India, Oct. 9 -- Fusion CX will open its public offer on Wednesday, October 14. Bidding closes Friday the 16th, and the company is pencilling in October 22 for its BSE and NSE debut. The top of the price band is Rs. 289.

The grey market moved first with a premium of Rs. 40 on the morning of October 9, after showing nothing the night before. Add that to the cap and you get an implied listing price near Rs. 329, about 13.8% higher. I wouldn't lean on it yet. That's one reading, taken a few days before the book even opens, and grey market numbers have a way of changing quickly in either direction.

What the company does Fusion CX is a Kolkata-headquartered outsourcer that handles customer contact for other businesses: calls, chat, email, s...