The Fusion CX IPO is an upcoming public issue of Fusion CX Limited, a technology-enabled customer experience and business process services company. The company provides customer experience solutions through multiple communication channels, including voice, email, chat, social media and messaging. Its technology-driven service model also includes AI data infrastructure services such as data collection, data annotation, data labelling and teleoperations.
The Fusion CX IPO opened on 14-October-2026 and is scheduled to close on16-October-2026. The IPO consists of a fresh issue as well as an offer for sale by existing shareholders. Investors can use this page to check the Fusion CX IPO date, price band, market lot, IPO size, GMP, allotment date, subscription details and listing information.
Fusion CX serves clients across several industries, including telecommunications and utilities, healthcare and life sciences, banking, financial services and insurance (BFSI), and retail. The company has developed domain expertise across these sectors and combines customer support operations with technology-enabled business solutions.
Fusion CX IPO Promoters
Pankaj Dhanuka, Kishore Saraogi, P N S Business Pvt. Ltd. and Rasish Consultants Pvt. Ltd. are the promoters of Fusion CX. The promoters and promoter group have played an important role in developing the company’s customer experience and business process services operations.
Fusion CX Business Overview
Fusion CX operates in the customer experience and business process services industry. The company helps businesses manage customer interactions through several digital and traditional channels, including voice, email, chat, social media and messaging.
Its service portfolio is supported by technology and includes solutions designed to improve customer engagement, operational efficiency and service delivery. In addition to its customer experience business, Fusion CX provides AI data infrastructure services covering activities such as data collection, data annotation and labelling and teleoperations.
The company focuses on several industry verticals, including telecom and utilities, healthcare and life sciences, BFSI and retail. Its sector-focused approach allows it to develop specialized business process solutions for different customer requirements.
Fusion CX IPO Date, Details & Price Band
The Fusion CX IPO price band, IPO dates, issue size, face value and other important details are provided in the table below.
| IPO Opening Dates | 14-October-2026 |
| IPO Closing Dates | 16-October-2026 |
| Price Band | ₹275-₹289 per share |
| Fresh Issue | ₹500 Crores |
| Offer for Sale | ₹202 Crores |
| Total IPO Size | ₹702 Crores |
| Face Value | ₹1 per share |
| Issue Type | Book Built Issue |
| Listing On | NSE, BSE |
| Pre IPO Market Cap | ₹4,172.01 Cr (on Upper Price) |
Fusion CX IPO Market Lot
The Fusion CX IPO minimum market lot is 51 shares. Based on the upper price band of ₹289 per share, one retail lot requires an application amount of ₹14,739.
Investors should note that the amount blocked for an IPO application depends on the number of lots applied for and the applicable IPO price band.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 51 | ₹14,739 |
| Retail Maximum | 13 | 663 | ₹1,93,765 |
| S-HNI Minimum | 14 | 714 | ₹2,08,670 |
| S-HNI Maximum | 67 | 3,417 | ₹9,98,635 |
| B-HNI Minimum | 68 | 3,468 | ₹10,13,540 |
Fusion CX IPO: Objects of the Issue
The fresh issue component of the Fusion CX IPO is intended to support the company’s business and corporate requirements. Investors should refer to the final Red Herring Prospectus (RHP) for the precise allocation of funds and the company’s stated objectives of the issue.
The offer for sale component represents shares offered by existing shareholders. The proceeds from an offer for sale generally accrue to the selling shareholders rather than to the company.
Fusion CX Financial Performance
Fusion CX has reported growth in revenue and profitability across the financial years presented in its IPO information. Revenue increased from ₹1,021.53 crore in FY2024 to ₹1,352.03 crore in FY2025 and further to ₹1,851.83 crore in FY2026.
Profit after tax also increased during the same period, rising from ₹36.26 crore in FY2024 to ₹74.31 crore in FY2025 and ₹169.84 crore in FY2026. This indicates a significant improvement in the company’s reported profitability over the period.
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-26 | 1,385.15 | 1,851.83 | 169.84 |
| 31-Mar-25 | 1,143.25 | 1,352.03 | 74.31 |
| 31-Mar-24 | 768.02 | 1,021.53 | 36.26 |
Fusion CX IPO Strengths
Fusion CX has several business characteristics that may be relevant to investors evaluating the IPO. The company operates across multiple customer experience channels and serves clients from different industry verticals.
- Diversified customer experience services: The company provides services through voice, email, chat, social media and messaging channels.
- Technology-enabled operations: Technology plays an important role in its service delivery model, including AI data infrastructure services.
- Multiple industry verticals: The company serves sectors such as telecom, utilities, healthcare, life sciences, BFSI and retail.
- AI data infrastructure exposure: Its services include data collection, data annotation, data labelling and teleoperations.
- Revenue and profit growth: The financial information supplied for the IPO shows growth in both revenue and profit after tax over the reported period.
Fusion CX IPO Risks
Investors should also evaluate the risks disclosed in the company’s RHP before applying for the IPO. The customer experience and business process services industry is competitive and can be affected by changing technology, customer requirements and pricing pressure.
The increasing adoption of automation and artificial intelligence may create opportunities for the company, but it can also change the competitive landscape. Investors should therefore evaluate Fusion CX’s ability to maintain customer relationships, expand its service portfolio and adapt to technological changes.
