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Business news · IPO & Capital Markets · 07 Oct 2026

Fusion CX is reported to be launching a Rs 700-800 crore IPO next week, cut from Rs 1,000 crore planned

IN Services Information Technology

What happened

Kolkata-based customer-experience outsourcer Fusion CX may open its IPO as early as next week, according to a PTI report carried by Upstox. The issue is put at Rs 700-800 crore, down from the Rs 1,000 crore first planned, and combines new shares with an offer for sale by promoters PNS Business and Rasish Consultant. SEBI cleared it in December 2025. The company reported FY26 revenue of Rs 1,818 crore, up 37%, and net profit of Rs 170 crore against Rs 74.40 crore, with 40 delivery centres in 13 countries and more than 13,700 employees. Nuvama, IIFL Capital and Motilal Oswal are the lead managers.

Why it matters for listed companies

No dates or price band have been announced, so this remains a report, not a schedule. If it opens next week it shares the calendar with HD Fire Protect (October 13-15, Rs 258-271 a share) and comes shortly before the Jio Platforms issue reported for October 21-23, so several issues would be drawing on the same pool of institutional and retail money. Fusion CX sells outsourced customer support, a line of work also done by listed BPO and IT-services companies, where clients are pressing for lower prices as AI handles more routine contacts.

Reported by Upstox — “Fusion CX IPO: AI-powered customer experience solutions provider likely to launch ₹700-₹800 crore offer next week” ↗ on 07 Oct 2026.

How these sectors have moved since

NSE stocks, from the last close on or before 07 Oct 2026 to the close on 16 Oct 2026.

SectorStocksMedian moveUpvs all stocks
Services30 -1.5%11 of 30-0.6 pts
Information Technology40 +6.4%32 of 40+7.3 pts
All tracked stocks804-0.9%321 of 804—
These figures are measured, not attributed. Prices and rates move for many reasons at once; they show what happened after this story, not that the story caused it. Nothing here is a recommendation to buy, sell or hold.

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