Fusion Micro Finance Ltd is set to launch its IPO worth Rs.1104 Crores in the primary markets from 02 Nov to 04 Nov 22
⏩Strengths
✔️ Well Diversified and Extensive Pan-India presence
✔️ Robust underwriting process resulted in healthy portfolio quality; Net NPA was 1.35% Q1FY23
✔️ Proven Execution capabilities with a strong rural focus (71% of customers from rural areas)
✔️ 2nd largest NBFC-MFI in India in terms of Gross loan portfolio with a market share of 7.1% (Q1FY22)
✔️ 3rd fastest clientele growth of 27% in FY22 among the top NBFC-MFIs
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Posted On: 02 Nov 2022 5:00 AM
