Fusion Micro Finance Limited
Minimum investment
Bidding date
02 Nov - 04 Nov 2022
Price range
—
Minimum quantity
40
Minimum investment
₹14,000
Issue size
—
Listing exchange
NSE/BSE
Fusion Micro Finance Ltd is engaged in providing financial services to women entrepreneurs belonging to the economically and socially deprived section of the society. The company's responsibilities are not restricted merely to financial support, but also to acquaint the clients to manage their finances by disseminating Financial Literacy to them.
Fusion MicroFinance Ltd is one of the youngest companies among the top 10 NBFC-MFIs in India in terms of AUM as of June 30, 2022.
The company has achieved a significant footprint across India, where the company has extended its reach to 2.90 million active borrowers which were served through its network of 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and union territories in India, as of June 30, 2022.
The company's business runs on a joint liability group-lending model, wherein a small number of women form a group (typically comprising five to seven members) and guarantee one another's loans.
: Well diversified and extensive pan-India presence.
: 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.
: stable and experienced management team supported by marquee investors.
Business Operations:: The extent to which the coronavirus disease ("COVID-19") may affect businesses and operations in the future is uncertain and cannot be predicted.
Financial Conditions:: An increase in the level of NPAs or provisions may adversely affect business, financial conditions, results of operations, and cash flows.
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