Fusion Finance allots Rs 160 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

-2.5%Reaction day

₹155.93

prior close

₹157.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.9%-1.6% vs market

Finance peers, median of 389sector · industry level-0.5%-2.0% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 2.0 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

Stock

-1.2

10m

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15m

-1.6

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.5-0.9-1.6-0.5-2.0

Next day

-4.1-1.2-2.9-0.9-3.2

+3.9+0.0+3.9-0.4+4.3

+2.4+1.4+1.1+0.0+2.4

+4.2+1.5+2.8-0.0+4.2

+4.5+0.9+3.6+0.0+4.5

+2.4-0.4+2.8-0.9+3.2

15d

+7.6-0.3+7.9-1.1+8.7

+9.9-4.2+14.1-4.8+14.7

+21.2-1.7+22.9-5.8+27.0

+1.4-11.4+12.8-13.7+15.2

UpDownMarket · Nifty Microcap 250Sector · Finance peers, median of 389Pending

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

AI summary

Fusion Finance has allotted 16,000 secured NCDs with a face value of Rs 1 lakh each, aggregating up to Rs 160 Crores, on a private placement basis. The NCDs carry a coupon of 10.95 percent per annum with a 3-year tenure (allotted December 16, 2025, maturing December 16, 2028). Interest is payable every 9 months. The issue is secured by a 1.10 times first-ranking charge on company receivables and will be listed on BSE. No special rights attached to investors.

Likely market impact

Adds Rs 160 Cr debt at 10.95 percent cost; raises leverage but supports growth funding for the NBFC.