Fusion CX IPO
ClosedIPOListing at: BSE, NSE • Plot No. Y9, Block EP & GP,Sector-5, Bidhan Nagar,Salt LakeKolkata, West Bengal, 700091
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
Fusion CX IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 18 Oct 2026 | ₹289 | +₹19 | 6.57% | +₹969 | 4.68x | ↑ Up |
| 17 Oct 2026 | ₹289 | +₹15 | 5.19% | +₹765 | 4.68x | ↑ Up |
| 16 Oct 2026 | ₹289 | +₹10 | 3.46% | +₹510 | 4.68x | ↓ Down |
| 15 Oct 2026 | ₹289 | +₹20 | 6.92% | +₹1,020 | 1.16x | ↓ Down |
| 14 Oct 2026 | ₹289 | +₹33 | 11.42% | +₹1,683 | 0.43x | ↓ Down |
| 13 Oct 2026 | ₹289 | +₹33.5 | 11.59% | +₹1,708.5 | - | ↑ Up |
| 12 Oct 2026 | ₹289 | +₹17 | 5.88% | +₹867 | - | Flat |
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Fusion CX IPO Details
| IPO Date | 14 Oct 2026 to 16 Oct 2026 |
| Listing At | BSE, NSE |
| Face Value | ₹1 per share |
| Price Band | ₹289 |
| Lot Size | 51 Shares |
| Total Issue Size | ₹702.00 Cr(₹1,255.57 Cr) |
| Fresh Issue | 173.00L shares (₹500 Cr) |
| Offer for Sale (OFS) | ₹202 Cr (approx 2.74 Cr shares) |
| Issue Type | Book Built Issue IPO |
Fusion CX IPO Timetable
| IPO Open Date | 14 Oct 2026 |
| IPO Close Date | 16 Oct 2026 |
| Basis of Allotment | 19 Oct 2026 |
| Initiation of Refunds | 21 Oct 2026 |
| Credit of Shares to Demat | 21 Oct 2026 |
| Listing Date | 22 Oct 2026 |
| Cut-off time for UPI Mandate | 5 PM on 16 Oct 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
Fusion CX IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| QIB Shares Offered | 75.00% | 1,82,17,992 |
| − Anchor Investor Shares Offered | 45.00% | 1,09,30,795 |
| − QIB (Ex. Anchor) Shares Offered | 30.00% | 72,87,197 |
| NII (HNI) Shares Offered | 15.00% | 36,43,598 |
| − bNII > ₹10L Shares Offered | 10.00% | 24,29,066 |
| − sNII < ₹10L Shares Offered | 5.00% | 12,14,533 |
| Retail Shares Offered | 10.00% | 24,29,066 |
Fusion CX Anchor Details
| Anchor Bid Date | 13 Oct 2026 |
| Anchor Shares Offered | 1,09,30,795 Shares |
| Total Anchor Portion | ₹315.9 Cr |
| Lock-in 50% End Date | 18 Nov 2026 (30 Days) |
| Lock-in Rem. 50% Date | 17 Jan 2027 (90 Days) |
Fusion CX IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Retail (Min) | 1 Lot | Shares | ₹14,739 | – |
| Retail (Max) | 13 Lots | Shares | ₹1,91,607 | – |
| S-HNI (Min) | 14 Lots | Shares | ₹2,06,346 | – |
| S-HNI (Max) | 67 Lots | Shares | ₹9,87,513 | – |
| B-HNI (Min) | 68 Lots | Shares | ₹10,02,252 | – |
Fusion CX Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
Fusion CX IPO Broker Consensus & Reviews
Institutional and brokerage house recommendations with verified review reports| Broker / Research Firm | Recommendation | Research Report |
|---|---|---|
| SMC Global | Neutral | View Review |
| Sushil Finance Ltd | Neutral | View Review |
| Swastika Investmart Ltd | Neutral | View Review |
| Capital Market | Neutral | View Review |
| Anand Rathi Advisors Ltd. | Apply | View Review |
| BP Equities (BP Wealth) | Apply | View Review |
| Choice Equity Broking Pvt Ltd | Apply | View Review |
| Kantilal Chhaganlal Securities Pvt Ltd | Apply | View Review |
| SBICAP Securities Limited | Apply | View Review |
| Ventura Securities Limited | Apply | View Review |
| Bajaj Financial Securities Limited | Not Rated | View Review |
| ICICI Direct | Not Rated | View Review |
Fusion CX IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|---|---|---|
| QIBs | 72,87,197 | 3,63,630 | 0.05x |
| HNIs | 36,43,598 | 55,71,954 | 1.53x |
| ↳ HNIs 10+ | 24,29,066 | 29,80,848 | 1.23x |
| ↳ HNIs 2+ | 12,14,533 | 25,91,106 | 2.13x |
| Retail | 24,29,066 | 96,70,518 | 3.98x |
| Total | 1,33,59,861 | 1,56,06,102 | 1.17x |
| QIBs | 211 | 11 | 0.05x |
| FIIs | – | 10 | 0.00x |
| DIIs | – | – | 0.00x |
| Mutual funds | – | – | 0.00x |
| Others | – | 1 | 0.00x |
| HNIs | 105 | 161 | 1.53x |
| ↳ HNIs 10+ | 70 | 86 | 1.23x |
| ↳ HNIs 2+ | 35 | 75 | 2.13x |
| Retail | 70 | 279 | 3.98x |
| Total | 386 | 451 | 1.17x |
Fusion CX Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 2026 | ₹1367.85 Cr | ₹503.85 Cr | ₹55.70 Cr | ₹95.09 Cr | ₹610.84 Cr | ₹238.13 Cr |
| 31 Mar 2026 | ₹1385.15 Cr | ₹1851.83 Cr | ₹169.84 Cr | ₹329.87 Cr | ₹552.46 Cr | ₹266.86 Cr |
| 31 Mar 2025 | ₹1143.25 Cr | ₹1352.03 Cr | ₹74.31 Cr | ₹197.78 Cr | ₹354.58 Cr | ₹306.73 Cr |
| 31 Mar 2024 | ₹768.02 Cr | ₹1021.53 Cr | ₹36.26 Cr | ₹104.62 Cr | ₹270.15 Cr | ₹210.61 Cr |
Fusion CX Key Valuation & Financial KPIs
