Executive News Wire
Fact-first intelligence synthesized across 12+ news agencies. Zero sensationalism.
Fact-first intelligence synthesized across 12+ news agencies. Zero sensationalism.
NEW DELHI [NCRBuzz Wire] — ### Fusion CX IPO Subscription Details
**The Fusion CX IPO is officially open for subscription from October 14 to October 16, aiming to raise Rs 702 crore.** Investors can bid for the shares within the price band of Rs 275-289, with a minimum retail investment requirement of Rs 14,739 per lot.
### Financial Metrics and Market Sentiment
**Market analysts are closely monitoring the 12% grey market premium (GMP) as a key indicator of listing day performance.** The company has successfully garnered significant institutional backing, raising Rs 315 crore from anchor investors including notable names like Ashish Kacholia and Kotak Mahindra Life Insurance.
| Metric | Details |
|---|---|
| IPO Size | Rs 702 Crore |
| Price Band | Rs 275 - 289 per share |
| Subscription Dates | Oct 14 - Oct 16 |
| Min. Retail Investment | Rs 14,739 |
| Anchor Investor Funding | Rs 315 Crore |
The IPO market in India has seen high activity in 2024, with companies leveraging strong retail and institutional demand to raise funds for growth and operational scaling.
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