Stock markets are booming worldwide and here is an IPO opportunity for investors to encase. Fusion Micro Finance is all out there with their IPO. As the name says it all, the company is into Micro Finance and provides lending to women who are at the bottom of the pyramid. They serve customers in rural and semi-rural markets giving them loans for entrepreneurship and small business operations. Fusion Micro Finance serves sectors such as retailers, traders, manufacturers, agriculture related businesses etc. They also offer MSME loans apart from micro loans. Fusion Micro Finance has very well presence across states. Below are the details of this IPO :
IPO Period: 2nd-4th Nov , 2022.
Price Band : Rs. 350-368 per equity share
IPO issue size : Rs. 1104 Crores approximately
Lot size : minimum 40 equity shares
Minimum amount: Rs. 14, 720 for one lot of 40 equity shares
Listing exchanges: BSE & NSE.
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