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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
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Fusion Micro Finance IPO Date & Price

The Fusion Micro Finance IPO opens on Nov 2, 2022 and closes on Nov 4, 2022.

Fusion Micro Finance IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Nov 2, 2022
  • Bid/Offer Closes On: Nov 4, 2022
  • Finalization of Basis of Allotment: Nov 10, 2022
  • Initiation of refunds: Nov 11, 2022
  • Credit of Equity Shares: Nov 14, 2022
  • Listing Date: Nov 15, 2022

Fusion Micro Finance IPO price is set at ₹368 per equity share.

Fusion Micro Finance IPO will close for subscription at 5 PM on Nov 4, 2022. But most brokers stop accepting application between 1 PM to 3 PM.

The Fusion Micro Finance IPO starts on Nov 2, 2022. The issue ends on Nov 4, 2022.

Fusion Micro Finance IPO Issue Size and Subscription Status

The Fusion Micro Finance IPO size is Equity Shares of ₹10 aggregating up to ₹1,103.99 Cr.

Fusion Micro Finance Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Fusion Micro Finance IPO shares through the banks (using ASBA) or through the broker (using UPI).

Fusion Micro Finance IPO Offer Size

Qualified Institutional Buyers (QIB)5,956,362 Shares
Non-Institutional Investors (NII)4,625,749 Shares
Retail Individual Investor (RII)10,793,414 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size21,375,525 Shares

Fusion Micro Finance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)8.59 times times
Non-Institutional Investors (NII)1.38 times times
Retail Individual Investor (RII)0.51 times times
Employee Reservations times
Other Reservations times
Total Issue Size2.95 times times

Click here to check the Fusion Micro Finance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Fusion Micro Finance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Fusion Micro Finance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Fusion Micro Finance IPO Allotment and Listing

The Fusion Micro Finance IPO allot status will be available online on Nov 10, 2022. Check the Fusion Micro Finance IPO Allotment Status here.

Click here to check Fusion Micro Finance IPO Allotment Status.

Fusion Micro Finance IPO listing Date is Nov 15, 2022. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Fusion Micro Finance IPO listing date and time is published by the exchange in a circular.

Click here to view the Fusion Micro Finance IPO Basis of Allotment.

It is hard to say at what price Fusion Micro Finance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Fusion Micro Finance IPO shares will list on Nov 15, 2022 at BSE, NSE.

Fusion Micro Finance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Fusion Micro Finance IPO which could help you with questions like Fusion Micro Finance IPO buy or not? You should also read Fusion Micro Finance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Fusion Micro Finance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Fusion Micro Finance IPO performance. The performance reports are available 1 day after listing.