Other risks may include dependence on customers and specific industry verticals, employee-related costs, competition, changes in international markets and other factors identified in the company’s RHP.
Fusion CX IPO GMP & Grey Market Premium
The Fusion CX IPO GMP (Grey Market Premium) represents the premium at which the IPO is reportedly being traded in the unofficial grey market. GMP can change frequently depending on IPO demand, subscription levels, market sentiment and broader market conditions.
Investors should remember that the grey market is unofficial and the GMP should not be treated as a guaranteed indicator of the Fusion CX IPO listing price.
Check the latest Fusion CX IPO GMP, Kostak Rate and Subject to Sauda information before making an investment decision.
Fusion CX IPO Review
The Fusion CX IPO offers investors exposure to the customer experience and business process services industry along with technology-enabled and AI data infrastructure services. The company’s presence across multiple industry verticals and communication channels provides diversification within its business operations.
From the financial information provided, the company has shown strong growth in revenue and profit after tax in the reported financial years. However, investors should compare the IPO valuation with the company’s earnings, growth rate, industry peers and the risks disclosed in the RHP.
The final IPO decision should be based on the company’s financial performance, valuation, business outlook, IPO objectives, competitive position, risk factors and prevailing market conditions rather than GMP alone.
Fusion CX IPO Prospectus
The Fusion CX IPO Prospectus contains detailed information about the company’s business, financial performance, risk factors, promoters, management, legal matters and the proposed IPO. Investors should read the RHP carefully before applying for the issue.
| DRHP | Download |
| RHP | Download |
| Anchor Investors List | Download |
Fusion CX IPO Allotment Date & Details
After the IPO closes, the registrar will process the basis of allotment. Investors can check their application status using the registrar’s website once the allotment process is completed.
| Allotment Date | 19-October-2026 |
| Initiation of Refunds | 21-October-2026 |
| Transfer of Shares to Demat Accounts | 21-October-2026 |
| Listing Date | 22-October-2026 |
| Check Allotment Status | Click here |
Fusion CX IPO Registrar
KFin Technologies Limited is the registrar for the Fusion CX IPO. The registrar is responsible for processing IPO applications, maintaining application records and handling the allotment process.
301, The Centrium, 3rd Floor,
57, Lal Bahadur Shastri Road,
Nav Pada, Kurla (West),
Kurla, Mumbai,
Maharashtra, India 400 070
Tel: +91 40 67162222 / 18003094001
E-mail: fusion.ipo@kfintech.com
Website: www.kfintech.com
Investor Grievance ID: einward.ris@kfintech.com
Contact Person: Williams R
SEBI Registration Number: INR000000221
Fusion CX IPO Contact Address
Fusion CX Ltd
Address: Plot No. Y9, Block EP & GP,
Sector-5, Bidhan Nagar,
Salt Lake,
Kolkata, West Bengal, 700091
Phone: 033 4508 6520
Email: secretarial@fusioncx.com
Fusion CX IPO Lead Managers
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower
Rahimtullah Sayani Road
Opposite Parel ST Depot
Prabhadevi, Mumbai 400 025
Maharashtra, India
Tel: +91 22 7193 4380
E-mail: fusion.ipo@motilaloswal.com
Investor Grievance E-mail: moiaplredressal@motilaloswal.com
Website: www.motilaloswal.com
Contact Person: Vaibhav Shah
SEBI Registration No.: INM000011005
IIFL Capital Services Limited (formerly known as IIFL Securities Limited)
24th Floor, One Lodha Place,
Senapati Bapat Marg,
Lower Parel (West),
Mumbai 400013,
Maharashtra, India
Tel: +91 22 4646 4728
E-mail: fusioncx.ipo@iiflcap.com
Investor Grievance E-mail: ig.ib@iiflcapital.com
Website: www.iiflcapital.com
Contact Person: Dhruv Bhavsar / Pawan Kumar Jain
SEBI Registration No.: INM000010940
Nuvama Wealth Management Limited
801–804, Wing A, Building No. 3,
Inspire BKC, G Block, Bandra Kurla Complex East,
Mumbai 400 051,
Maharashtra, India
Tel: +91 22 4009 4400
E-mail: fusion@nuvama.com
Investor Grievance E-mail: customerservice.mb@nuvama.com
Website: www.nuvama.com
Contact Person: Lokesh Shah
SEBI Registration Number: INM000013004
Fusion CX IPO FAQs
When is the Fusion CX IPO opening date?
The Fusion CX IPO is scheduled to open on 14-October-2026.
What is the Fusion CX IPO price band?
The supplied IPO information mentions a price band of ₹275 to ₹289 per share.
What is the minimum lot size of the Fusion CX IPO?
The minimum application lot is 51 shares, requiring ₹14,739 at the upper price band of ₹289 per share.
What is the Fusion CX IPO size?
The supplied issue structure contains a fresh issue of ₹500 crore and an offer for sale of ₹202 crore, making a calculated total issue size of ₹702 crore. Please verify this against the final RHP before publishing.
Where can I check the Fusion CX IPO allotment status?
Investors can check the Fusion CX IPO allotment status through the IPO registrar’s official website after the basis of allotment is finalized.
Is Fusion CX IPO GMP reliable?
No. IPO GMP is an unofficial market indicator and can change frequently. Investors should not consider GMP as a guaranteed indication of the actual listing price.