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Fusion CX Ltd

IPO Details · GMP · Subscription · Financials

🟢 Open NSE & BSE Mainboard Closes 16 Oct 2026
Issue Price
₹289
Per Share
GMP
+₹5
+1.73% Grey Market
Est. Listing
₹294
Expected Price
Min. Application
₹29,478
2 lots × 51 shares
IPO Issue Details
Issue Price / Price Band₹289 per share (Fixed Price)
Face Value₹1 Per Share
Lot Size51 Shares per Lot
Total Issue Size2,42,90,657 shares (agg. up to ₹702 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 14 Oct 2026
Subscription CloseFri, 16 Oct 2026
Anchor AllotmentTue, 13 Oct 2026
Basis of AllotmentMon, 19 Oct 2026
Initiation of RefundsWed, 21 Oct 2026
Credit of Shares to DematWed, 21 Oct 2026
Listing DateThu, 22 Oct 2026
UPI Mandate Deadline5:00 PM on 16 Oct 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)14,739 — 51 shares
Retail — Max (13 Lots)₹191,607 (13 Lots)
HNI — Min (68 Lots)10,02,252 — 3468 shares
EPS (Pre-IPO)₹13.37
EPS (Post-IPO)₹15.43
P/E Ratio (Pre-IPO)21.62x
P/E Ratio (Post-IPO)18.73x
Pre-IPO Promoter Holding12,70,59,295 shares
Post-IPO Promoter Holding14,43,60,333 shares
Fresh Issue Shares1,73,01,038 shares (agg. up to ₹500 Cr)
Offer for Sale Shares69,89,619 shares of ₹1 (agg. up to ₹202 Cr)
About Fusion CX Ltd

Incorporated in 2004, Fusion CX Limited is a customer experience (CX) and business process solutions provider offering multichannel customer support through voice, email, chat, social media and messaging. The company also provides AI data infrastructure services, including data collection, data annotation, image and video labelling, and robotic teleoperations.Fusion CX combines human expertise with technology and proprietary AI tools to deliver multilingual, omnichannel customer engagement, improve operational efficiency and automate customer interactions. Through its subsidiary, Omind Technologies, the company is developing AI-powered solutions for marketing, conversational AI, quality automation and workforce management.As of June 30, 2026, Fusion CX operated 40 delivery centres across 13 countries, supported customers in 28 languages and served 208 customers, including 22 Fortune 1000 companies. Its key industry verticals include telecom and utilities, healthcare and life sciences, high-tech and travel, banking, financial services and insurance (BFSI), and retail.Key StrengthsGlobal Delivery Network: Operates 40 delivery centres across 13 countries, enabling round-the-clock customer support across multiple time zones.AI-Driven Technology: Invests in proprietary AI tools and platforms to enhance customer engagement, automate processes and improve operational efficiency.Proven Acquisition Track Record: Has experience acquiring and integrating businesses to expand service offerings, customer relationships and growth opportunities.Diversified Industry Presence: Serves multiple industries, including telecom and utilities, healthcare, BFSI, retail, high-tech and travel.Customer-Centric Approach: Offers tailored, multilingual and omnichannel solutions to meet diverse customer requirements.Experienced Management Team: Benefits from experienced promoters, a diverse Board and management with industry knowledge, supported by a skilled workforce.

Objects of the Issue

Fusion CX Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by (i) Company; (ii) certain Subsidiaries (direct and certain step-down subsidiaries)
275.70
2
Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools i.e. Arya and MindVoice
61.15
3
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding 12,70,59,295 shares
Post-IPO Promoter Holding 14,43,60,333 shares
Lock-in Period (30%)Wed, Nov 18, 2026
Lock-in Period (50%)Sun, Jan 17, 2027
Check AllotmentCheck Status →
Fusion CX Ltd — Live Price OPEN
IPO Open for Subscription
Chart activates on listing day — 22 Oct 2026
Quick Facts
GMP Signal🟢 Positive
StatusOpen
Issue Price₹289
GMP+₹5
Est. Listing₹294
Lot Size51 shares
Min Amount₹29,478
Listing Date22 Oct 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹289
Listing Date22 Oct 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 7,287,197 — ₹210.60 Cr 4.21x
NII / HNI 3,643,598 — ₹105.30 Cr 4.73x
Retail (RII) 2,429,066 — ₹70.20 Cr 5.99x
TOTAL 13,359,861 100.00% ₹386.10 Cr 4.68x
* Based on ₹289.00 (upper price band)
Day-wise Subscription
QIB
4.21x
NII / HNI
4.73x
Retail
5.99x
Total
4.68x
Subscribed
Lot Size & Investment Details
Lot Size
51
Shares
Issue Price
₹289.00
Per Share
Min Investment
₹14,739
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 51 ₹14,739
Retail (Max) 13 663 ₹191,607
sNII (Min) 14 714 ₹206,346
bNII (Min) 68 3,468 ₹1,002,252
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Jun 202631 Mar 202631 Mar 2025
Revenue from Operations 503.85 1851.83 1352.03
EBITDA 95.09 329.87 197.78
Profit After Tax (PAT) 55.70 169.84 74.31
Net Worth 24.57 26.74 16.66
Total Assets 1367.85 1385.15 1143.25
Reserves & Surplus 607.01 547.97 345.76
Total Borrowings 48.06 58.73 81.93
Key Ratios & Valuation
Issue Price ₹289
Face Value ₹1 Per Share
P/BV 5.98
RoE 8.99
RoCE 19.84
RoNW 9.12
PAT Margin (%) 11.36
EBITDA Margin (%) 20.03
Debt / Equity 0.51
Company Details
Company
Fusion CX Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹1 Per Share
Script Code
N/A
Address
Plot No. Y9, Block EP & GP, Sector-5, Bidhan Nagar, Salt Lake Kolkata, West Bengal, 700091
Book Running Lead Managers
Nuvama Wealth Management Ltd
Book Running Lead Manager (BRLM)
IIFL Capital Services Ltd
Book Running Lead Manager (BRLM)
Motilal Oswal Investment Advisors Ltd.
Book Running Lead Manager (BRLM)