Fusion CX IPO Day 3: Subscription Status, Timeline & Key Issue Details
Fusion CX’s ₹702 crore IPO entered its final day of bidding on October 16, 2026, with the issue subscribed 1.44 times as of 10:05 AM. The company has set a price band of ₹275 to ₹289 per share.
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:
|
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 3 Subscription Status
[October 16, 2026, 10:05 A.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
0.05x |
|
Non-Institutional Investors (NIIs) |
1.87x |
|
Retail Individual Investors (RIIs) |
4.97x |
|
Total |
1.44x |
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 delivers customer experience management and business process services through voice, email, chat, social media and messaging platforms. Its offerings also include AI data services such as data collection, annotation, labelling and teleoperations, supported by proprietary tools and generative AI technologies for multilingual customer support.
The company caters to industries including telecommunications, healthcare, technology, travel, banking, financial services, insurance (BFSI) and retail. As of June 30, 2026, it operated 40 delivery centres and two sales offices across 13 countries. Its acquisitions have further strengthened its service capabilities and broadened its customer base.
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 |
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