Mini Sachdev News Today

Fusion Micro Finance on Tuesday allotted 89,99,943 equity shares to 17 anchor investors at Rs 368 apiece, aggregating to Rs 331.20 crore. The issue will conclude on November 4

Get latest articles and stories on Latest News at LatestLY. Fusion Micro Finance on Tuesday said it has raised a little over Rs 331 crore from anchor investors ahead of its initial public offering (IPO) that opens for public subscription on Wednesday. Latest News | Ahead of IPO, Fusion Micro Finance Garners Rs 331 Crore from Anchor Investors.

The primary market is heading for a busy time, with four firms, including Global Health Ltd, which operates hospitals under the Medanta brand, and micro finance lender Fusion Micro Finance Ltd, lining up their IPOs next week.

31NEW DELHI, Oct 30: The primary market is heading for a busy time, with four firms, including Global Health Ltd, which operates hospitals under the Medanta brand, and micro finance lender Fusion Micro Finance Ltd, lining up their IPOs next week. The other two companies whose IPOs are ready to open are DCX Systems, a manufacturer of cables and wire harness assemblies, and Bikaji Foods International. Together, these four companies are expected to fetch over Rs 4,500 crore through the […]

Fusion Microfinance IPO comprises a fresh issuance of shares worth Rs 600 crore and an offer of sale (OFS) of 1,36,95,466 shares by promoters and existing shareholders.

Fusion Microfinance on Friday said it has fixed a price band of Rs 350-368 a share for its Rs 1,104 crore initial public offering (IPO).

Honey Rose Investment, which owns 48.65 per cent stake in the company, is directly owned by certain private equity funds managed by Warburg Pincus.