The Indian primary market is witnessing fresh activity despite volatility in the secondary market, with the Fusion CX IPO opening for subscription on October 14, 2026. The company aims to raise ₹702 crore through the public issue, which combines a fresh share issue with an offer for sale (OFS).
Fusion CX Limited provides customer experience (CX) and business process solutions, offering customer support through voice calls, email, chat, social media and messaging platforms. Investors will be watching the IPO’s subscription response, price band and reported grey market premium (GMP) during the offer period.
Fusion CX IPO: Issue Size and Anchor Investors
The ₹702 crore public issue comprises a fresh issue of 1.73 crore shares worth ₹500 crore and an offer for sale of 69.90 lakh shares amounting to ₹202 crore.
Before the public subscription opened, Fusion CX raised ₹315 crore from anchor investors. The investors included domestic mutual funds such as Kotak Mahindra Mutual Fund, ICICI Prudential Mutual Fund, Motilal Oswal Mutual Fund, Quant Mutual Fund, ITI Mutual Fund and JM Financial Mutual Fund.
Kotak Mahindra Life Insurance, Bengal Finance and Investment, and foreign portfolio investors also participated in the anchor investment round.
Fusion CX IPO GMP, Price Band and Lot Size
According to InvestorGain, the Fusion CX IPO grey market premium stood at ₹33.50 late on October 13, 2026.
At the upper end of the IPO price band of ₹289 per share, this premium indicates an estimated listing price of ₹322.50, suggesting a potential gain of around 11.59%.
However, GMP is an unofficial market indicator that can fluctuate significantly. It does not guarantee the actual listing price or any profit for investors.
The company has fixed the price band at ₹275–₹289 per share. The minimum application size for retail investors is 51 shares, requiring an investment of ₹14,739 at the upper price band.
Nuvama Wealth Management is managing the issue as the book-running lead manager, while KFin Technologies is the registrar.
Fusion CX IPO: Important Dates
The key dates for the public issue are as follows:
- IPO opens: October 14, 2026
- IPO closes: October 16, 2026
- Allotment date: October 19, 2026
- Refund initiation: October 21, 2026
- Shares credited to demat accounts: October 21, 2026
- Tentative listing date: October 22, 2026
Investors should check the official IPO documents and exchange announcements for any updates to the schedule.
What Does Fusion CX Do?
Fusion CX operates in the customer experience and business process solutions industry. Its services cover customer interactions across multiple channels, including telephone, email, chat, social media and messaging applications.
The company also provides AI data infrastructure services, including data collection, data annotation, image and video labelling, and robotic teleoperations.
According to the company’s management, its business model combines human expertise, technology and proprietary AI tools to support multilingual customer engagement, improve operational efficiency and automate customer interactions.
Fusion CX also has a subsidiary, Omind Technologies, which is developing AI-powered solutions for marketing, conversational AI, quality automation and workforce management.
The company’s IPO will give investors an opportunity to assess its customer experience services and AI-related business activities alongside the issue’s valuation and financial details.
Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice or a recommendation to subscribe to the Fusion CX IPO or buy or sell any security. Grey market premiums are unofficial and do not guarantee listing gains. Investors should read the official offer documents, evaluate the risks and consult a qualified financial adviser before making investment decisions.
