Fusion Micro Finance Limited IPO Message Board (Page 6)

if i apply is retail category @350 price, as the category is underscribed, will it be accepted or rejected.

Rejected

It should be accepted

Not applied in Fusion

Saving funds for other good ones

Applied in retail

This might be a dark horse
Everybody is skipping this due to declining profits, profits declined due to excessive provisions
But I feel it's a good company and we can take a bet
Warburg pincus is a good investor and they are not selling, means a lot

Pandemic won't happen again, so provisioning and npa going forward should be fine and with high nim margins they should be able to consistently generate profits of 150cr+

Also once their rating improves, they should be able to access capital at lower rater further improving their margins

QIB 5X+ now, worth to apply a lot?

About 9X now... if it hits 10 will apply a lot. Mostly FII interest seen.

Applied 2 Retail with multiple lots

very strage subscription number...

Apply for sure listing gains.

let us hope so

After Retail spillover of appx. 18%, it will be 100% allotment in HNI category. All the best to applicants, God give them listings pop or strength.

Thinking to apply 1 lot lets see 4:30 pm

Jab apply nahi karte jb premium m list hota jb apply karo tab discount pr hota😂bs yahi baat ko wapis sach sabit krne

avoid

BSE showing 504 error on fusion IPO page.

@Bayan
May be God stoping you from making an error..

https://www.nseindia.com/market-data/issue-information?symbol=FUSION&series=EQ&type=Active

Wo log khush ho jayo, Jisko IPO allotment na hone ka malal rahta, isme sabhi apply karne walon ko confirm allotment milega.

😁😂

અઠવાડીયા પહેલા : પ્રીમીયમ છે પણ પૈસા નથી

આજે : પૈસા છે પણ પ્રીમીયમ નથી

😄😄

ચર..ચર...મારુ ચકડોળ ચાલે

Same

Just bcoz allotment chances are high I'm applying a lot🤞

I have not applied this IPO because of low GMP. But when it lists, it will have listing gains at least 5-10%.
If i apply it will list in discount. All the best for those who applied.

@ELON Rusk_ same thing with me. it will list in premium now, coz I haven't applied.

Yes, as has been by observation previously, where Retail and HNIs shun the IPO, QIB corners the IPO and then the share price shoots up a few days after listing, usually its a trap for retailers, but it can last for a few months, then the downfall begins.
Still I am not applying in this IPO, its like playing with fire.

Based on the analysis of the past few IPOs, IPOs that did not fill 100% of the retail quota were listed on the positive side. So I will apply here.

What is your opinion ??

I took the same gamble. Fingers crossed

Not always
Nuvoco ko dekh lo

Looking at QIB subscribed for total 18 lots confirmed in retail accounts. Hoping for positive listing gain

Finally skip.

No No No karte karte dot 3 PM pe apply Kar diya..... Ok if it lists in discount.... But I dont suppose it will list in discount....Although may crash later on.... Besides a lot more shares will go to QIB since retail is undersubscribed.... So fingers crossed.

Yearly profit steadily decreasing (from 69 crore in 2019-20 to 21 crore in 2021-22) and with a massive borrowing (more than Rs. 6,000 crore), I am avoiding this one.

this happened due to increased provisioning costs( future expenses)
this might be due to pandemic, branch expansion, high financing cost
this year, profit has been good

Most brokers review is either nuetral or apply, only one avoid

concerns :
worrying NPA, net npa higher than 1%
PE of last year high but this year this is quite attractive(around 12)

Still low QIB figures are alarming

Wanted to subscribe to this and get confirmed retail allotment and take a chance to enjoy 5-10% profits but the subscription figures and invisible GMP scare me. I have a lot of weddings and events to attend to in Nov-Dec so the 15k is better utilized by a newlywed couple than a microfinance company that may even cease to exist in 20 years. Not applying.

Sad to see that this came true. Should have moved 5% up at least but market's not allowing it seems. All the best to allottees.

@Crow, you can gift some IPO shares to newlywed couples and they can hold till their first kid is born and thank you :)