Fusion CX
Price band ₹275–289 · Issue ₹702.00 Cr
Market attention score 36.6 (how ranked)
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Capital required
Approximate retail outlay for Fusion CX at the issue price band (lot × lots).
Est. capital
₹14,025 – ₹14,739
Lot size 51 · up to ₹289/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
14 Oct 2026
Closes
16 Oct 2026
Allotment
19 Oct 2026
Listing
22 Oct 2026
Lot size
51
GMP
+18.34%
Overview
Fusion CX IPO is a book build issue of ₹702.00 crores. The issue is a combination of fresh issue of 1.73 crore shares aggregating to ₹500.00 crores and offer for sale of 69.90 lakh shares aggregating to ₹202.00 crores.
Fusion CX IPO opens for subscription on Oct 14, 2026 and closes on Oct 16, 2026. The allotment for the Fusion CX IPO is expected to be finalized on Oct 19, 2026. Fusion CX IPO will list on NSE and BSE with a tentative listing date fixed as Oct 22, 2026.
Fusion CX IPO is set issue price band at ₹275 to ₹289 per share. The lot size for an application is 51 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,739 (51 shares) (based on upper price).
Nuvama Wealth Management Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Fusion CX IPO RHP for detailed Information.
Issue details
IPO Date
14 to 16 Oct, 2026
Listing Date
Thu, Oct 22, 2026
Face Value
₹1 per share
Price Band
₹275 to ₹289
Lot Size
51 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 51 | ₹14,739 |
| Retail (Max) | 13 | 663 | ₹1,91,607 |
| S-HNI (Min) | 14 | 714 | ₹2,06,346 |
| S-HNI (Max) | 67 | 3417 | ₹9,87,513 |
| B-HNI (Min) | 68 | 3468 | ₹10,02,252 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not less than 75% |
| Retail | Not more than 10% |
| NII | Not more than 15% |
About the company
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.
- Global 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.
Financials
| Metric | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 1,367.85 | 1,385.15 | 1,143.25 | 768.02 |
| Total Income | 503.85 | 1,851.83 | 1,352.03 | 1,021.53 |
| Profit After Tax | 55.70 | 169.84 | 74.31 | 36.26 |
| EBITDA | 95.09 | 329.87 | 197.78 | 104.62 |
| NET Worth | 610.84 | 552.46 | 354.58 | 270.15 |
| Reserves and Surplus | 607.01 | 547.97 | 345.76 | 258.54 |
| Total Borrowing | 238.13 | 266.86 | 306.73 | 210.61 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Jun 30, 2026 | Mar 31, 2026 |
|---|---|---|
| ROE | 8.99% | 30.30% |
| ROCE | 19.84% | 71.59% |
| Debt/Equity | 0.51 | 0.53 |
| RoNW | 9.12% | 30.74% |
| PAT Margin | 11.36% | 9.34% |
| EBITDA Margin | 20.03% | 19.48% |
| NAV | 48.35 | 43.73 |
| P/B (x) | 5.98 | 6.61 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
13.37
P/E (x)
21.62
Market Cap at Offer Price
₹3,672.01 Cr.
Objects of the issue
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by (i) Company; (ii) certain Subsidiaries (direct and certain step-down subsidiaries)
- Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools i.e. Arya and MindVoice
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Nuvama Wealth Management Ltd., IIFL Capital Services Ltd., Motilal Oswal Investment Advisors Ltd.
FAQs
How to apply in Fusion CX IPO through Zerodha?+
Zerodha customers can apply online in Fusion CX IPO using UPI as a payment gateway. Zerodha customers can apply in Fusion CX IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Fusion CX IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Fusion CX IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Fusion CX IPO will open?+
The Fusion CX IPO opens on Wed, Oct 14, 2026 and closes on Fri, Oct 16, 2026.
What is the lot size of Fusion CX IPO?+
Fusion CX IPO lot size is 51 , and the minimum amount required for application is ₹14,739 .
How to apply for Fusion CX IPO?+
You can apply in Fusion CX IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Fusion CX IPO allotment?+
The finalization of Basis of Allotment for Fusion CX IPO will be done on Monday, October 19, 2026 , and the allotted shares will be credited to your demat account by Wed, Oct 21, 2026 . Check the Fusion CX IPO allotment status .
When is Fusion CX IPO listing date ?+
The Fusion CX IPO listing date is not yet announced. The tentative date of listing is Thu, Oct 22, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.