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Fusion CX fixes IPO price band at ₹275-289 per share, issue size at ₹702 cr ↗

Business Standard Markets ·

AI-powered customer experience solutions provider Fusion CX Ltd on Friday fixed the price band of Rs 275-289 per share for its Rs 702 crore Initial Public Offering (IPO), which will open for subscription on October 14. At the upper end of the price band, Fusion CX is expected to command a post-issue market capitalisation of over Rs 4,170 crore. The three-day public issue will close on October 16, while bidding by anchor investors is scheduled for October 13, according to a public announcement. The IPO comprises a fresh issue of equity shares worth up to Rs 500 crore and an Offer For Sale (OFS) of shares aggregating up to Rs 202 crore by…

From Business Standard Markets

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