homemarket NewsFusion Microfinance IPO to open on November 2

Fusion Microfinance IPO to open on November 2

Fusion Microfinance IPO to open on November 2
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By PTI Oct 27, 2022 6:34:07 PM IST (Published)

The Fusion Microfinance IPO comprises fresh issuance of equity shares worth Rs 600 crore and an offer of sale of 13,695,466 equity shares by promoters and existing shareholders.

The initial share sale of microlender Fusion Microfinance, backed by global private equity major Warburg Pincus, will open for public subscription on November 2.

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The initial public offering (IPO) will conclude on November 4. The bidding for anchor investors will open on November 1, according to the red herring prospectus (RHP).
The IPO comprises fresh issuance of equity shares worth Rs 600 crore and an offer of sale of 13,695,466 equity shares by promoters and existing shareholders.
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