Fusion Micro Finance Ltd |
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| 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.
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| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 02-Nov-22 |
04-Nov-22 |
( )368.00 |
( )368.00 |
( )0.00 |
| Minimum Application for shares in Nos :40 Further Multiples of :40 |
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( Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
| CLSA India Pvt Ltd | | ICICI Securities Ltd | | IIFL Securities Ltd | | JM Financial Ltd |
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| Project Financed through Current Offer |
1103.99 |
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| Post Issue Equity Share Capital |
100.63 |
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| Face Value |
10 |
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| Issue Price |
( )368.00 |
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