Archive · 29 May 2025
Fusion CX Plans Rs 1,000 Crore IPO for Expansion and Debt
Imagine a company called Fusion CX that helps other businesses with their customer service.
They want to raise money to grow and pay off some existing loans.
They plan to do this by selling shares of their company to the public through an IPO, which is like asking lots of people to invest in their company.
They hope to raise about Rs 1,000 crore!
Some of the money will be used to pay back what they owe, some to upgrade their computer tools, and the rest to help the company expand by acquiring other businesses.
They made nearly Rs 1,000 crore last year and are doing even better this year.
Fusion CX, a customer experience service provider, plans an IPO.
The IPO aims to raise Rs 1,000 crore through fresh equity and an offer for sale.
Funds will be used for debt repayment, IT upgrades, and acquisitions.
The company reported Rs 991 crore in revenue for FY24.
The IPO will be managed by Nuvama Wealth, IIFL Capital, and Motilal Oswal.
- Who
- Fusion CX Limited, a customer experience service provider.
- What
- Fusion CX plans an IPO to raise Rs 1,000 crore.
- When
- The company has filed a DRHP (Draft Red Herring Prospectus) with SEBI.
- Where
- The company is based in Kolkata.
- Why
- To fund expansion, IT upgrades, acquisitions and debt repayment.
- Company Type
- Customer experience service provider
- IPO Size
- Rs 1,000 crore
- Fresh Issue
- Rs 600 crore
- Offer for Sale
- Rs 400 crore
- Financials
- FY24 Revenue: Rs 991 crore
- Listing
- BSE and NSE