Fusion CX IPO opens for subscription at ₹275-289 per share
News summary
Fusion CX's Rs 702-crore equity offering is accepting subscriptions until October 16, with share pricing between Rs 275 and Rs 289. Anchor investors, including Ashish Kacholia and Kotak Mahindra Life Insurance, purchased Rs 315 crore in shares. Domestic mutual funds acquired 77.84% of the anchor allocation across 15 schemes. Grey market pricing indicates approximately 12% premium over the issue price.
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