Fusion CX’s initial public offering (IPO) is set to open for subscription on October 14, 2026. According to the Red Herring Prospectus (RHP), the ₹702.00 crore book-built issue comprises a fresh issue of 1.73 crore equity shares aggregating up to ₹500.00 crore and an offer for sale (OFS) of 69.90 lakh equity shares aggregating up to ₹202.00 crore.

The IPO will remain open until October 16, 2026. The basis of allotment is expected to be finalised on October 19, 2026, and the shares are tentatively scheduled to be listed 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 Category-wise Investment Limits

The application size for each category is as follows -

Category	Investment Range
Qualified Institutional Buyers (QIBs)	Not more than 75% of the Net Issue
Non-Institutional Investors (NIIs)	Not more than 15% of the Net Issue
Retail Individual Investors (RII)	Not more than 10% of the Net Issue

The minimum investment amount for each category, based on the upper price band of ₹289 per share, is as follows -

Investor Category	Lots	Shares	Investment Amount (Approx.)
Retail (Minimum)	1	51	₹14,739
Retail (Maximum)	13	663	₹1,91,607
sNII (Minimum)	14	714	₹2,06,346
bNII (Minimum)	68	3468	₹10,02,252

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

Incorporated in 2004, Fusion CX is a customer experience (CX) and business process solutions provider offering services through voice, email, chat, social media and messaging channels. It also provides AI data infrastructure services, including data collection, annotation, labelling and teleoperations. The company combines domain expertise with proprietary AI tools and generative AI technologies to deliver multilingual, omnichannel customer engagement and improve operational efficiency.

Fusion CX serves key industry verticals, including telecommunications and utilities, healthcare and life sciences, high-tech and travel (HTT), banking, financial services and insurance (BFSI), and retail. Its growth strategy includes acquisitions that have expanded its service portfolio and customer base. As of June 30, 2026, the company operated 40 delivery centres and two sales offices across 13 countries, supporting its global service delivery network.

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