Fusion CX Ltd. on Tuesday filed its preliminary papers with the Securities and Exchange Board of India to raise up to Rs 1,000 crore via an initial public offering. The public offer will include a fresh issues of shares worth Rs 600 crore, and an offer-for-sale component aggregating to Rs 400 crore.
P N S Business Pvt. and Rasish Consultants Pvt. are the promoter selling shareholders, who are offloading stake worth up to Rs 200 crore each. The equity shares are proposed to be listed on the National Stock Exchange of India and BSE Ltd.
Nuvama Wealth Management Ltd., IIFL Capital Services Ltd., and Motilal Oswal Investment Advisors Ltd. are the book-running lead managers for the issue and KFin Technologies Ltd. will be the registrar of the issue.
Proceeds from the fresh issue will be utilised for the repayment of borrowings, investment in the subsidiaries for upgrading IT tools, and for general corporate purposes.
Business
Fusion CX is a customer experience service provider delivering integrated CX services across multiple channels including voice, email, chat, and more. Fusion CX blends domain expertise with a portfolio of proprietary AI tools to enable multilingual and omnichannel engagement at scale.
The company's business process solutions and services company maintains focus on key verticals, including telecom and utilities, healthcare and life sciences, HTT, BFSI, and retail. Fusion FX has developed a multilingual global network with 40 delivery centers spread across 15 countries as on Dec. 31, 2024.
As of April 30, 2025, the company's debt pile stands at Rs 328.69 crore.
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