The Latest Breaking News from Kotak Mahindra Life Insurance

Fusion CX IPO opens for subscription; GMP at 12%. Should you bid or skip?

Fusion CX’s Rs 702-crore IPO is open for subscription from October 14 to 16. The issue is priced at Rs 275-289 per share, with a minimum retail investment of Rs 14,739. The IPO commands a grey market premium of around 12%. The company raised Rs 315 crore from anchor investors,…

The Economic Times · 14h ago

Ashish Kacholia, Kotak Life lead Fusion CX’s Rs 315-crore anchor book ahead of Rs 702-crore IPO

Fusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance among the participants. The issue opens on October 14 and closes on October 16. Swastika Investmart has assigned a Neutral rating, citing valuations and limited scope for…

The Economic Times · Oct 13

Ashish Kacholia, Mukul Agrawal, others invest Rs 120 crore in IPO-bound Fusion CX

Ace investors Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, acquired a combined 3.19% stake worth Rs 120 crore in Fusion CX ahead of its Rs 702 crore IPO opening on October 14.

The Economic Times · Oct 11