Fusion CX Reveals Rs 702 Crore IPO Price Band Ahead of Opening on October 14

Fusion CX Ltd is set to launch its initial public offering (IPO) with a price band fixed at Rs 275–289 per share, raising a total of Rs 702 crore. The subscription period will commence on October 14, 2026, and conclude on October 16, 2026. This book-built issue comprises a fresh issue of 1.73 crore shares, valued at Rs 500 crore, along with an offer for sale (OFS) of 69.90 lakh shares amounting to Rs 202 crore. The allotment of shares is anticipated to be finalized on October 19, 2026, with listings planned on the BSE and NSE on October 22, 2026. For retail investors looking to participate, a minimum investment of Rs 14,739 will be necessary at the upper end of the price band, as the COO size is set at 51 shares.

While grey market sentiments are yet to emerge, the financial performance of Fusion CX showcases a robust track record, indicating potentially favorable expectations from investors. In FY26, the company reported a remarkable 37% increase in total income, rising to Rs 1,852 crore from Rs 1,352 crore in FY25. Profit after tax surged by 128%, suggesting strong operational efficiency. The company’s price-to-earnings (P/E) ratio stands at 20.51 times and 21.55 times for the lower and upper price bands, respectively, showcasing its valuation compared to its earnings.

This IPO presents an intriguing opportunity for retail investors seeking exposure to a technology-driven customer experience solutions provider. Fusion CX’s diversified service portfolio and expansion into North America’s lucrative markets can further accentuate its growth trajectory. Investors should, however, remain cognizant of the customer concentration risk inherent in the company’s revenue structure. As the market sentiment develops in the coming weeks, monitoring the grey market trends could provide additional context for decision-making.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)