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Fusion Micro Finance IPO Review Summary

Review By Subscribe Neutral Avoid
Brokers 5 3 1
Members 3 1 4

Fusion Micro Finance IPO Details

IPO Open Nov 2, 2022
IPO Close Nov 4, 2022
IPO Price ₹368
Face Value ₹10
IPO Size ₹1,103.99 Cr
Listing At BSE, NSE
Lot Size 40

Fusion Micro Finance IPO Review by Brokers & Analysts

ReviewerRecommendation
Angel OneNeutral
Capital MarketNeutral
Dilip DavdaApply
Hem SecuritiesApply
ICICI DirectNot Rated
Jainam Broking limitedApply
Nirmal BangApply
Religare Broking LimitedNeutral
Swastika Investmart LtdApply
TopShareBrokers.comAvoid

Fusion Micro Finance IPO Capital Market Rating

ReviewerRating
Capital Market42

Fusion Micro Finance IPO Review by Members

Fusion Micro Finance IPO Reviews, analysis and views by popular members. Read Fusion Micro Finance Limited IPO reviews by retail investors to find recommended ipo to buy.

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Member Review
Gurudev

Avoid

Avoid

Nov 4, 2022 12:53:14 PM
Nomee

Avoid

This IPO Will Loot you, Will Koooooot you.

Nov 3, 2022 7:06:15 PM
B.M.SURANA
IPO Mentor IPO Mentor (700+ Posts, 700+ Likes)

Avoid

High Price
No Activities in
GM
[ Before applying consult with your financial advisor and do your own research ]

I Like It. 1

Nov 3, 2022 10:52:58 AM
Abhijeet Kumar

Avoid

Instead of applying in such poor quality IPO like Fusion and Global health its better to buy good quality scrips from secondary market which are trading at cheap valuations. Few of my suggestions to buy would be : Sanofi India, Johnson Control, Tamilnad Merchantile Bank, GE T&D India, Bector Foods, Railtel etc,

Nov 3, 2022 2:18:05 AM
Crow
Top Contributor Top Contributor (300+ Posts, 200+ Likes)

Neutral

Microfinance for a niche consumer base looks good on paper but is hardly a profitable business, especially in a complex country like India with its skewed demographic census. But finance firms have historically been the markets' darlings, so it's possible this may give a listing pop. How you traverse that is a question in itself. May apply based on last day's QIB subscription figures and GMP sustenance.

Nov 2, 2022 2:20:20 PM
Rajesh s.

Subscribe for Short Term at Upper Price Band

𝘈𝘱𝘱𝘭𝘺 𝘧𝘰𝘳 𝘭𝘪𝘴𝘵𝘪𝘯𝘨 𝘨𝘢𝘪𝘯.

Nov 1, 2022 1:56:09 PM
Top Contributor

Subscribe for Listing Gain at Upper Price Band

May Apply

Nov 1, 2022 9:24:50 AM
arunARUN
IPO Guru IPO Guru (1500+ Posts, 1400+ Likes)

Subscribe for Short Term at Cut-off Price

Attractive post IPO price by book value ratio of 1.35. In comprasion to listed microfinance companies it is very attractive.
In short term post listing i expect prices to run ahead of fundamentals so that is the reason for short term

Oct 29, 2022 9:21:02 AM

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