November 2, 2022 - November 4, 2022

Fusion Micro Finance IPO Subscription Details

Fusion Micro Finance IPO Subscription Status Live

Fusion Micro Finance IPO subscribed 2.95 times. The public issue subscribed 0.51 times in the retail category, 8.59 times in QIB, and 1.38 times in the NII category by November 4, 2022 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	8.59	5,956,362	5,11,52,560	1,882.41
Non-Institutional Buyers	1.38	4,625,749	63,62,800	234.15
bNII (bids above ₹10L)	1.52	3,083,832	46,82,400	172.31
sNII (bids below ₹10L)	1.09	1,541,917	16,80,400	61.84
Retail Investors	0.51	10,793,414	55,20,680	203.16
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total	2.95	21,375,525	6,30,36,040	2,319.73

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Fusion Micro Finance IPO (Day-wise) Subscription Details (times)

Date	QIB	NII	Retail	Total
Day 1 November 2, 2022	0.00	0.23	0.14	0.12
Day 2 November 3, 2022	0.00	0.61	0.31	0.29
Day 3 November 4, 2022	8.59	1.38	0.51	2.95

Fusion Micro Finance IPO Shares Offered

Fusion Micro Finance IPO is a public issue of 21,375,525 equity shares. The issue offers 10,793,414 shares to retail investors, 5,956,362 shares to qualified institutional buyers, and 4,625,749 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
QIB	5,956,362	219.19	27.87%
NII	4,625,749	170.23	21.64%
bNII (bids above ₹10L)	3,083,832	113.49	14.43%
sNII (bids below ₹10L)	1,541,917	56.74	7.21%
Retail	10,793,414	397.20	50.49%
Total	21,375,525	786.62	100%

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Fusion Micro Finance IPO Subscription FAQs

The Fusion Micro Finance IPO is subscribed 2.95 by November 4, 2022.