Fusion CX IPO Allotment Status: How to Check, Listing Date

Fusion CX IPO Allotment Status: How to Check Online, Listing Date and Allotment Odds

The Fusion CX IPO closed on October 16, 2026, and the basis of allotment is expected on Monday, October 19, with shares scheduled to list on BSE and NSE on Thursday, October 22, Business Today reported. Investors can check Fusion CX IPO allotment status on the registrar KFin Technologies' website, or on BSE and NSE, using their PAN or application number.

This guide walks through each method step by step, explains when refunds and share credits happen, and shows why retail allotment odds in this particular issue are tighter than usual.

Key Takeaways

• Allotment (tentative): Monday, October 19, 2026.
• Listing: Thursday, October 22, 2026, on BSE and NSE.
• Registrar: KFin Technologies.
• Price band: ₹275–289; minimum bid 51 shares (₹14,739 at the upper band).
• Retail quota is only 10% of the net offer, not the usual 35%.
• GoPocket calculation: at the upper band, the issue values Fusion CX at about 24.7 times FY26 profit.

Fusion CX IPO Details at a Glance

Sources: Free Press Journal (October 2026) and Business Today (October 14, 2026). Allotment date is as per the issue's tentative timetable.

How to Check Fusion CX IPO Allotment Status on KFin Technologies

KFin Technologies is the registrar, so its website is usually the first place where allotment results appear.

1. Go to the KFin Technologies IPO status page (ipostatus.kfintech.com).
2. Select "Fusion CX Limited" from the IPO dropdown.
3. Choose one option: application number, demat account number or PAN.
4. Enter the details and the captcha shown on screen.
5. Click Submit to see how many shares, if any, were allotted.

How to Check Allotment Status on BSE

1. Visit the BSE application status page (bseindia.com, under Investors → Status of Issue Application).
2. Select "Equity" as the issue type.
3. Choose Fusion CX from the issue name list.
4. Enter your application number or PAN.
5. Complete the captcha and click Search.

How to Check Allotment Status on NSE

1. Visit NSE's IPO bid verification page (nseindia.com, under Invest → Check trades and bids).
2. Log in or register with your PAN.
3. Select the Fusion CX symbol (FUSIONCX).
4. Enter your application number and PAN, then submit.

You can also check your demat account on the day shares are credited. If the shares appear in your holdings, you've received an allotment.

What Happens After Allotment?

• If you get shares: The blocked amount in your bank account is debited, and shares are credited to your demat account before listing day.
• If you don't get shares: The UPI mandate or ASBA block is released, so the money becomes usable again. No interest is earned on the blocked amount.
• If you get partial allotment: Only the value of allotted shares is debited; the rest is unblocked.

Because an exchange holiday falls on Tuesday, October 20 (Dussehra), the listing is scheduled for Thursday, October 22, rather than the usual three working days after closing. Always check the final timetable in exchange notices.

GoPocket Analysis: Why Retail Allotment Odds Are Tighter

Fusion CX's retail quota is only 10% of the net offer, against the more common 35%. The 75/15/10 split is generally used when a company does not meet SEBI's profitability track-record conditions for the standard route. That leaves fewer shares for small investors.

Here's a rough calculation of how many retail applicants can receive shares at the upper band:

• Total issue shares ≈ ₹702 crore ÷ ₹289 ≈ 2.43 crore shares.
• Retail portion ≈ 10% ≈ 24.3 lakh shares.
• Minimum lots available ≈ 24.3 lakh ÷ 51 ≈ 47,600.

When the retail portion is oversubscribed, SEBI rules require allotment of at least one minimum lot to as many applicants as possible, chosen by lottery. So roughly 47,600 retail applicants can get one lot each. If, for example, 2 lakh valid retail applications were received, the rough odds would be about 1 in 4. These are illustrative estimates; actual odds depend on the final number of valid applications and on anchor and quota adjustments.

Applying for more lots doesn't usually improve your chances in an oversubscribed retail book. One application per PAN is what counts.

How Was Fusion CX IPO Valued?

Business Today reported that the issue gives Fusion CX a market capitalisation of about ₹4,172 crore at the upper band. Fusion CX reported FY26 revenue from operations of ₹1,818 crore, up 37%, and profit of ₹169 crore, up from ₹74.40 crore, Free Press Journal reported.

• Price-to-earnings: ₹4,172 crore ÷ ₹169 crore ≈ 24.7x FY26 profit.
• Price-to-sales: ₹4,172 crore ÷ ₹1,818 crore ≈ 2.3x FY26 revenue.

These GoPocket calculations use post-issue market value and full-year FY26 numbers. Brokerage notes quoted in Business Today put the P/E at 21.6x to 25x depending on the earnings measure used.

What Does Fusion CX Do?

Fusion CX is a Kolkata-headquartered customer experience and business process outsourcing company, founded in 2004. It handles customer service across voice, email, chat and social media for clients in telecom, healthcare, technology, travel, financial services and retail. As of June 30, 2026, it had 13,735 employees, 40 delivery centres in 13 countries and 208 customers, according to Free Press Journal.

Of the ₹500 crore fresh issue, ₹275 crore is earmarked for repaying borrowings and ₹61 crore for upgrading AI tools at subsidiaries. The ₹202 crore offer for sale goes to selling shareholders, not the company. Our earlier Fusion CX IPO price band and financials article covers the business in more detail.

How Was Demand?

Demand built up through the bidding window. The issue was subscribed 1.23 times by the morning of the final day, Zee Business reported, with more bids typically coming in during the final hours. Final category-wise subscription figures are published on the NSE and BSE websites, and they're the most reliable record of demand.

What Are the Key Risks?

• Acquisition-led growth: The company has bought six businesses in three years, which brings integration risk.
• AI disruption: Automation could reduce demand for traditional customer-service work, even as Fusion CX invests in AI tools.
• Client concentration and contracts: BPO revenue depends on renewing large client contracts.
• Currency: Overseas revenue exposes earnings to exchange-rate swings.
• Listing volatility: Grey market premiums are unofficial and don't guarantee listing gains.

What's Next on the IPO Calendar?

Next week brings Jio Platforms and Paras Healthcare IPOs, plus the listings of several issues that closed this month. See our upcoming IPOs next week guide, and track all live issues on the GoPocket IPO page.

Sources

• Business Today, Fusion CX IPO opens today: Should you apply or avoid?, October 14, 2026
• Free Press Journal, Fusion CX Sets ₹275–289 IPO Price Band, ₹702 Crore Issue Opens October 14, October 2026
• Zee Business, Fusion CX IPO Last Day Today: Issue subscribed 1.23 times so far, October 16, 2026

Disclaimer: This article is for information and educational purposes only. It is not a recommendation to apply for, buy or sell any security. IPO dates are tentative and may change; verify with exchange and registrar notices. Consult a SEBI-registered investment adviser before investing.