CALCULATE YOUR SIP RETURNS

Fusion Micro Finance Limited IPO – Research Report

16 January 20231 min read by Angel One
Fusion Micro Finance Limited IPO – Research Report
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies among the top NBFC-MFIs in India in terms of AUM. FML is engaged in providing financial services to unserved and underserved section of society. The company has achieved a significant footprint across India, where they have extended reach to 2.90 million active borrowers which are served through its network of 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and union territories in India, as of June 30, 2022. The companys business runs on a joint liability group-lending model, wherein a small number of women form a group (typically comprising five to seven members) and guarantee one anothers loans.

 

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 2 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 2 Cr+ happy customers