Fusion CX IPO
UpcomingMainboardOpens 14 October 2026Closes 16 October 2026
Incorporated in 2004, Fusion CX Limited provides customer experience (CX) management and business process services to enterprises through multiple communication channels, including telephone, email, online chat, social…
Incorporated in 2004, Fusion CX Limited provides customer experience (CX) management and business process services to enterprises through multiple communication channels, including telephone, email, online chat, social media, and messaging platforms. The company has expanded into AI data infrastructure, offering services such as data sourcing, data annotation, image and video tagging, and robotic teleoperation. Integrating human-led service delivery with proprietary technology and AI, Fusion CX streamlines business processes and automates customer interactions. As of June 30, 2026, the company operated 40 delivery centres across 13 countries, serving 208 customers globally.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
14 Oct 2026
IPO Closes
16 Oct 2026
Allotment
19 Oct 2026
Listing
22 Oct 2026
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 14 October 2026 |
| IPO Close Date | 16 October 2026 |
| Allotment Date | 19 October 2026 |
| Listing Date | 22 October 2026 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,739 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,91,607 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,06,346 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,87,513 |
BHNIAbove ₹10,00,000 | 68 | ₹10,02,252 |
IPO Reservation Details
| Category | Reservation |
|---|---|
| QIB (Qualified Institutional Buyer) | 75.00% |
| NII (Non-Institutional Investor) | 15.00% |
| SHNI (Small Non-Institutional Investor) | 5.00% |
| BHNI (Big Non-Institutional Investor) | 10.00% |
| Retail | 10.00% |
| Total | 100.00% |
IPO Objectives
- Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company and certain direct/step-down Subsidiaries (estimated at ₹275.70 Cr).
- Investment in step-down subsidiaries (Omind Technologies Inc. and Omind Technologies Pvt. Ltd.) for upgrading IT tools such as Arya and MindVoice (estimated at ₹61.15 Cr).
- Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives, and General Corporate Purposes.
Strengths
- Extensive global delivery network comprising 40 delivery centres across 13 countries, offering 24x7 multilingual support.
- Continuous strategic R&D investments dedicated to creating in-house, AI-driven solutions to foster CX transformation.
- Diversified presence serving clients across various high-growth industries including Telecom & Utilities, Healthcare, Retail, and BFSI.
- Proven acquisition track record and a highly experienced management team driving operational scale.
Weaknesses
- High customer concentration risk, with the top 10 clients accounting for nearly 50% of the total revenue from operations.
- Heavy reliance on the North American market, which generated over 80% of revenue in FY26, exposing the business to regional economic downturns.
- Substantial employee benefit expenses forming around 65% of the total operating revenue, making the company vulnerable to wage inflation.
- Exposure to complex foreign exchange risks and regulatory compliance due to operating in 13 international jurisdictions.
Financial Performance
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 1,367.85 | 1,385.15 | 1,143.25 | 768.02 |
| Revenue (₹ Cr.) | 503.85 | 1,851.83 | 1,352.03 | 1,021.53 |
| PAT (₹ Cr.) | 55.7 | 169.84 | 74.31 | 36.26 |
| Net Worth (₹ Cr.) | 610.84 | 552.46 | 354.58 | 270.15 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Fusion CX Limited | 6.61 | 21.45 | 30.74% | 552.46 |
| Hinduja Global Solutions Ltd. | 0.2 | 0 | -1.17% | 8,436 |
| Sagility India Limited | 2.13 | 20.73 | 9.57% | 9,659 |
| Inventurus Knowledge Solution | 10.53 | 38.6 | 25.77% | 2,800 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- Fusion CX Limited
- Plot No. Y9, Block EP & GP, Sector-5, Bidhan Nagar, Salt Lake, Kolkata - 700091, West Bengal, India
- +91 033 4508 6520
- secretarial@fusioncx.com
- https://www.fusioncx.com
Registrar Details
- KFin Technologies Limited
- +91 40 67162222 / 18003094001
- fusion.ipo@kfintech.com
- https://www.kfintech.com
Frequently Asked Questions
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Fusion CX IPO News & Updates
Follow the latest updates for Fusion CX IPO, including grey market moves and allotment news.
Fusion CX IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Fusion CX IPO Details
Issue size, price, financials, and company info
Fusion CX IPO GMP
Live grey market premium and listing estimate
Fusion CX IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Fusion CX IPO Allotment
Allotment date, chances, and check by PAN
Fusion CX IPO Review
SWOT, strengths, risks, and IPO review
Fusion CX IPO FAQ
Common questions on dates, GMP, and allotment
Fusion CX IPO Registrar
Registrar website and how to check allotment
Fusion CX IPO Timeline
Open, close, allotment, and listing dates
Fusion CX IPO News
Updates, blogs, and latest IPO news
Sources
We match Fusion CX IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- KFin Technologies LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.