Fusion CX IPO
Fusion CX IPO is a mainboard IPO raising ₹702 Cr at ₹275 – ₹289 a share. It listed on 22 Oct 2026 at ₹305, +5.5% against its issue price of ₹289, and trades at ₹288 today (−0.4% since issue). It was subscribed 4.45× in total.
4.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 76,58,183 | 3,06,88,026 | 4.01× |
| Foreign Institutional Investors | no separate quota | 1,76,13,309 | n/a |
| Domestic Financial Institutions | no separate quota | 8,69,193 | n/a |
| Mutual funds | no separate quota | 1,18,93,506 | n/a |
| Others | no separate quota | 3,12,018 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 38,29,090 | 1,72,34,736 | 4.50× |
| Non Institutional Investors | 25,52,727 | 1,14,62,913 | 4.49× |
| Corporates | no separate quota | 5,58,756 | n/a |
| Individuals | no separate quota | 1,04,24,553 | n/a |
| Others | no separate quota | 4,79,604 | n/a |
| Non Institutional Investors | 12,76,363 | 57,71,823 | 4.52× |
| Corporates | no separate quota | 34,680 | n/a |
| Individuals | no separate quota | 55,09,581 | n/a |
| Others | no separate quota | 2,27,562 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 25,52,727 | 1,45,41,630 | 5.70× |
| Cut Off | no separate quota | 1,26,46,725 | n/a |
| Price bids | no separate quota | 18,94,905 | n/a |
| Total | 1,40,40,000 | 6,24,64,392 | 4.45× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 17 Oct, 08:15 am IST.
Where the bids landed
Demand barely changes across the price band — bidders were not price-sensitive. 20% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.24 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.