Business Standard

Fusion Micro Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,103.99 cr

Price Range (₹)

368

Lot Size

40

Min Investment (₹)

14,720.00

Listing Exchange

MumbaiNSE

Open Date

02-Nov-2022

Close Date

04-Nov-2022

Listing Date

15-Nov-2022

Fusion Micro Finance Ltd News

    The Shares of Fusion Micro Finance Ltd have now been listed.

    Fusion Micro Finance Ltd IPO Details

    Initial public offering of 29,999,813 equity shares* of face value of Rs. 10 each (Equity Shares) of Fusion Micro Finance Limited (The Company or the Issuer) for cash at a price of Rs. 368 per equity share including a securities premium of Rs. 358 per equity share (the Offer Price) aggregating to Rs. 1103.99 crores (the Offer). The offer comprises of a fresh issue of 16,304,347 equity shares* by the company aggregating to Rs. 600.00 crores (the Fresh Issue) and an offer for sale by Devesh Sachdev, Mini Sachdev, Honey Rose Investment Ltd, Creation Investments Fusion, llc, Oikocredit Ecumenical Development Cooperative Society u.a., and Global Impact Funds, s.c.a., Sicar (the Selling Shareholders), of 650,000 equity shares, 100,000 equity shares, 1,400,000 equity shares, 1,400,000 equity shares, 6,606,375 equity shares and 3,539,091 equity shares, respectively, aggregating to Rs. 503.99 crores (The Offer for Sale). The offer shall constitute 29.81% of the post-offer paid-up equity share capital of the company. *Subject to finalisation of basis of allotment The face value of the equity share is Rs. 10. The offer price is 36.80 times the face value of the equity shares. Bids can be made for a minimum of 40 equity shares and in multiples of 40 equity shares thereafter.

    Objective of issue

    Augment the Capital base of the Company.

    Fusion Micro Finance Ltd Contact Details

    Fusion Micro Finance Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - companysecretary@fusionmicrofinance.com

    Website - www.fusionmicrofinance.com