Fusion CX sets price band for Rs 702 crore IPO; issue opens on October 14
Fusion CX has announced its initial public offering (IPO) with a price band of Rs 275–289 per share. The total issue size is Rs 702 crore, comprising a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 202 crore. The IPO will open for subscription on October 14 and close on October 16. Allotment is expected by October 19, with the shares set to list on both the BSE and NSE on October 22, 2026.
For investors, this IPO offers a chance to participate in the company's capital raising plans. The fresh issue will fund the company's growth, while the OFFS provides an exit for existing shareholders. The listing date is set for October 22, 2026, which is over a year away, giving the market time to assess the company's fundamentals and the broader economic environment before the listing.
Investors should watch the subscription levels during the IPO window and the company's financial performance leading up to the listing. The long gap between the IPO closing and listing date suggests a deliberate approach by the company. It is important to evaluate the business model and growth prospects of Fusion CX to make an informed investment decision.
Key takeaways
- Category: IPO.
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