About Fusion CX Ltd IPO
Fusion CX IPO is set to enter the Indian primary market on October 14, 2026, and will remain open for subscription until October 16, 2026. The mainboard IPO is a book-built issue comprising a fresh issue of equity shares aggregating ?500 crore and an Offer for Sale (OFS) of up to 69,90,000 equity shares, with a face value of ?1 each, at a price band of ?275-?289 per share. The issue is expected to raise approximately ?702 crore, with the shares proposed to be listed on the BSE and NSE.
Nuvama Wealth Management Limited, IIFL Capital Services Limited and Motilal Oswal Investment Advisors Limited are managing the issue, while KFin Technologies Limited is the Registrar to the Issue.
The proceeds from the fresh issue are proposed to be utilised towards repayment or prepayment of certain outstanding borrowings of the Company and its subsidiaries, investment in its step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Private Limited, for upgrading information technology tools, including Arya and MindVoice, and pursuing inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes. The proceeds from the Offer for Sale will be received by the respective selling shareholders, after deducting applicable expenses and taxes.
About Fusion CX Limited
Incorporated in 2004, Fusion CX is a technology-led customer experience (“CX”) services provider offering omnichannel customer engagement solutions across voice, email, chat, social media and messaging, along with AI Data Infrastructure Services, including data collection, annotation, labelling and teleoperations. With a human-and-technology-centric approach, the Company combines deep domain expertise with proprietary AI platforms and third-party technologies to deliver intelligent, multilingual and scalable solutions that enhance customer engagement, operational efficiency and cost optimization.
The Company has developed domain expertise across key industry verticals, including telecom and utilities, high-tech growth and travel (“HTT”), banking, financial services and insurance (“BFSI”), retail, and healthcare and life sciences.
As of June 30, 2026, Fusion CX operated through 40 delivery centres and two sales offices across 13 countries, providing services in 28 languages and enabling support across multiple geographies and time zones. The Company served 208 customers, including 22 Fortune 1000 companies, and had 13,735 CX employees and 3,829 field workforce personnel supporting operational activities in the telecom and utilities sector.
Technology-led transformation is a key component of the Company's strategy. Through its subsidiary, Omind Technologies Inc. and its subsidiary, Omind Technologies Private Limited (collectively, “Omind”), the Company is developing proprietary platforms across marketing AI, conversational AI, quality automation and workforce management. It also integrates third-party AI solutions to enhance multilingual communication and automate routine customer interactions.
The Company has also pursued an acquisition-led growth strategy, acquiring and integrating businesses in the CX sector to expand its service capabilities and customer base.
Fusion CX IPO is set to enter the Indian primary market on October 14, 2026, and will remain open for subscription until October 16, 2026. The mainboard IPO is a book-built issue comprising a fresh issue of equity shares aggregating ?500 crore and an Offer for Sale (OFS) of up to 69,90,000 equity shares, with a face value of ?1 each, at a price band of ?275-?289 per share. The
Fusion CX IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 1,91,45,454 crores |
| Non-Institutional Investors (NIIs) | 15% | 38,29,090.8 crores |
| Retail Individual Investors (RIIs) | 10% | 25,52,727.2 crores |
Fusion CX IPO Strengths & Weaknesses
Presence across 13 countries with 40 delivery centres, supporting 28 languages through an integrated onshore, nearshore and offshore delivery model.
Focus on developing proprietary AI-powered solutions for automation, customer engagement and technology-enabled service delivery through Omind.
Acquisition-led growth strategy focused on expanding service capabilities, strengthening industry expertise and broadening the customer base.
Operations across telecom and utilities, HTT, BFSI, retail, and healthcare and life sciences, complemented by AI Data Infrastructure Services.
Tailored CX solutions supported by client collaboration, continuous feedback, sector-specific expertise and scalable global operations.
Adverse outcomes in legal proceedings involving the Company, its subsidiaries or directors may negatively impact its business, reputation and financial performance.
A significant portion of revenue is derived from international customers, particularly in North America, exposing the Company to currency fluctuations and geopolitical, regulatory, tax and economic risks.
Cyberattacks, data breaches or security failures may disrupt operations, compromise sensitive information and adversely affect the Company's reputation and financial condition.
Failure to protect proprietary technologies, confidential information and intellectual property rights may adversely affect the Company's competitive position and business.
Goodwill and intangible assets constitute a significant portion of the Company's assets; any impairment may adversely affect its financial condition and results of operations.
Fusion CX IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 19 Oct '26 | 22 Oct '26 | 21 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 2,55,27,272 shares (aggregating up to ₹14,739 crores) |
| Fresh Issue | 1,73,01,038 shares (aggregating up to ₹1,73,01,038 crores) |
| Offer for Sale | 69,89,619 shares of ₹1 (aggregating up to ₹69,89,619 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 98.46 shares |
| Post-Issue Shareholding | 81.82 shares |
Fusion CX IPO Lot Size and Investment Details
| Minimum Lot Size | 51 shares |
| Maximum Lot Size (Retail) | 1,683 shares |
The lot size of Fusion CX ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Fusion CX IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Fusion CX IPO Contact & Registrar Details
Contact Details
Address
Plot No Y9 Block E P & G P Sector-5 Kolkata
Phone Number
Website
Registrar Details
Registrar Name
Kfin Technologies Ltd.
Phone Number
Fusion CX Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Nuvama Wealth Management Ltd | IIFL Capital Services Ltd | Motilal Oswal Investment Advisors Pvt Ltd |



