Fusion CX IPO Day 1: Subscription Status, Timeline & Key Issue Details

14 October 2026
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Fusion CX’s ₹702.00 crore IPO opened for subscription on October 14, 2026, with shares offered in the price range of ₹275 to ₹289 apiece. By 10:00 AM on the first day of bidding, the IPO had been subscribed 0.01 times.

The subscription window closes on October 16, 2026. The basis of allotment is expected to be finalised on October 19, while the shares are tentatively scheduled to list on the BSE and NSE on October 22, 2026.

Fusion CX IPO - Issue Details

  • Issue Type: Book Built Issue (OFS only)
  • Total Issue Size: Up to ₹702.00 crore
  • Fresh Issue: Up to ₹500.0 crore
  • Offer for Sale (OFS): Up to ₹202.00 crore
  • Face Value: ₹1 per equity share
  • Price Band: ₹275 to ₹289 per share
  • Lot Size: 51 shares
  • Minimum Investment Amount (Retail Investor): ₹14,739 (51 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running Lead Managers: Nuvama Wealth Management Limited, IIFL Capital Services Limited, Motilal Oswal Investment Advisors Limited
  • Registrar: KFin Technologies Limited

Fusion CX IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

14 October 2026

Subscription Closing Date

16 October 2026

Basis of Allotment Date

19 October 2026

Refund Initiation Date

21 October 2026

Credit of Shares

21 October 2026

Listing on BSE and NSE

22 October 2026

Note: The allotment and listing dates are tentative and may be revised.

Explore other Upcoming IPOs on BSE and NSE.

Fusion CX IPO Day 1 Subscription Status

[October 14, 2026, 10:00 A.M.]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.02x

Retail Individual Investors (RIIs)

0.05x

Total 

0.01x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

  • Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the 
    • company
    • certain Subsidiaries (direct and certain step-down subsidiaries);
  • Investment in its step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Private Limited, for upgrading IT tools i.e. Arya and MindVoice
  • Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives.
  • General corporate purposes.

About Fusion CX Limited

Established in 2004, Fusion CX provides customer experience (CX) management and business process solutions across voice, email, chat, social media and messaging platforms. Its services also cover AI data infrastructure, including data collection, annotation, labelling and teleoperations. The company integrates industry knowledge with proprietary AI tools and generative AI technologies to support multilingual customer interactions across channels and enhance operational efficiency.

Fusion CX caters to several industries, including telecommunications and utilities, healthcare and life sciences, high-tech and travel (HTT), banking, financial services and insurance (BFSI), and retail. Acquisitions have played a role in expanding its service offerings and customer base. As of June 30, 2026, the company had 40 delivery centres and two sales offices across 13 countries, enabling it to serve clients across multiple markets.

Key Financial Highlights 

Particulars

For the three month period ended June 30, 2026 (in ₹ crore)

FY26

(in ₹ crore)

FY25

(in ₹ crore)

Revenue from operations

490.48 

1,818.14

1,329.30 

EBITDA

95.09 

329.87 

197.7

Profit After Tax (PAT)

55.70 

169.84 

74.31

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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