What is the GMP of Fusion CX IPO today?

The grey market premium (GMP) of Fusion CX IPO is ₹40 (+13.84% of the issue price), as of 9 Oct 2026, 2:09 pm IST. GMP is an unofficial indicator and can change quickly.

What is the price band of Fusion CX IPO?

The price band of Fusion CX IPO is ₹275.00 – ₹289.00.

When does Fusion CX IPO open and close?

Fusion CX IPO opens on 14-Oct and closes on 16-Oct, with listing expected on 22-Oct.

What is the lot size of Fusion CX IPO?

The lot size is 51 shares, so the minimum investment is ₹14,739.

What is the estimated listing price of Fusion CX IPO?

Based on the current GMP, the estimated listing price is ₹329. This is indicative only and not guaranteed.

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IPOUpcoming

Fusion CX IPO

Business Process Outsourcing (BPO)/Knowledge Process Outsourcing (KPO) · BSE, NSE

LIVE GMP₹40+13.84% vs issue price

Issue price₹289upper price band

Est. listing₹329+13.84% indicative gain

SubscriptionNot opentimes subscribed

Lot size51shares per lot

AI ANALYST

Scorecard & verdict

Runs a scoring rubric against this IPO's live GMP, subscription, and web research data. Shared across all visitors — computed once, then cached for everyone.

GMP MOVEMENT

Grey market trend

Initial

2 recorded GMP updates · Oldest to latest

TREND READ

Initial GMP trend

Fusion CX IPO's grey market premium is currently showing a Initial trend across the last 1 grey market sessions. The GMP has moved from ₹40 to ₹40, a net gain of ₹0. 0% of these sessions were positive versus 0% negative, with the premium swinging across a range of ₹0.

Starting GMP₹40

Net change+₹0

GMP range₹0

Sessions1

LIVE DEMAND

Subscription by investor category

IPO not open yet

QIBNot availableQualified institutions

NII / HNINot availableNon-institutional investors

bNIINot availableHNI applications above ₹10L

sNIINot availableHNI applications below ₹10L

RetailNot availableRetail individual investors

TotalNot availableOverall subscription

ISSUE DETAILS

Dates, pricing & lot

Opening date14-Oct

Closing date16-Oct

Listing date22-Oct

Price band₹275.00 – ₹289.00

Issue size₹702.00 Cr

Minimum investment₹14,739

Est. profit per lot₹2,040

ExchangeBSE, NSE

CategoryIPO

HISTORY

GMP updates

Date & time	GMP	Movement
09 Oct, 10:02 am	₹40	Up
08 Oct, 10:37 pm	₹0	Flat

ISSUE STRUCTURE

IPO details

IPO Date: 14 to 16 Oct, 2026
Listing Date: Thu, Oct 22, 2026
Face Value: ₹1 per share
Price Band: ₹275 to ₹289
Lot Size: 51 Shares
Sale Type: Fresh capital cum OFS
Issue Type: Bookbuilding IPO
Listing At: BSE, NSE
Total Issue Size: 2,42,90,657 shares (agg. up to ₹702 Cr)
Fresh Issue: 1,73,01,038 shares (agg. up to ₹500 Cr)
Offer for Sale: 69,89,619 shares of ₹1 (agg. up to ₹202 Cr)
Share Holding Pre Issue: 12,70,59,295 shares
Share Holding Post Issue: 14,43,60,333 shares

SCHEDULE

IPO timetable (tentative)

IPO OpenWed, Oct 14, 2026
IPO CloseFri, Oct 16, 2026
AllotmentMon, Oct 19, 2026

ALLOCATION

Issue reservation

Investor Category	Shares
QIB	Not less than 75%
Retail	Not more than 10%
NII	Not more than 15%

APPLICATION

IPO lot size

Investors can bid for a minimum of 51 shares and in multiples thereof.

Application	Lots	Shares	Amount
Retail (Min)	1	51	₹14,739
Retail (Max)

COMPANY

About Fusion CX Ltd.

Updated Oct 9, 2026

Incorporated in 2004, Fusion CX Limited is a customer experience (CX) and business process solutions provider offering multichannel customer support through voice, email, chat, social media and messaging. The company also provides AI data infrastructure services, including data collection, data annotation, image and video labelling, and robotic teleoperations.

Fusion CX combines human expertise with technology and proprietary AI tools to deliver multilingual, omnichannel customer engagement, improve operational efficiency and automate customer interactions. Through its subsidiary, Omind Technologies, the company is developing AI-powered solutions for marketing, conversational AI, quality automation and workforce management.

As of June 30, 2026, Fusion CX operated 40 delivery centres across 13 countries, supported customers in 28 languages and served 208 customers, including 22 Fortune 1000 companies. Its key industry verticals include telecom and utilities, healthcare and life sciences, high-tech and travel, banking, financial services and insurance (BFSI), and retail.

Key Strengths

FINANCIALS

Company financials (restated)

Fusion CX Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 129% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended	30 Jun 2026	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	1,367.85	1,385.15	1,143.25	768.02
Total Income	503.85	1,851.83	1,352.03	1,021.53
Profit After Tax	55.70	169.84	74.31	36.26
EBITDA

USE OF FUNDS

Objects of the issue

#	Issue Objects	Est Amt (₹ Cr.)
1	Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by (i) Company; (ii) certain Subsidiaries (direct and certain step-down subsidiaries)	275.70
2	Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools i.e. Arya and MindVoice	61.15
3	Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes	—
—	Total	336.84

PERFORMANCE

Key performance indicators

KPI

PRICING

IPO valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	13.37	15.43
P/E (x)	21.62	18.73
Market Cap at Offer Price	₹3,672.01 Cr.	₹4,172.01 Cr

OWNERSHIP

Shareholding structure

Category	Pre IPO	Post IPO
Promoter and Promoter Group	99.03%	81.82%

ROE	8.99%	30.30%
ROCE	19.84%	71.59%
Debt/Equity	0.51	0.53
RoNW	9.12%	30.74%
PAT Margin	11.36%	9.34%
EBITDA Margin	20.03%	19.48%
NAV	48.35	43.73
P/B (x)	5.98	6.61