Fusion Microfinance IPO: Check GMP ahead of shares listing next week
2 years, 2 months ago

Fusion Microfinance IPO: Check GMP ahead of shares listing next week

Live Mint  

The Initial Public Offering of Fusion Micro Finance was subscribed 2.95 times on Friday, the last day of subscription that concluded on November 4, 2022. As per market observers, Fusion Microfinance shares are commanding a premium of ₹7 in the grey market today. The shares of the company are expected to list on stock exchanges BSE and NSE next week on Tuesday, November 15, 2022. Fusion Microfinance IPO had a fresh issue of up to ₹600 crore and an offer for sale of up to 1,36,95,466 equity shares. The New Delhi-based microfinance company claims to provide financial services to underserved women across India in order to facilitate their access to greater economic opportunities.

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