Fusion Finance allots Rs 150 cr NCDs at 10.95 percent via private placement

Fund Raising View source PDF Explain this filing

FUSION · price

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Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹162.00

prior close

₹158.21

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-0.7% vs market

Finance peers, median of 391sector · industry level-0.8%-0.7% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.7 pts less than its Finance peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

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Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 391Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Working Committee allotted 15,000 senior secured NCDs of Rs 1 lakh each, totalling Rs 150 crore, via private placement at par. Tenure is 30 months maturing June 29, 2028, with 10.95 percent annual coupon paid monthly. Includes green shoe option up to Rs 50 crore. Debentures will list on BSE wholesale debt segment and are secured by 1.10 times charge over identified receivables.

Likely market impact

Raises Rs 150 crore in debt funding at 10.95 percent, expanding borrowing capacity but adding monthly interest outflow and lock-in until mid 2028.