Fusion CX Limited IPO — Subscription & GMP

upcomingMainboardBOTHNSE: FUSIONCXBSE: FUSIONCXBSE code: 4885
Grey market premium
+₹18
1 source · 1 min ago
Est. listing gain
+6.23%
implies ₹307 on listing
Subscribed
—
bidding not open yet
Min. investment
₹14,739
51 shares × ₹289
Price band
₹275 – ₹289
Lot size
51
Issue size
₹737.74 Cr
Bidding
14 Oct 2026 → 16 Oct 2026
Allotment
—
Listing
—

Schedule

  1. 14 Oct 2026IPO open date
  2. 16 Oct 2026IPO close date
  3. 19 Oct 2026Allotment date†
  4. 19 Oct 2026Funds unblock or debit†
  5. 21 Oct 2026Tentative listing date†

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Not Available

We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.

Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange

Upper band ₹289 + GMP ₹18 implies a listing around ₹307 (+6.23%). That is what the grey market is pricing, not a forecast.

Subscription status

Live from exchange · fetched 16 min ago
Overall subscribed
—
not yet published
No bids recorded yet. The exchanges publish subscription figures only once bidding opens.

Source: NSE issue information · BSE public issue

Equity split

Fresh equity vs offer for sale
₹500.00 Crto the company
Fresh equitynew capital, into the company's books
₹500.00 Cr 71.2%
Offer for saleto selling shareholders — the company receives nothing
₹202.00 Cr 28.8%
Total issue size
₹702.00 Cr

Read from the issue size stated in NSE's filing.

Allotment status

Allotment status is not out yet. The registrar is KFin Technologies Limited.

Issue details

Price band
₹275 – ₹289
Lot size
51 shares
Min. bid quantity
51
Face value
₹1.00
Tick size
₹1.00
Shares offered
2.55 Cr
Issue size
₹737.74 Cr
Max bid · QIB
2.55 Cr
Max bid · NII
63.82 L

Timeline & process

Bidding opens
14 Oct 2026
Bidding closes
16 Oct 2026
Bidding hours
10.00 a.m. to 5.00 p.m.
UPI mandate cutoff
16-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate.
Allotment
—
Listing
—

Intermediaries

Registrar
KFin Technologies Limited
Sponsor bank
HDFC BANK
Lead managers
Nuvama Wealth Management Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), Motilal Oswal Investment Advisors Limited

Documents

Price band notice
PDF
Prospectus
View