Fusion Finance Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 101.02 Cr
- Company Age 30 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 16,946.90 Cr
- Satisfied Charges ₹ 12,973.76 Cr
About Fusion Finance
Fusion Finance Limited (FFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 September 1994 and has a history of 30 years and five months. Its registered office is in Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543652.
The Corporate was formerly known as Fusion Micro Finance Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 101.02 Cr.
The company currently has active open charges totaling ₹16,946.90 Cr. The company has closed loans amounting to ₹12,973.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Fusion Finance Limited India are Gaurav Maheshwari as Cfo, Deepak Madaan as Company Secretary, and Devesh Sachdev as Ceo. Pankaj Vaish, Namrata Kaul, Kenneth Weele, and Three other members serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L65100DL1994PLC061287
- Company No.
061287
- Stock Symbol
BSE : 543652
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Sep 1994
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Financial Services
Who are the key members and board of directors at Fusion Finance?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devesh Sachdev  | Managing Director | 05-Nov-2009 | Current |
| Gaurav Maheshwari | CFO | 16-Feb-2017 | Current |
| Deepak Madaan | Company Secretary | 01-Jun-2013 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ratna Vishwanathan | Director | 24-May-2018 | Current |
| Pankaj Vaish | Director | 22-Sep-2021 | Current |
| Narendra Ostawal | Nominee Director | 05-Dec-2018 | Current |
| Namrata Kaul | Director | 18-Feb-2020 | Current |
Kenneth Weele  | Nominee Director | 12-Aug-2016 | Current |
Financial Performance of Fusion Finance.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue | |||||||
| Revenue from Operations | |||||||
| Total Assets | |||||||
| Profit or Loss | |||||||
| Net Worth | |||||||
| EBITDA |
What is the Ownership and Shareholding Structure of Fusion Finance?
Unlock access to Fusion Finance's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
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Schneider Electric Infrastructure LimitedNamrata Kaul is a mutual person
Reach To Teach Private LimitedRatna Vishwanathan is a mutual person
360 One Wam LimitedPankaj Vaish is a mutual person
Healthium Medtech LimitedNamrata Kaul is a mutual person
Xchanging Solutions LimitedPankaj Vaish is a mutual person
Charges (Loans)
Open Charges
₹16,946.90 Cr
Satisfied Charges
₹12,973.76 Cr
Charges Breakdown by Lending Institutions
- Others : 9131.90 Cr
- Axis Bank Limited : 1700.00 Cr
- Yes Bank Limited : 1250.00 Cr
- Hdfc Bank Limited : 1150.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 1090.00 Cr
- Others : 2625.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Axis Bank Limited | ₹600.00 Cr | Open |
| 19 Sep 2024 | Others | ₹50.00 Cr | Open |
| 17 Sep 2024 | Others | ₹25.03 Cr | Open |
| 07 Sep 2024 | Bank Of India | ₹75.00 Cr | Open |
| 29 Aug 2024 | Others | ₹75.00 Cr | Open |
How Many Employees Work at Fusion Finance?
Unlock and access historical data on people associated with Fusion Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fusion Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fusion Finance's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Fusion Finance
Recent activity within the organization
- Charges
A charge registered on 15 Nov 2021 via Charge ID 100501226 with Canara Bank was fully satisfied on 05 Nov 2024.
- Charges
A charge registered on 23 Sep 2022 via Charge ID 100620242 with Others was fully satisfied on 29 Oct 2024.
- Charges
A charge registered on 20 Sep 2022 via Charge ID 100624349 with Others was fully satisfied on 15 Oct 2024.
- Charges
A charge with Others of Rs. 208.40 Cr registered on 28 Mar 2024 with Charge ID 100891351 was modified on 14 Oct 2024.
- Charges
A charge registered on 15 Sep 2022 via Charge ID 100615863 with Others was fully satisfied on 10 Oct 2024.
- Charges
A charge registered on 15 Jun 2022 via Charge ID 100583904 with Others was fully satisfied on 09 Oct 2024.
Recent News, Updates & Announcement
- Fusion MicroFinance Receives Second Upgrade in Less Than a Year, Founder Devesh Sachdev Confident in Continued Growth and Stakeholder Satisfaction.
Fusion MicroFinance got upgraded by CRISIL to A+ with a stable outlook. This is their second upgrade in less than a year. The founder, Devesh Sachdev, is happy and says they will keep growing and making stakeholders happy. Fusion Microfinance is a top Micro Finance Institute in India and their stock has been doing well since their IPO. They raised ₹600 crore and their market cap is now ₹5,915 crore. Their AUM is expected to cross ₹10,000 crore by September 2023. Their net worth and adjusted gearing have also improved. Exciting news! Mint is now on WhatsApp Channels! Subscribe and stay updated with financial insights!.
- Fusion Micro Finance Q1 Results: PAT shoots up 60% YoY to Rs 121 crore.
Net interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year ago period. Total income rose 53.4% at Rs 553 crore..
Frequently asked questions
What is the Incorporation or founding date of Fusion Finance Limited?
Fusion Finance Limited was incorporated on 05 Sep 1994.
What is authorized share capital and paid-up capital of Fusion Finance Limited?
The authorized share capital of Fusion Finance Limited is ₹ 200.00 Cr and paid-up capital is ₹ 101.02 Cr.
Who are the current board members & directors of Fusion Finance Limited?
Currently 9 directors are associated with Fusion Finance Limited.
- Pankaj Vaish
- Namrata Kaul
- Kenneth Dan Vander Weele
- Devesh Sachdev
- Narendra Ostawal
- Ratna Dharashree Vishwanathan
- Gaurav Maheshwari
- Deepak Madaan
- Devesh Sachdev
What is the registered address of Fusion Finance Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fusion Finance Limited is H-1 C Block Community Centre Naraina Vihar, India, New Delhi, 110028.
What is the corporate identification number (CIN) and company number of Fusion Finance Limited?
The corporate identification number (CIN) of Fusion Finance Limited is L65100DL1994PLC061287 and the company number is 061287 as per Ministry of Corporate Affairs (MCA).
Is Fusion Finance Limited registered with any stock exchange in India?
Yes, Fusion Finance Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Fusion Finance Limited?
The Official website of Fusion Finance Limited is https://www.fusionmicrofinance.com
What are the total open charges for Fusion Finance Limited?
As per the financial statements for fiscal Year , The total open charges for Fusion Finance Limited amount to ₹ 16,946.90 Cr.
When was the last Balance Sheet of Fusion Finance Limited filed with the ROC?
The most recent Balance Sheet for Fusion Finance Limited was filed with the ROC on 31 Mar 2024.
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