Fusion Micro Finance Limited IPO
Fusion Micro Finance Limited was a mainboard IPO in the Microfinance Institutions sector, offered at ₹350–₹368 per share to raise ₹1,104 crore. The issue was subscribed 2.95× overall (QIBs 8.59×, NIIs 1.38×, retail 0.51×). It listed on 15 Nov 2022 at ₹360 and closed its first day at ₹325, a listing loss of -11.7% versus the ₹368 issue price. It now trades around ₹129 (-64.9% versus the issue price).
Frequently asked questions
- How many times was the Fusion Micro Finance Limited IPO subscribed?
- The Fusion Micro Finance Limited IPO was subscribed 2.95× overall — 8.59× in the QIB category, 1.38× among non-institutional investors, 0.51× in retail.
- What were the Fusion Micro Finance Limited IPO listing gains?
- Fusion Micro Finance Limited listed on 15 Nov 2022 at ₹360, closing its first day at ₹325 — a listing loss of -11.7% versus the ₹368 issue price.
- What were the retail allotment odds for the Fusion Micro Finance Limited IPO?
- Retail was subscribed 0.51×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 9 Nov 2022.
- What was the price band and lot size of the Fusion Micro Finance Limited IPO?
- The price band was ₹350–₹368 per share, with a minimum lot of 40 shares (₹14,720 at the upper band).
- Who were the registrar and lead manager for the Fusion Micro Finance Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.