Fusion Klassroom Edutech IPO
GMP, Subscription, Price, Dates & Financial Details
Educational Institutions
Incorporated in 2016, Fusion Klassroom Edutech Ltd. is an education technology (EdTech) company that provides professional, academic, and competitive examination coaching through a hybrid learning model that integrates offline classroom teaching with digital education. The company primarily caters…
Open Date
Fri, 31 Jul 2026
Close Date
Tue, 04 Aug 2026
Price Band
₹ 151 – 159
Lot Size
800
Issue Size
₹ 39.04 Cr
Minimum Investment
₹ 254,400 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Fusion Klassroom Edutech IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹39 Crore, comprising a fresh issue of 18.66 Lakh equity shares aggregating to ₹31.63 Crore and an offer for sale (OFS) of 4.66 Lakh equity shares aggregating to ₹7.41 Crore by the existing shareholders.
The Fusion Klassroom Edutech IPO remained open for subscription from July 31, 2026, to August 04, 2026. The basis of allotment was finalized on August 05, 2026, and the company's shares were listed on BSE SME Platform on August 07, 2026.
The company had fixed the price band at ₹151 to ₹159 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹254,400 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited served as the registrar to the issue. Narnolia Financial Services acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Fusion Klassroom Edutech Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Fusion Klassroom Edutech IPO Timeline (Tentative)
- IPO Open Date
- Fri, 31 Jul 26
- IPO Close Date
- Tue, 04 Aug 26
- Basis of Allotment
- Wed, 05 Aug 26
- Initiation of Refunds
- Thu, 06 Aug 26
- Credit of Shares to Demat
- Thu, 06 Aug 26
- Listing Date
- Fri, 07 Aug 26 — NSE & BSE
Open Date
31 July 2026
Close Date
04 August 2026
Basis Of Allotment
05 August 2026
Listing Date
07 August 2026
IPO Subscription
Check Live Subscription →The Fusion Klassroom Edutech IPO has received bids for 25,76,000 shares against 16,35,200 shares offered, resulting in an overall subscription of 1.58x. the NII category is subscribed 1.82x, Retail Investors 1.8x, and QIBs 1x. Within the NII category, BNII is subscribed 1.99x, while SNII is subscribed 1.48x.
QIB
1x
NII
1.82x
BNII
1.99x
SNII
1.48x
RII
1.8x
Total
1.58x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 8,17,600 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,64,800 shares (28.42%), while Non-Institutional Investors (NIIs) receive 3,52,800 shares (21.58%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 464,800 | 28.42% |
| Non-Institutional | 352,800 | 21.58% |
| BNII | 235,200 | 14.38% |
| SNII | 117,600 | 7.19% |
| Retail Investors | 817,600 | 50% |
| Total | 1,635,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 25.46 | 12.06 | 4.48 |
| Revenue | 23.1 | 10.11 | 4.62 |
| Profit After Tax | 7.6 | 2.9 | 0.34 |
| Net Worth | 18.41 | 10.03 | 3.92 |
| Reserve & Surplus | 11.09 | 10.01 | 3.9 |
| Total Borrowings | 3.43 | 1.01 | 0.32 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Fusion Klassroom Edutech Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 53.45 | 41.66 | 13.08 |
| ROCE % | 45.6 | 29.92 | 12.41 |
| Debt / Equity | 0.19 | 0.1 | 0.08 |
| RoNW % | 53.45 | 41.66 | 13.08 |
| Pat Margin % | 32.99 | 28.79 | 7.5 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Fusion Klassroom Edutech Ltd | 10 | 0 | 13.96 | 13.96 | 53.45 | 25.22 |
| Physicswallah Ltd | 10 | 0 | -0.86 | -0.86 | -15.96 | 15.8 |
| MPS Limited | 10 | 21.39 | 87.8 | 87.8 | 31.12 | 279.69 |
| Verand Learning Solutions Ltd | 10 | 0 | -34.73 | -34.73 | -97.93 | 34.54 |
| Arihant Academy Ltd | 10 | 61.99 | 7.34 | 7.34 | 13.8 | 41.35 |
About Fusion Klassroom Edutech Limited
Incorporated in 2016, Fusion Klassroom Edutech Ltd. is an education technology (EdTech) company that provides professional, academic, and competitive examination coaching through a hybrid learning model that integrates offline classroom teaching with digital education. The company primarily caters to students preparing for professional courses such as Chartered Accountancy (CA), Company Secretary (CS), Cost and Management Accountancy (CMA), along with other commerce-related and competitive examinations.
By leveraging technology-driven learning solutions, the company aims to improve accessibility, affordability, and flexibility in education while expanding its presence across multiple cities in India.
Business Model
1. B2C – Education OTT Platform & Offline Learning
Fusion Klassroom operates a proprietary AI-powered Education OTT platform, offering live and recorded lectures across academic, competitive examination, and skill development courses.
The platform follows a subscription-based model with affordable pricing:
- Basic Plan: ₹1,250 per year
- Enterprise Plan: ₹3,000 per year
In addition to its online platform, the company has established a network of 30 offline partner centres, primarily in Mumbai, providing classroom coaching for:
- Classes 8–12
- JEE
- NEET
- CA
- Commerce courses
- Skill development programs
The annual fee for these classroom programs ranges between ₹25,000 and ₹45,000, depending on the course.
2. Skill Development & Employability Programs
The company offers vocational and industry-oriented training programs designed to enhance employability. These include courses in:
- Artificial Intelligence (AI)
- Machine Learning (ML)
- Data Science
- Coding and Programming
- Entrepreneurship
- Emerging Technologies
These programs are delivered through classroom, online, and hybrid learning formats, with an emphasis on practical skills and industry readiness.