Fusion CX IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
Fusion CX Limited, originally incorporated in 2004 as Xplore-Tech Services Private Limited, is a customer experience (CX) service provider delivering services across voice, email, chat, social media and message channels, with technology at the core of its delivery model.
The company also provides AI Data Infrastructure Services including data collection, annotation and labelling, and teleoperations services. It blends domain expertise with proprietary AI tools to enable multilingual, omnichannel engagement at scale.
Fusion CX focuses on key verticals including telecom and other utilities, healthcare, HTT (high-tech, growth and travel), BFSI and retail, where it has built deep domain specialization and long-standing customer relationships.
The company has grown through a combination of organic expansion and strategic acquisitions, having acquired and integrated several businesses to expand its service portfolio and customer base across multiple geographies.
Global Delivery Network Across 13 Countries: The company operates 40 scalable delivery centres across 13 countries, providing 24x7 multichannel support in 28 languages. Its mix of onshore, nearshore and offshore centres enables cost-effective, culturally aligned service delivery for global clients.
In-House AI-Driven R&D Investments: Continuous strategic R&D investments through subsidiary Omind have produced in-house platforms such as MindVoice and Arya, focused on CX transformation, automation and generative AI-enabled customer engagement.
Proven Track Record of Inorganic Growth: The company has a history of acquiring and successfully integrating businesses, including Ameridial Inc., Boomsourcing LLC and Sequential Technology International, LLC, expanding capabilities and driving revenue and profitability growth.
Outstanding Legal Proceedings: The company, its subsidiaries and directors are involved in various outstanding legal proceedings, including criminal, tax, statutory and civil matters aggregating to significant amounts, which could adversely affect reputation, business and financial condition if decided unfavourably.
About Fusion CX Limited
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 bidding opened for subscription on Oct 14, 2026 and will close 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.
Shariah Compliance Screening (AAOIFI Standard 21)
Fusion CX IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | View RHP |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | Disclosed | Anchor PDF |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | Kfin Technologies | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
Fusion CX IPO Registrar & Lead Managers
- Nuvama Wealth Management Ltd.
- IIFL Capital Services Ltd.
- Motilal Oswal Investment Advisors Ltd.
Plot No. Y9, Block EP & GP,Sector-5, Bidhan Nagar,Salt LakeKolkata, West Bengal, 700091
Fusion CX IPO FAQs
What is IPO GMP, and does it guarantee a listing gain?
Grey market premium is an unofficial price indication outside the exchange. It can change quickly and does not guarantee the exchange listing price, liquidity or a profit. Read it alongside the prospectus, valuation, financials and risks.
How do I check Fusion CX IPO allotment status?
Open the individual IPO report and check its allotment update and registrar details. Confirm your application outcome through the official registrar or exchange service. A scheduled allotment date is not confirmation that allotment has been declared.
What does IPO subscription mean?
Subscription compares shares bid for with shares offered in a category. For example, 2 times subscription means bids for twice the available shares in that category. Retail, institutional and other categories can have different demand; subscription alone does not establish investment quality.
How is an indicative IPO listing price calculated from GMP?
A commonly used illustration adds reported GMP to the issue price, or upper price band before the final price is known. It is a sentiment illustration, not an exchange quote or reliable forecast. Missing GMP should not be interpreted as zero.
Where can I find IPO dates, price bands and lot sizes?
The individual IPO report brings together available issue dates, price bands, lot sizes, subscription and company details. Check the final prospectus and exchange announcements before applying because issue terms can change.