Fusion Micro Finance IPO – A strong player in the ever-growing MFI sector: ICICI Direct | Techno Glob


BQ Prime’s special research section is based on India’s leading brokers; Combines quality and in-depth equity and business research reports from asset managers and research agencies. These reports provide subscribers of BQ Prime with companies, It provides an opportunity to expand understanding of sectors and the economy.

ICICI Direct’s IPO Report

Fusion Micro Finance Ltd. was founded with the core idea of ​​creating opportunities at the bottom of the pyramid. The company works by providing financial services to underserved women in rural and semi-rural areas across India.

The company positively impacts the lives of its customers in rural India as it believes its network and services improve access to formal credit at affordable prices.

Fusion Micro Finance is one of the youngest non-banking financial company (for obtaining a non-banking financial company license) among the leading NBFC-MFIs in India.

In addition, It also has the fourth-fastest loan portfolio among the 10 largest NBFC-MFIs in India, with an annual growth rate of 53.8% between FY21 and FY21, according to Crisil.

Click on the attachment to read the full IPO report.

Disclaimer

This report was written by a third party. BQ Prime does not guarantee the accuracy of its contents and is not responsible for them in any way. The content in this section does not constitute investment advice. For this, you should always consult a professional based on your individual needs. The views expressed in the report are those of the author’s organization and do not necessarily represent the views of BQ Prime.

Users copy content without the permission of the original owner; No license to modify or distribute.



Source link