Fusion CX Limited logo

Fusion CX IPO: GMP, subscription and allotment status

MainboardKFin TechnologiesListed22 Oct

—No subscription figures

Listed at
₹305
+5.5% on issue price
Est. listing
—
No estimate
Price band
₹275–289
Lot
51 shares
Min. ₹14,739

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

14 → 16 Oct · allot 19 · list 22

Refunds and shares in your demat account on 21 Oct.

Subscription by category

Subscription figures for this issue aren't available here.

See this IPO on IPOWatch

Issue details

Segment
Mainboard
Face value
₹1
Issue type
Book Building Issue
Fresh issue
₹500 Crores
Offer for sale
69,89,619 Equity Shares
Listing at
BSE, NSE
Registrar
KFin Technologies
NSE symbol
FUSIONCX

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 51 shares
₹14,739
Retail Maximum
13 lots, 663 shares
₹1,91,607
S-HNI Minimum
14 lots, 714 shares
₹2,06,346
S-HNI Maximum
67 lots, 3,417 shares
₹9,87,513
B-HNI Minimum
68 lots, 3,468 shares
₹10,02,252

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

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 Cr
Investment in step-down subsidiaries, Omind Technologies Inc. and Omind Technologies Pvt.Ltd., for upgrading IT tools i.e. Arya and MindVoice
₹61.15 Cr
Pursuing inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹503.85 Cr−72.8% on 2026

Profit, ₹ crore

₹55.7 Cr−67.2% on 2026

Assets, ₹ crore

₹1,367.85 Cr−1.2% on 2026

Jun 2026
Revenue ₹503.85
Profit ₹55.70
2026
Revenue ₹1,851.83
Profit ₹169.84
2025
Revenue ₹1,352.03
Profit ₹74.31
2024
Revenue ₹1,021.53
Profit ₹36.26

In ₹ crore, for the years the offer document reports.

ROE
30.30%
ROCE
71.59%
EBITDA Margin
19.48%
PAT Margin
9.34%
Debt to equity ratio
1.25
Earning Per Share (EPS)
₹13.47 (Basic)
Return on Net Worth (RoNW)
30.74%
Net Asset Value (NAV)
₹43.73

Listed peers

FirstSource Solutions Limited
P/E 22.27x
EPS 9.77
eClerx Services Limited
P/E 19.65x
EPS 76.23
Alldigi Tech Limited
P/E 14.12x
EPS 53.96
Inventurus Knowledge Solutions Limited
P/E 31.41x
EPS 43.12
Sagility India Limited
P/E 21.66x
EPS 1.98
Hinduja Global Solutions Limited
P/E 51.07x
EPS 6.92

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
75%
NII
15%
Retail
10%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Pankaj Dhanuka, Kishore Saraogi, P N S Business Pvt
Promoter holding
99.03% before the IPO, 81.82% after
Lead managers
Nuvama Wealth Management Ltd., IIFL Capital Services Ltd., Motilal Oswal Investment Advisors Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does Fusion CX IPO open and close?
Bidding ran from 14 October 2026 to 16 October 2026.
What is the Fusion CX IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Fusion CX IPO list?
It listed on 22 October 2026.
What is the lot size and minimum investment for Fusion CX IPO?
One lot is 51 shares, so the minimum investment at the upper price of ₹289 is ₹14,739.
How do I check Fusion CX IPO allotment status?
KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Fusion CX IPO listing price & allotment status