3. B2B2C, B2B & B2G Institutional Partnerships
Fusion Klassroom collaborates with:
- State Governments
- Universities
- Educational Institutions
- Corporate Organizations
Through these partnerships, the company delivers large-scale education and skilling solutions, including:
- Digital learning content
- Teacher training programs
- AI & Machine Learning laboratories
- Hybrid learning infrastructure
- Internship and employability modules
- AI-powered student assessment and performance evaluation systems
Technology Platform
The company has developed its own AI-powered Education OTT platform, Klassroom Konnect, which offers both live and recorded learning content. The platform supports personalized learning experiences while enabling students to access educational content anytime and anywhere.
Operations & Scale
As of July 22, 2026, Fusion Klassroom Edutech Ltd. operates a scalable hybrid education ecosystem comprising:
- 30 offline partner centres
- AI-powered Education OTT application
- 100+ academic and skill-development courses
- More than 400,000 registered users
- Over 100,000 paid subscribers
- More than 100,000 mobile app downloads
Growth Strategy
The company's growth strategy focuses on expanding its digital learning ecosystem and strengthening its hybrid education model. Future growth is expected to be driven by:
- Increasing student enrollments
- Expansion of offline learning centres
- Enhancement of faculty network
- Introduction of new professional and skill-development courses
- Greater adoption of AI-enabled learning solutions
- Expansion of institutional partnerships across the B2B and B2G segments
Employee Strength
As of July 22, 2026, the company had a total workforce of 26 employees.
Fusion Klassroom Edutech IPO Promoters
- Mrs. Alka Nikhil Javeri
- Mr. Dhruv Nikhil Javeri
- Mr. Dhumil Nikhil Javeri
Promoters Holding
Holding Pre Issue
55.07%
Holding Post Issue
39.53%
Fusion Klassroom Edutech IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company
- Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure
- Funding the capital expenditure towards Content Development
- Funding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers’ AI/ML labs
- Expenditure towards Marketing Initiatives
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Fusion Klassroom Edutech Limited Address / Contact Details
Fusion Klassroom Edutech Ltd.
Matruprabha, Plot No-78,
CTS No-2731,
Daulat Nagar Road 7, Borivali East
Mumbai, Maharashtra, 400066
Tel No: +91 8655678159
Email Id: companysecretary@klassroom.in
Website:http://www.klassroom.in/
IPO Snapshot
Fusion Klassroom Edutech IPO Lot Size
The Fusion Klassroom Edutech IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,54,400 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,54,400.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 254,400.00 |
| Retail (Max) | 2 | 1,600 | 254,400.00 |
| S-HNI (Min) | 3 | 2,400 | 381,600.00 |
| S-HNI (Max) | 7 | 5,600 | 890,400.00 |
| B-HNI (Min) | 8 | 6,400 | 1,017,600.00 |
Issue Reservation
- QIB — 28.42%
- NII — 21.58%
- RII — 50%
Book Running Lead Managers
- Narnolia Financial Services
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Fusion Klassroom Edutech IPO?
Fusion Klassroom Edutech IPO is a Book-building IPO with a total issue size of ₹39.04 crore. The Fusion Klassroom Edutech IPO price band is ₹151 to 159 per share. The Fusion Klassroom Edutech IPO subscription opens on Fri, Jul 31, 2026, and closes on Tue, Aug 4, 2026. The Fusion Klassroom Edutech IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the Fusion Klassroom Edutech IPO.
When will the Fusion Klassroom Edutech IPO open for subscription?
The Fusion Klassroom Edutech IPO opens on Fri, Jul 31, 2026 and closes on Tue, Aug 4, 2026
What is Fusion Klassroom Edutech IPO Price Band?
Fusion Klassroom Edutech IPO Price Band is ₹151 to 159 per share.
What is Fusion Klassroom Edutech IPO Lot Size?
Fusion Klassroom Edutech IPO lot size is 800 shares, Retail investors need a minimum investment of ₹254400 based on the upper price band
What is the minimum investment for Fusion Klassroom Edutech IPO?
The minimum investment for Fusion Klassroom Edutech IPO is ₹254400, based on one lot of 800 shares at the upper price band of ₹159 per share.
How to apply for Fusion Klassroom Edutech IPO?
Investors can apply for the Fusion Klassroom Edutech IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Aug 4, 2026. The application amount remains blocked until the Fusion Klassroom Edutech IPO allotment is finalized.
What is Fusion Klassroom Edutech IPO Issue Size?
Fusion Klassroom Edutech IPO issue size is ₹39.04 crores.
What is the Fusion Klassroom Edutech IPO Allotment Date?
Fusion Klassroom Edutech IPO allotment date is Wed, Aug 5, 2026.
Who is the Fusion Klassroom Edutech IPO Registrar?
The registrar for Fusion Klassroom Edutech IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check Fusion Klassroom Edutech IPO allotment status, refund processing, and other IPO-related information.
What is the Fusion Klassroom Edutech IPO GMP?
The Fusion Klassroom Edutech IPO GMP (Grey Market Premium) is ₹4 as of Fri, Jul 31, 2026. Based on the upper price band of ₹159 per share, the estimated Fusion Klassroom Edutech IPO listing price is ₹163, indicating a potential listing gain of approximately 2.52% over the issue price.
Who is the Fusion Klassroom Edutech IPO Lead Manager?
The book-running lead managers (BRLMs) for the Fusion Klassroom Edutech IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Fusion Klassroom Edutech IPO Red Herring Prospectus (RHP).