Fusion Micro Finance IPO
NBFC/MFI - Listed on 15 November 2022
Fusion Micro Finance IPO listing summary
Fusion Micro Finance (NBFC/MFI) closed its IPO window in 2022 and listed on NSE and BSE on 15 November 2022 at an upper band issue price of Rs 368, opening at Rs 324.8 for a listing gain of -11.7% and closing day one at Rs 348 (-5.4% on closing basis). The IPO was subscribed 22.19x overall - QIB 64.23x, HNI/NII 15.21x, Retail 2.14x. The total issue size was Rs 852.53 Cr (Fresh Issue Rs 400 Cr, OFS Rs 452.53 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Fusion Micro Finance IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 35 | +9.51% |
| Day 2 | Rs 35 | +9.51% |
| Day 3 | Rs 35 | +9.51% |
| Day 4 | Rs 35 | +9.51% |
| Day 5 | Rs 10 | +2.72% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Fusion Micro Finance IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Fusion Micro Finance IPO - FAQs
What was the listing gain of Fusion Micro Finance IPO?
Fusion Micro Finance IPO listed at -11.7% versus the upper issue price of Rs 368 on 15 November 2022.
How many times was Fusion Micro Finance IPO subscribed?
Fusion Micro Finance IPO was subscribed 22.19x overall. QIB portion was subscribed 64.23x, HNI / NII 15.21x and Retail 2.14x.
What was the IPO GMP for Fusion Micro Finance?
IPO GMP started at Rs 35 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.