SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
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Fusion CX IPO

FUSIONCX · BSE,NSE

ClosedMainboard

IPO Opportunity Score

53/100

Average Opportunity

Apply?

Selective Apply

Risk

Moderate

Est. listing gain

2–4%

Retail allotment odds

22.6%

HNI allotment odds

36.3%

Mixed signals — selective apply only if thesis fits your risk appetite. Prefer 1 lot to limit capital blocked.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🟢 Subscription heat: Low Interest

Price band

₹275 – ₹289

GMP

+₹10 (+3.46%)

Est. listing

₹299

Issue size

₹702 Cr

Subscription

4.43x

Min. investment

₹14,739

GMP last updated: 16-Oct 23:37

IPO DNA

A multi-dimensional read instead of a single number. 3 of 8 dimensions can be assessed from the data we receive — the rest are shown as gaps rather than filled with placeholder scores.

Business Quality

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Growth

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Financial Strength

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Valuation

No data

Valuation multiples and peer comparables are not available from our current data sources.

Demand

55/100

Total subscription of 4.43x across all categories. Category-wise (QIB/NII/Retail) split is not published in our feed, so this is overall demand only.

Listing Setup

55/100

Derived from an unofficial grey-market premium of 3.46%. Last updated 16-Oct 23:37. GMP is unregulated and can reverse quickly.

Governance

No data

Promoter holding, pledge and anchor-investor data are not available from our current data sources.

Liquidity

62/100

Structural read from a ₹702 Cr issue. Mainboard listings usually see broader participation. This reflects issue structure, not observed post-listing volume.

Dimensions are analytical views built from published issue data and unofficial grey-market quotes. They are not a recommendation to apply for or avoid this IPO.

GMP Divergence Check

Cross-checks the unofficial grey-market premium against visible demand and issue structure, so a strong premium is not read in isolation.

No divergence detected

Premium and demand are broadly consistent

Checks we could not run

  • Valuation vs peers — multiples and comparables are not in our data sources.
  • Institutional (QIB) demand quality — category-wise subscription is not published in our feed.
  • Anchor-investor participation — not available from our data sources.

Grey-market premium is unofficial and unregulated. This check describes signal consistency only and is not investment advice.

Information Confidence

How complete and fresh the information behind this page is — kept separate from any view on the IPO itself, so a well-documented issue is never confused with an attractive one.

100%High completeness

Grey-market premium last updated 16-Oct 23:37.

Published (10)

Price band · Lot size · Issue size · Bidding dates · Listing date · Allotment date · Registrar details · RHP document · Company profile · Subscription figures

Awaiting disclosure (0)

Every expected field is available for this issue.

Not collected by this site

  • Company financials — revenue, profit, ROE/ROCE, debt
  • Valuation multiples and peer comparables
  • Category-wise subscription (QIB / NII / Retail / Employee)
  • Anchor investors and promoter holding
  • Fresh issue vs offer-for-sale split

Sources

  • officialExchange / issuer feed (price band, dates, lot size, documents)
  • unofficialGrey-market aggregator (premium only)

Scenario Lab

Test this issue against your own assumptions. Every output here is a scenario you control, not a forecast of what will happen.

₹
₹1₹5,000
15000
150
%
03
%
040

Break-even price

₹292

1.01% above issue price

Capital deployed

₹14,739

51 shares

Costs recovered

₹148

Both legs of the trade

Tax assumption

20%

Applied to gains above break-even

Cost and tax inputs are yours to set — we do not apply a default brokerage plan or assume your tax slab. Confirm actual charges with your broker and tax treatment with a qualified professional. Scenarios are illustrative and not predictions.

About the company

Sector: DVRISIN: INE0N2201019
Fusion CX Ltd. provides customer experience management and business process services to enterprises through multiple communication channels, including telephone, email, online chat, social media and messaging platforms. The Company has also expanded into AI data infrastructure, offering services such as data sourcing, data annotation, image and video tagging, and robotic teleoperation. The Company integrates human-led service delivery with proprietary technology and artificial intelligence to facilitate customer engagement across languages and digital channels. Its solutions are designed to streamline business processes, enhance service quality and automate customer interactions. Through its subsidiary, Omind Technologies, Fusion CX is developing technology platforms for AI-based marketing, conversational intelligence, automated quality monitoring and workforce management. As of June 30, 2026, the Company had established 40 delivery centres in 13 countries, provided support in 28 languages and maintained relationships with 208 customers, including 22 Fortune 1000 companies. Its operations cater to several industry segments, such as telecommunications and utilities, healthcare and life sciences, high technology and travel, banking, financial services and insurance (BFSI), and consumer retail. During Fiscal 2026, Fusion CX recorded revenue from operations of ₹1,818.14 crore, representing a year-on-year increase of 36.77% compared with Fiscal 2025. Telecommunications and technology accounted for 47.34% of operating revenue, followed by BFSI at 13.52%, healthcare at 13.14%, consumer and retail at 12.12%, and other sectors at 13.88%. Geographically, the US and Canada generated 85.26% of revenue, while India contributed 11.29%, the UK and Europe accounted for 3.11%, and other markets represented the remaining 0.34%. Customer concentration remained significant, with the five largest clients contributing 39.55% of total revenue and the ten largest clients accounting for 49.66%.

Issue details

Face value₹1
Lot size51
Min. quantity51
Cut-off price₹289
Listing price—
ISININE0N2201019
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts12 Oct 2026
Bidding opens14 Oct 2026
Bidding closes16 Oct 2026
Allotment starts19 Oct 2026
Allotment date21 Oct 2026
Refund initiation21 Oct 2026
Listing date22 Oct 2026
Mandate end27 Nov 2026

Registrar

KFin Technologies Limited

Contact: Williams R

Phone: +91 40 67162222 / 18003094001

fusion.ipo@kfintech.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About Fusion CX IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for Fusion CX IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.