 lot of 40 shares and a maximum of 13 lots of 520 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 40 Rs 14,720
 Maximum 13 520 Rs 1,91,360

 

Fusion Micro Finance IPO Offer

The shares of Fusion Micro Finance IPO is subscribed 2.95 Times as of 4rth November 2022. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 8.59 Times
Non-Institutional Minimum 15% 1.38 Times
Retail Individual Minimum 35% 0.51 Times
Total   2.95 Times

 

Fusion Micro Finance Ltd IPO Grey Market Premium

As on GMP (Tentative)
9 November 2022 Rs 5
10 November 2022 Rs 5
11 November 2022 Rs 5
12 November 2022 Rs 5
14 November 2022 Rs 5

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Fusion Micro Finance Ltd IPO:

Schedule Date
Basis of Allotment 10 Nov 2022
Refunds 11 Nov 2022
Credit to Demat Account 14 Nov 2022
IPO Listing Date 15 Nov 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 720.26 855.81 1151.27 1741.92 2316.73
Total Expenditure 290.07 437.3 675.59 637.8 949.32
Operating Profit 430.2 418.51 475.68 1104.12 1367.41
Other Income 10.05 17.28 54.47 65.9 95.69
Interest 337.67 375.1 500.35 650.63 790.83
Depreciation 2.58 3.89 5.37 7.41 9.01
Exceptional Items 0 0 0 0 0
Profit Before Tax 100 56.79 24.43 511.98 663.26
Provision for Tax 30.39 12.85 2.67 124.83 157.97
Net Profit 69.61 43.94 21.76 387.15 505.29
Adjusted EPS (Rs.) 0.88 0.56 0.26 3.86 5.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 78.95 79.04 82.76 100.35 100.62
Total Reserves 1119.94 1167.32 1255.19 2221.57 2747.53
Borrowings 2733.81 4054.79 5641.42 6778.4 8615.9
Other N/C liabilities -30.5 -72.26 -86.76 -77.74 -91.67
Current liabilities 307.3 532.52 311.11 263.22 310.27
Total Liabilities 4209.49 5761.41 7203.73 9285.8 11682.65
Assets
Net Block 6.05 18.28 19.19 20.96 31.44
Capital WIP 0 0 0 0.25 0
Intangible WIP 0 0 0 0 2.18
Investments 0.5 0 0 0 2
Loans & Advances 13.45 14.31 38.05 44.4 10.23
Other N/C Assets 3342.97 4360.73 5920.99 8041.56 9947.87
Current Assets 846.53 1368.08 1225.49 1178.63 1688.93
Total Assets 4209.49 5761.41 7203.73 9285.8 11682.65
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 24.62 20.21 29.15 18.36 12.16
Profit Before Tax 165.59 166.5 171.71 -50.72 -410.21
Tax 39.9 40.05 39.02 -15.1 -105.17
Profit After Tax 125.69 126.45 132.69 -35.62 -305.04
Adjusted EPS (Rs) 12.51 12.58 13.19 -3.54 -30.31

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 57.71 4.48
Jun 2024 57.71 2.78
Mar 2024 57.71 2.78
Dec 2023 57.7 2.78
Sep 2023 67.92 2.36
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 100 56.79 24.43 511.98 663.26
Adjustment 65.43 202.09 292.91 90.87 205.14
Changes in Assets & Liabilities -871.23 -998.33 -1916.39 -2152.9 -2080.84
Tax Paid -43.63 -53.58 -41.67 -112.99 -137.9
Operating Cash Flow -749.43 -793.03 -1640.73 -1663.04 -1350.34
Investing Cash Flow 20.05 9.56 18.48 17.85 31.48
Financing Cash Flow 545.08 1459.22 1418.2 1584.18 1843.19
Net Cash Flow -184.3 675.75 -204.05 -61.01 524.33
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