Fusion CX Limited IPO: Date, GMP, Price Band & Subscription
MAINBOARD OPEN · updated 16 Oct 2026, 5:31 am IST · हिंदी में पढ़ें
Compiled by the Xflot IPO desk from NSE and BSE issue data, the registrar, grey-market quotes (unofficial) · Updated 16 Oct 2026, 05:21 am IST · How we source each figure
- Opens14 Oct
- Closes16 Oct
Open for bids — bidding day 3 of 3, closes today.
Your odds of an allotment
When a category is oversubscribed, allotment is a lottery among applicants and each winner gets the minimum application. The odds above are for a minimum retail application (one lot): the times-subscribed figure counts shares, and many people bid for more than the minimum, so the real chance is usually better than shown. Below 1x, every valid bid at or above the final price is allotted in full. Subscription as of 16 Oct 2026. Arithmetic on published figures, not a forecast.
A forecast is a guess about an outcome, scored on listing day. Not a recommendation — how it works.
Why is the Fusion CX Limited IPO GMP ₹21.5?
₹21.5 is what grey-market dealers were last quoting over the issue price of ₹289, which works out to +7.4%. Nobody publishes a reason for the level, and anyone claiming one is guessing. What can be said is that the rate is unofficial, quoted privately, and not published by NSE, BSE or SEBI.
Who is bidding
The exchange's own category-wise book, as at 16 Oct 2026. Most sites show four categories; NSE publishes twenty-one, including mutual funds separately.
| Category | Offered | Bid for | Times |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 76,58,183 | 3,59,346 | 0.05x |
| Foreign Institutional Investors(FIIs) | — | 3,29,970 | 0.00x |
| Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | — | 3,468 | 0.00x |
| Mutual funds | — | — | 0.00x |
| Others | — | 25,908 | 0.00x |
| Non Institutional Investors | 38,29,090 | 42,87,315 | 1.12x |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 25,52,727 | 23,79,201 | 0.93x |
| Corporates | — | 2,34,345 | 0.00x |
| Individuals(Other than RIIs) | — | 20,47,140 | 0.00x |
| Others | — | 97,716 | 0.00x |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 12,76,363 | 19,08,114 | 1.49x |
| Corporates | — | 11,934 | 0.00x |
| Individuals(Other than RIIs) | — | 17,97,852 | 0.00x |
| Others | — | 98,328 | 0.00x |
| Retail Individual Investors(RIIs) | 25,52,727 | 66,85,029 | 2.62x |
| Cut Off | — | 56,95,833 | 0.00x |
| Price bids | — | 9,89,196 | 0.00x |
| Total | 1,40,40,000 | 1,13,31,690 | 0.81x |
Where the book is building
Cumulative shares bid at each price point, against 1,40,40,000 on offer. An issue subscribed at the floor is a different thing from one subscribed at the ceiling, and the headline multiple cannot tell them apart.
Show the numbers
| Price | Shares bid at or above |
|---|---|
| At ₹289 or above | 1.13 cr |
| At ₹288 or above | 1.13 cr |
| At ₹287 or above | 1.13 cr |
| At ₹286 or above | 1.13 cr |
| At ₹285 or above | 1.13 cr |
| At ₹284 or above | 1.13 cr |
| At ₹283 or above | 1.13 cr |
| At ₹282 or above | 1.13 cr |
| At ₹281 or above | 1.13 cr |
| At ₹280 or above | 1.13 cr |
| At ₹279 or above | 1.13 cr |
| At ₹278 or above | 1.13 cr |
| At ₹277 or above | 1.13 cr |
| At ₹276 or above | 1.13 cr |
| At ₹275 or above | 1.13 cr |
Cut-off bids: 56,95,833 shares — applications that accept whatever price is finally set.
Fusion CX Limited IPO GMP — day by day
Reported grey market premium per share, one reading a day, against the issue's own dates. Unofficial throughout — hover or tab through for the implied listing price.
| Date | GMP | Trend | % of band |
|---|---|---|---|
| 15 Oct 2026 | ₹21.5 | ▼ | +7.40% |
| 14 Oct 2026 | ₹35 | ▲ | +12.10% |
| 13 Oct 2026 | ₹32 | ▲ | +11.10% |
| 12 Oct 2026 | ₹19 | ▼ | +6.60% |
| 11 Oct 2026 | ₹20 | ▼ | +6.90% |
| 10 Oct 2026 | ₹55 | ▬ | +19.00% |
| 09 Oct 2026 | ₹55 | — | +19.00% |
Subscription status
| Category | Times subscribed |
|---|---|
| No subscription figures have been captured yet for this issue. | |
Fusion CX Limited IPO dates
| Step | Date |
|---|---|
| Anchor bidding · one working day before opening | Tue, 13 Oct 2026 expected |
| Opens for bids | Wed, 14 Oct 2026 |
| Closes for bids | Fri, 16 Oct 2026 today |
| UPI mandate cut-off · 5 pm on the closing day | Fri, 16 Oct 2026 today |
| Basis of allotment · T+1 | Mon, 19 Oct 2026 expected |
| Refunds start · T+2 | Wed, 21 Oct 2026 expected |
| Shares credited to demat · T+2 | Wed, 21 Oct 2026 expected |
| Listing · T+3 | Thu, 22 Oct 2026 expected |
| Anchor lock-in ends (50%) · 30 days from allotment | Wed, 18 Nov 2026 expected |
| Anchor lock-in ends (rest) · 90 days from allotment | Sun, 17 Jan 2027 expected |
"Expected" dates follow SEBI's T+3 timetable from the closing day, skipping weekends and market holidays; the exchange's or the company's own date replaces each one as soon as it is published.
| Issue size | ₹406 Cr |
| Price band | ₹275 – ₹289 |
| Lot size | — |
| Registrar | not announced yet |
| Listing at | NSE |
Documents and links
About this issue
Summary generated from the issue data on this page. Figures above are the source; this paragraph adds no new facts.
Allotment status and registrar for Fusion CX Limited →
Frequently asked questions
What is the Fusion CX Limited IPO GMP today?
The reported grey market premium is ₹21.5 per share, roughly 7.4% of the upper price band. This is unofficial.
Does GMP decide the listing price?
No. GMP is unofficial sentiment and often differs from the actual listing price.
See the scoreboard for how the two have compared.