Stories
Fusion CX IPO Opens Tomorrow: Check GMP, Lot Size, and Key Details
M
Moneycontrol•13-10-2026, 17:18
Fusion CX IPO Opens Tomorrow: Check GMP, Lot Size, and Key Details
- •The Rs 702 crore Fusion CX IPO will open for subscription on October 14 and close on October 16, with a price band set at Rs 275 to Rs 289 per share.
- •The grey market premium for the shares stands at 10 percent over the upper price band ahead of the opening.
- •The public issue includes a fresh issue worth Rs 500 crore and an offer for sale of Rs 202 crore by existing shareholders.
- •Retail investors can apply for a minimum lot size of 51 shares, requiring an investment of at least Rs 14,739 at the upper price band.
- •The company reported a strong financial performance in FY26, with total income rising 37 percent and profit after tax more than doubling to Rs 170 crore.
Key Questions Answered
The Fusion CX initial public offering worth Rs 702 crore will open for subscription on October 14 and close on October 16. The company has set its price band at Rs 275 to Rs 289 per equity share.
Retail investors can apply for a minimum lot size of 51 shares, which translates to a minimum investment of Rs 14,739 at the upper end of the price band.
Fusion CX intends to use the fresh issue proceeds to repay or prepay certain outstanding borrowings and invest in its step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Private Limited, to upgrade IT tools like Arya and MindVoice.
