Fusion Micro Finance Ltd IPO

  • Min. Investment14000/ 40 Shares
  • Min. Quantity40
  • Price Range₹350 - ₹368
  • Date Range02 Nov 22 - 04 Nov 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date02 Nov 2022
  • Application End Date04 Nov 2022
  • Allotment begins
  • Refund Initiation Date11 Nov 2022
  • Allotment Date10 Nov 2022
  • Listing On Exchange15 Nov 2022
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.+91 22 4918 6200
  • Email IDfusion.ipo@linkintime.co.in
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY20 FY21 FY22
(Rs Crore)
Revenue 720.26 855.81 1151.27
Net Profit 69.61 43.94 21.76
Total Assets 901.17 1486.5 1395.27
Strengths
  • Its well diversified and extensive pan-India presence;
  • Its proven execution capabilities with strong rural focus;
  • Access to diversified sources of capital and effective asset liability management;
  • Robust underwriting process and risk management policies
  • Technologically advanced operating model;
Risks
  • The extent to which the Coronavirus disease ("COVID-19") may affect its business and operations in the future is uncertain and cannot be predicted.
  • The microfinance industry in India faces unique risks due to the category of borrowers that it services, which are generally not associated with other forms of lending.
  • Its business is particularly vulnerable to interest rate risk, and volatility in interest rates could have an adverse effect on its net interest income and net interest margin, thereby affecting its results of operations and cash flows.
  • The company is subject to laws and regulations governing the financial services industry and its operations in India and changes in, and differing interpretations of, laws and regulations governing it could adversely affect its business, results of operations and prospects.
  • An increase in the level of our NPAs or its provisions may adversely affect its business, financial condition, results of operations and cash flows.
Opportunities
  • Deepen, Strengthen and Expand Geographic Presence
  • Continue to Invest in Technology to Enhance Operational Efficiency and Optimize Costs
  • Leverage its Network, Domain Expertise and Data to Enhance Product Offering
  • Continue to Diversify Borrowing Mix and Reduce Cost of Funds
  • Deepen, Strengthen and Expand Geographic Presence
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).