Fusion CX, an IT-enabled services provider, is set to launch its ₹702 crore (IPO) this week, following a strong anchor investment round of ₹120 crore from prominent investors including Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund.
₹702 crore
IPO Size
⏳ Time Machine
How today’s news fits into the bigger picture
April 2024
Fusion CX filed DRHP for IPO.
Fusion CX filed its Draft Red Herring Prospectus (DRHP) with SEBI, outlining its plans for an to raise capital for business expansion and other corporate purposes.
July 2025
Indian IPO market saw record fundraising.
The Indian experienced a surge in IPO activity, with several companies successfully raising significant capital, signaling strong investor appetite for new listings.
January 2026
IT-enabled services sector showed strong growth.
Reports indicated robust growth in India's IT-enabled services sector, driven by increased demand for digital transformation and customer experience solutions globally.
September 2026
SEBI approved Fusion CX's IPO papers.
The Securities and Exchange Board of India (SEBI) granted its approval for Fusion CX's IPO application, clearing the way for the company to proceed with its public offering.
Today
Fusion CX secured ₹120 crore from anchor investors, including Ashish Kacholia and Sanshi Fund, ahead of its ₹702 crore IPO opening this week.
What happens next?
Fusion CX's IPO will open for public subscription this week, with its final price band and specific dates to be announced.
Fusion CX, a leading IT-enabled services company, is poised to launch its Initial Public Offering (IPO) this week, aiming to raise **₹702 crore**. The IPO has already garnered significant investor interest, securing **₹120 crore** from anchor investors. Noteworthy names like ace investor Ashish Kacholia and Mukul Agrawal-backed Sanshi Fund, along with Kotak Mahindra Life Insurance, have acquired a combined **3.19% stake** in the company ahead of its public debut. This robust anchor investment signals strong market confidence in Fusion CX's growth prospects and provides a positive start for its listing.
💭 If you're wondering…
An anchor investor is a qualified institutional buyer (QIB) who applies for shares before the main IPO opens. Their participation helps build confidence and provides a floor for demand during the main subscription period.
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