Fusion CX IPO Day 2: Subscription Status, Timeline & Key Issue Details

Fusion CX’s ₹702 crore IPO entered Day 2 of bidding on October 15, 2026, with the issue subscribed 0.54 times as of 10:20 AM. The company has set a price band of ₹275 to ₹289 per share, with the subscription window scheduled to close on October 16.

The basis of allotment is expected to be finalised on October 19. The company’s shares are provisionally 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:

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

Explore other Upcoming IPOs on BSE and NSE.

Fusion CX IPO Day 2 Subscription Status

[October 15, 2026, 10:20 A.M.]

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

Founded in 2004, Fusion CX provides customer experience management and business process services across voice, email, chat, social media and messaging channels. It also offers AI data services, including data collection, annotation, labelling and teleoperations, using proprietary tools and generative AI technologies to support multilingual customer interactions.

The company serves sectors such as telecom, healthcare, technology, travel, BFSI and retail. As of June 30, 2026, it operated 40 delivery centres and two sales offices across 13 countries. Acquisitions have also helped expand its service portfolio and customer base.

Key Financial Highlights 

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