Fusion CX Ltd's initial public offering (IPO), worth Rs 702 crore, will open for subscription on October 14, 2026. The customer experience solutions provider has fixed the price band at Rs 275–289 per share.
Fusion CX IPO: Rs 702-crore issue to open on October 14; check price band, GMP and key details
Moneycontrol Newsअपडेटेड Oct 09, 2026 पर 2:53 PM
The IPO comprises a fresh issue of shares worth Rs 500 crore and an offer for sale (OFS) of 69.90 lakh shares aggregating Rs 202 crore. While the proceeds from the fresh issue will go to the company, the OFS will allow existing shareholders to sell part of their holdings.
Fusion CX has set the IPO price band at Rs 275–289 per share. The minimum application size for retail investors is 51 shares, translating into an investment of Rs 14,739 at the upper end of the price band.
The issue will open on October 14 and close on October 16, with allotment expected on October 19. The shares are scheduled to debut on the stock exchanges on October 22. Nuvama Wealth Management Ltd is the book-running lead manager, while KFin Technologies Ltd is the registrar to the issue.
In the grey market, the Fusion CX shares were commanding a premium of 14 percent over the IPO price on the morning of October 9, as per InvestorGain.
The GMP can fluctuate depending on market conditions, subscription trends and investor sentiment. It is not regulated by the stock exchanges and does not guarantee the listing price or returns.
Fusion CX plans to utilise part of the fresh issue proceeds to repay or prepay certain outstanding borrowings of the company and its subsidiaries, including select step-down subsidiaries.
The company also plans to invest in its step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Private Limited, to upgrade information technology tools, including Arya and MindVoice.
These investments are intended to support the company's technology capabilities and strengthen its operational infrastructure.
Fusion CX reported an improvement in its financial performance in FY26, with total income and profit increasing from the previous financial year.
Total income rose 37 percent to Rs 1,852 crore in FY26 from Rs 1,352 crore in FY25. Profit after tax (PAT) more than doubled to Rs 170 crore from Rs 74 crore, marking an increase of around 128 percent.
About Fusion CX Ltd
Incorporated in 2004, Fusion CX is a technology-driven customer experience (CX) solutions provider offering multilingual services across voice, chat, email, social media and messaging platforms.
The company provides customer acquisition, customer support, collections, retention and technical assistance services, along with digital solutions. Through its technology subsidiary, Omind Technologies, it develops artificial intelligence-powered tools for customer engagement, marketing, quality automation and workforce management.
Fusion CX serves clients across telecommunications, banking, financial services and insurance (BFSI), healthcare, retail and technology. As of March 31, 2026, the company had 13,357 employees engaged in its customer experience business operations.
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