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Fusion CX IPO Subscribed 4.45 Times On Final Day Of Bidding
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News18•16-10-2026, 19:00
Fusion CX IPO Subscribed 4.45 Times On Final Day Of Bidding
- •The initial public offer of Fusion CX Ltd received 4.45 times subscription on the final day of bidding.
- •The Rs 702-crore IPO received bids for 6,24,64,035 shares against 1,40,40,000 shares on offer.
- •The retail investor category was subscribed 5.70 times, non-institutional investors 4.50 times, and QIBs 4.01 times.
- •The public issue comprises a fresh issue of up to Rs 500 crore and an offer for sale of up to Rs 202 crore.
- •The equity shares are proposed to be listed on the BSE and NSE on October 22.
Key Questions Answered
The initial public offer of Fusion CX Ltd received 4.45 times subscription on the final day of bidding on Friday, getting bids for 6,24,64,035 shares against 1,40,40,000 shares on offer.
Fusion CX plans to use Rs 275 crore from the fresh issue proceeds to repay or prepay certain borrowings, and invest another Rs 61 crore in its step-down subsidiaries, Omind Technologies Inc and Omind Technologies Pvt Ltd, to upgrade IT tools.
The equity shares of Fusion CX are proposed to be listed on both the BSE and the NSE on October 22.
