Fusion Micro Finance Limited
02 Nov 2022 – 04 Nov 2022
LISTED
Offer Price
₹350–368
Bid lot
40
Min Application
₹14,720
Issue Size
₹1,104 Cr
Key dates
Open date
02 Nov 2022
Done
Close date
04 Nov 2022
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
15 Nov 2022
Today
Issue reservation
₹1,104 CrQIB 50%Retail 35%
QIB
1.50 Cr sh · ₹552.00 Cr
Retail
1.05 Cr sh · ₹386.40 Cr
BRLM: IIFL Securities Limited / ICICI Securities Limited /CLSA India Private Limited · JM Financial Limited
Lot ladder — how much to bid
1 lot = 40 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
40 sh · ₹14,720
Max · 13 lots
520 sh · ₹1,91,360
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
560 sh · ₹2,06,080
Max · 67 lots
2,680 sh · ₹9,86,240
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
2,720 sh · ₹10,00,960
Entry point
₹10,00,960 onward
Issue details
Lead managersIIFL Securities Limited / ICICI Securities Limited /CLSA India Private Limited, JM Financial Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
5.26×
0×1×2×3×+
Oversubscribed
Book₹938.40 Cr
Subscribed₹4,939 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,50,00,000₹552.00 Cr | 12,88,50,000₹4,742 Cr | 8.59× |
| HNI | 45,00,000₹165.60 Cr | 62,10,000₹228.53 Cr | 1.38× |
| Retail | 1,05,00,000₹386.40 Cr | 53,55,000₹197.06 Cr | 0.51× |
| Total | 2,55,00,000₹938.40 Cr | 13,42,05,000₹4,939 Cr | 5.26× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 4,741.68 |
| HNI | 228.53 |
| Retail | 197.06 |
| Total | 4,938.74 |
Amounts at the upper band (₹368). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Fusion Micro Finance Limited IPO?
One lot of 40 shares — ₹14,720 at the upper price band of ₹368.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2022-11-15 on NSE.