Fusion CX Limited IPO
closed · BSE · Bookbuilding IPO
Fusion CX Limited IPO was a ₹702 crore book-built issue on BSE with a price band of ₹275–₹289 per share, open for bidding from 14 Oct 2026 to 16 Oct 2026.
Last updated: · How we collect data
Company overview
- Website
- https://www.fusioncx.com/
IPO overview
Fusion CX Limited raised ₹702 crore through a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).
Bids were accepted within a price band of ₹275–₹289 per share (face value ₹1); the final issue price is set within this band after bidding closes.
The shares are proposed to be listed on BSE.
Nuvama Wealth Management Ltd. was the book-running lead manager and Kfin Technologies Ltd. is the registrar, which processes applications, allotment and refunds.
Stated objects of the issue: Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by (i) Company; (ii) certain Subsidiaries (direct and certain step-down subsidiaries) Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools i.e. Arya and MindVoice Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
- Issue type
- Bookbuilding IPO
- Issue structure
- Fresh capital cum OFS
- Issue size
- ₹702 crore
- Price
- ₹275–₹289 per share
- Face value
- ₹1 per share
- Exchange
- BSE
- Lead manager
- Nuvama Wealth Management Ltd.
- Registrar
- Kfin Technologies Ltd.
IPO timeline
- Bidding opens 14 Oct 2026
- Bidding closes 16 Oct 2026
- Basis of allotment 19 Oct 2026
- Refunds / unblocking 21 Oct 2026
- Shares credited to demat 21 Oct 2026
- Listing 22 Oct 2026
Bidding ran from 14 Oct 2026 to 16 Oct 2026.
After bidding, the basis of allotment is due on 19 Oct 2026, refunds / unblocking of funds are due on 21 Oct 2026 and shares are due to be credited to demat accounts on 21 Oct 2026.
Listing is scheduled for 22 Oct 2026.
Subscription summary
By the close of bidding, the issue was subscribed 4.68× overall (last figure recorded 16 Oct 2026).
By category: qualified institutional buyers (QIB) 4.21×, non-institutional investors (NII) 4.73× and retail investors 5.99×.
Recorded day by day: 14 Oct 0.43×, 15 Oct 1.16× and 16 Oct 4.68×.
Bids were received for 4.68× the shares available, so not every applicant in an oversubscribed category will receive shares.
| Category | Subscribed (as of 16 Oct 2026) |
|---|---|
| QIB | 4.21× |
| NII | 4.73× |
| Retail | 5.99× |
| Overall | 4.68× |
Grey market premium (unofficial)
The last grey market premium (GMP) we recorded for this issue was ₹15 on 18 Oct 2026, equal to 5.2% of the upper price band.
Across 6 readings between 13 Oct 2026 and 18 Oct 2026, the quoted GMP ranged from ₹6 to ₹35.
- GMP is unofficial: it is not published or verified by NSE, BSE or SEBI, changes quickly, and is not a forecast or guarantee of the listing price.
Allotment
Allotment status should become available on or after 19 Oct 2026.
The registrar, Kfin Technologies Ltd., processes allotment; check status on its website or the exchange's application-status page.
Offer documents
Where the offer document differs from any figure on this page, the document prevails.
Sources and data methodology
NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); InvestorGain live subscription report (third-party); InvestorGain grey market report (unofficial); Chittorgarh allotment calendar. Methodology · Report an error
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