Fusion CX IPO opens for subscription; GMP at 12%. Should you bid or skip?
Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum retail investment of Rs 14,739. The IPO commands a grey market premium of around 12%. The company raised Rs 315 crore from anchor investors, including Ashish Kacholia and Kotak Mahindra Life Insurance.
Key Takeaways
- Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16.
- The issue is priced at Rs 275-289 per share, with a minimum retail investment of Rs 14,739.
- The IPO commands a grey market premium of around 12%.
Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum retail investment of Rs 14,739. The IPO commands a grey market premium of around 12%. The company raised Rs 315 crore from anchor investors, including Ashish Kacholia and Kotak Mahindra Life Insurance.
Original Publisher Attribution
This summary was curated from Economic Times.