₹799.86 Crores | Listing at BSE, NSE | Tue, Apr 15, 2025 - Fri, Apr 25, 2025
Fusion Finance Ltd Rights Issue comprises 6.11 Cr equity shares aggregating to ₹799.86 Cr, offered at an issue price of ₹131 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Apr 4, 2025, with the Rights Issue being offered in the entitlement ratio of 55 : 91.
The term of payment is defined as following : 50% of the amount shall be payable at the time of the application, and the rest 50% of the amount shall be payable on one or more subsequent calls as may be decided by the board.
The Rights Entitlements are expected to be credited to eligible demat accounts on May 2, 2025.
The Rights Issue opens on Apr 15, 2025, and closes on Apr 25, 2025, with renunciation of Rights Entitlements permitted up to Apr 21, 2025.
The deemed date of allotment is May 2, 2025, following which the equity shares are expected to be credited to demat accounts on May 6, 2025 and listed at the NSE and the BSE on May 9, 2025.
IIFL Capital Services Ltd. is the Lead Manager to the issue and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Fusion Finance Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Fri, Apr 4, 2025
Entitlement Ratio
55 : 91
Open Date
Tue, Apr 15, 2025
Close Date
Fri, Apr 25, 2025
50% of the amount shall be payable at the time of the application, and the rest 50% of the amount shall be payable on one or more subsequent calls as may be decided by the board.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 11,774.32 | 9,363.54 |
| Revenue | 2,412.42 | 1,799.97 |
| Profit After Tax | 506.52 | 387.46 |
| Amount in ₹ Crore | ||
Incorporated in 2010, Fusion Finance Limited, formerly known as Fusion Micro Finance Ltd, is a non-banking financial company (NBFC) and microfinance institution (MFI).
The company is dedicated to providing financial services to underserved women entrepreneurs in rural and semi-urban areas, aiming to enhance their economic opportunities and improve their quality of life.
The company offers microfinance loans, MSME loans, machinery loans, and small business loans, focusing on providing financial services to unbanked women entrepreneurs.
The company operates a network of 1,463 branches and 16,186 permanent employees spread across 483 districts in 22 states and union territories in India, as of September 30, 2024.
Beyond financial support, Fusion Finance emphasizes financial literacy, offering programs on household budgeting, saving, debt management, and investment to its clients.
The Company proposes to utilize the Net Proceeds towards augmenting its capital base.
[Dilip Davda] FFL is primarily engaged in to MFI segment. After posting profits for FY23 and FY24, it marked losses for 9M of FY25. Based on its recent financial data and the market trends of its counter, the issue appears aggressively priced. Higher NPAs. Debt equity ratio raise concerns. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
Fusion Finance Rights Issue March 2025 got oversubscribed by 1.53 times by the end of the bidding period with total bid quantity received by BSE and NSE of 9,32,31,926 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Apr 25 2025 17:00:00 | 7,54,26,341 | 1,78,05,585 | 9,32,31,926 | 1.53x |
Fusion Finance Ltd
H-1, C Block,
Community Centre,
Naraina Vihar, New Delhi, 110028
New Delhi, New Delhi, 110028
The Fusion Finance Rights Issue March 2025 opens on Tue, Apr 15, 2025, and closes on Fri, Apr 25, 2025.
Fusion Finance Rights Issue March 2025 Schedule
| Last Date for credit of Rights Entitlements | Wed, Apr 9, 2025 |
| Last Date for renunciation of Rights Entitlements | Mon, Apr 21, 2025 |
| Issue Opening Date | Tue, Apr 15, 2025 |
| Issue Closing Date | Fri, Apr 25, 2025 |
| Date of Allotment (on or about) | Fri, May 2, 2025 |
| Date of Credit (on or about) | Tue, May 6, 2025 |
| Date of Listing (on or about) | Fri, May 9, 2025 |
You can apply for Fusion Finance Rights Issue March 2025 in two ways:
Steps to apply for Fusion Finance Rights Issue March 2025 using Net Banking (ASBA)
Steps to apply for Fusion Finance Rights Issue March 2025 using Registrar's website (R-WAP)
