Fusion MicroFinance IPO Subscribed 2.95 Times On Final Day

The Fusion MicroFinance IPO was subscribed 2.95 times on Nov. 4.

Fusion MicroFinance Ltd. launched its maiden public offering on Wednesday, as it looks to raise up to Rs 1,100 crore. It was subscribed 2.95 times, on the final day of its initial public offering.

Subscription Status: Day 3

The IPO was subscribed 2.95 times, as of 7 p.m. on Nov. 4.

  • Institutional investors: 8.59 times.

  • Non-institutional investors: 1.38 times.

  • Retail investors: 0.51 times.

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WRITTEN BY
Anjali Rai
Anjali Rai covers stock markets and business news at NDTV Profit. She holds... more
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