Fusion CX
Customer experience and business process outsourcing services provider.
Last updated 14 Oct 2026, 7:14 pm IST
- Price band
- ₹275 – ₹289
- Lot size
- 51
- Issue size
- ~₹702 Cr (₹500 Cr fresh + ₹202 Cr OFS)
- Opens
- 14 Oct 2026
- Closes
- 16 Oct 2026
- Exchange
- Both
The numbers
- GMP
- Unofficial ~₹19 (~6.6%) (12 Oct; earlier ₹55 on 10 Oct)
- Subscription
- Not yet available (opened 14 Oct)
- Listing date
- 22 Oct 2026
- Model prediction
- ~+7% expected -> Subscribe. GMP ~6.6%, no subscription data yet (on track). Call locks 2 PM 16 Oct.
Anil Singhvi's take
Anil Singhvi (Zee Business) called the issue reasonably valued - neither cheap nor expensive - but did not give a clear apply or avoid verdict in the portion we could read. He liked the revenue and profit growth, the experienced promoters and the presence in 13 countries. His main worry is concentration: about 85% of revenue comes from the US and Canada.
The Ticker Tales take
Fusion CX provides customer experience and outsourced business process services to companies. The issue is about ₹702 crore, roughly ₹500 crore of fresh shares that go into the company and ₹202 crore of existing owners selling. It opened on 14 Oct; the unofficial grey market premium has cooled from about ₹55 to roughly ₹19, around 6.6% over the top of the band, and no subscription figures are out yet. Anil Singhvi sees the pricing as fair, likes the growth and global footprint, but flags heavy reliance on US and Canada revenue. We expect a modest listing - a pop of around 7% - so this is a Subscribe, but only just. The call is open to change until it locks at 2 PM on 16 Oct.
More details
- Issue type
- Fresh ₹500 Cr + OFS ₹202 Cr
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.