Fusion Micro Finance Limited IPO Message Board (Page 7)

Confirmed allotment in retail.

HNI too.

@Ravi Sir, did you apply here? I did so asking you. :)

Experts have a questions

1. What happene if i cancel 1 retail application in zerodha today. Mandate accepted yesterday.

2. Can we get full allotment in retail on lower band if it subscribe under 1x.

1. Once your application is canceled, then no allotment. ( application through broker)
2.retail lower bids will not get any allotment. In this case 0.91x subs, so remaining retail forms will go to hni, qib since they are 2x subscribed.

Remember total subs< 1x then only lower bid allotment, otherwise no allotment for them

Got it.
Thank you for your guidance.

Re bhaya Fusion ko Fuse ud giyo ke? Retail mein itti khamoshi kiyun hai? Log baag Abbe samajhdaar ho giya h Jokhim leni konni chawe?
GM
Dus upre bechwal chhe.

@BMSURANA
Bhaya, Fusion ko Fuse ud giyo. Retail me khsmoshi hi rihegi. Members who want to get allotment in full, want to know third party allotment and have a capacity to bear loss(not sure) can apply.
But one can't taste POISON to know its taste.
All the best Bhaya. Enjoying your words.

Tracxn Vs Fusion

Although industry is totally different, but comparing as per Issue size & Subscription figures.

Tracxn issue size: 309 Cr
Subs: 2.01 x
Gmp: negative
Listed positive

Fusion issue size: 1,100+ Cr
Subs: most likely will cross 2x
Gmp: almost 0

WHAT YOU WANT TO SAY

It might list positive, nothing else.

Profit after Tax for last quarter is 75 crore which is max they have in all quarters. With such low profit margin how can they come with share price of 359 and issue size of 1103 crore.

Investors should be smart enough to show way out to such IPO's Hopefully it doesn't subscribe even 1 x and gets cancelled. Cancel as much as you can.

Its a open loot.

BHNI fully subscribed with probability of full allotment. Will other categories follow suit at least by 2 pm?

Remember Tracxn?
FOMO or JOMO choice is yours.

CLEAR. AVOID

low. Rs 321
close Rs 324.8.
issue price. Rs 368
12 % loss in one day plus interest cost for 7 days

Buy @rs 300 stop loss 290

@Chem cho sir... for what target you suggest to buy?

If i apply one application with sHNI and one retail through different Demat with same PAN.
Can I get allotted in both cases under subscribed stage??

No. Only one application per PAN.

Sir, better to avoid this issue. GMP is ZERO may list in discount as well. Protect your hard earned money.

GMP turned ZERO

With so many 'apply' ratings, subscriptionwise not doing well. QIB is still zero. Will it go through?

@Priyanka, I have seen that. That's the only avoid, I could find. Rest all have given 'Apply'.

GMP 16

Fusion GMP crashed 3 rs

A fire faced/ escaped cow dreads the vermilion overcast.

Doodh ka jala chaanch bhi phook phook kar pita hai... I guess this is the meaning if I am not wrong. :)

@Arun arun sir,
As to this Ipo @Ou Ai has explained the fiasco of the older playes like us. All in this segment even Sks microfinance headed by personality like Mr Vikram Akula (even allowing a good chunk of pre issue to Narayan Murti sir @ somewhat more than half the ipo price) could not stand long . For newer chaps with liquidity it may be different but it dreads us. I could have described it as ' a vermilion cloud' . I have told it ' vermilion overcast' as I think it contains huge fire.

I have also told it for the current market .The elemental set up is alarming but hold by enormous liquidity. The process of sucking the liquidity is in progress. So, now to see how long liquidity can stand.
I would like to know your view.
Thank you

This IPO WIll loot you.

good anchor list includes HDFCLIFE, Motilal oswal,nomura,nippon,icici ,aditya birla,bajaj allianz and bnp paribas

Above domestic MFs apply almost all IPOs in a booming market.

Can I apply sme ipo from zerodha app ? And these sme share I don’t found on zerodha app,so where I see them and where my share are credit if I get allotment?please help.

P/E is too high. 139.

@SBI ASBA - check Lokesh's message 40.1, he clearly and very nicely explained.

It's not fusion micro. It's confusion Macro. Can go 10% both ways.

42 is rating from Capital market. Same 42 for Bikaji but 45 for Global health.