Fusion CX Limited IPO
14 Oct 2026 – 16 Oct 2026
Issue Details
- Price Band
- ₹275 – ₹289
- Lot Size
- 51 shares
- Min Investment
- ₹14,739 (1 lot · 51 shares)
- Face Value
- ₹1
- Fresh Issue
- ₹500 Cr (to the company)
- Offer for Sale
- ₹202 Cr (to selling holders)
- Issue Size
- Initial Public Offer comprising of Fresh Issue aggregating upto Rs. 5000 million and Offer for Sale aggregating upto Rs.2020 million
- Registrar
- Kfin Technologies Ltd. ↗
Timetable
GMP History
Latest GMP ₹19 · Last updated 12 Oct 2026, 9:26 pm IST
The graph appears from the second day of GMP data.
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 12 Oct | ₹19 | +6.6% | — | ₹308 |
Subscription
Subscription figures appear once bidding opens.
Financials
All values in ₹ crore
About Fusion CX
Fusion CX Ltd. provides customer experience management and business process services to enterprises through multiple communication channels, including telephone, email, online chat, social media and messaging platforms. The Company has also expanded into AI data infrastructure, offering services such as data sourcing, data annotation, image and video tagging, and robotic teleoperation. The Company integrates human-led service delivery with proprietary technology and artificial intelligence to facilitate customer engagement across languages and digital channels. Its solutions are designed to streamline business processes, enhance service quality and automate customer interactions. Through its subsidiary, Omind Technologies, Fusion CX is developing technology platforms for AI-based marketing, conversational intelligence, automated quality monitoring and workforce management. As of June 30, 2026, the Company had established 40 delivery centres in 13 countries, provided support in 28 languages and maintained relationships with 208 customers, including 22 Fortune 1000 companies. Its operations cater to several industry segments, such as telecommunications and utilities, healthcare and life sciences, high technology and travel, banking, financial services and insurance (BFSI), and consumer retail. During Fiscal 2026, Fusion CX recorded revenue from operations of ₹1,818.14 crore, representing a year-on-year increase of 36.77% compared with Fiscal 2025. Telecommunications and technology accounted for 47.34% of operating revenue, followed by BFSI at 13.52%, healthcare at 13.14%, consumer and retail at 12.12%, and other sectors at 13.88%. Geographically, the US and Canada generated 85.26% of revenue, while India contributed 11.29%, the UK and Europe accounted for 3.11%, and other markets represented the remaining 0.34%.
As published in the company's own offer documents.
Strengths
- Global Delivery Network with 40 delivery centres across 13 countries.
- AI-Driven Technology
- Proven Acquisition Track Record
- Diversified Industry Presence across multiple industries, including telecom and utilities, healthcare, BFSI, retail, high-tech.
- Customer-Centric Approach
- Experienced Management Team
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- Nuvama Wealth Management Limited
- IIFL Capital Services Limited
- Motilal Oswal Investment Advisors Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 51 | ₹14,739 |
| Retail (max)most that stays under ₹2L | 13 | 663 | ₹1,91,607 |
| S-HNI (min)first bid over ₹2L | 14 | 714 | ₹2,06,346 |
| S-HNI (max)most that stays under ₹10L | 67 | 3,417 | ₹9,87,513 |
| B-HNI (min)first bid over ₹10L | 68 | 3,468 | ₹10,02,252 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- 100% Book Building
- Minimum Order
- 51 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 16-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- HDFC Bank Limited and ICICI Bank Limited
Registrar
- Name
- Kfin Technologies Ltd.
- Address
- 301, The Centrium, 3rd Floor, 57, Lal Bahadur Shastri Road, Nav Pada, Kurla (West), Mumbai, Maharashtra, 400070
- Contact
- Williams R, +91 40 6716 2222, fusion.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
In the news
- The Economic Times
IPO calendar: After a week of lull, 5 companies to raise nearly Rs 1,600 crore this week
Five IPOs are scheduled to open for subscription next week, including mainboard issues from HD Fire Protect, Fusion CX and Sahajanand Medical Technologies. The three mainboard…
- The Economic Times
Fusion CX sets price band for Rs 702 crore IPO; issue opens on October 14
Fusion CX has set a price band of Rs 275–289 per share for its Rs 702 crore IPO, which will open on October 14 and close on October 16. The issue comprises a fresh issue worth Rs…
Headlines from The Economic Times, matched to this company by name. Reproduced as published — not our reporting, and not investment advice. More IPO news
Frequently Asked Questions
What is the GMP of Fusion CX Limited IPO today?
The latest grey market premium for Fusion CX Limited IPO is ₹19. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Fusion CX Limited IPO?
The price band is ₹275 – ₹289, with a lot size of 51 shares. The minimum investment is ₹14,739.
When does Fusion CX Limited IPO open and close?
The issue opens on 14 Oct 2026 and closes on 16 Oct 2026. Listing is expected on 22 Oct 2026.
Who is the registrar for Fusion CX Limited IPO?
Kfin Technologies Ltd. is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.