Fusion Klassroom Edutech Limited logo

IPO details · Updated

Fusion Klassroom Edutech Limited

ClosedSMEBSE: 544856
Check Allotment
Price Band
₹151 – ₹159
Lot Size
800 shares
Min. Investment
₹1,27,200
Issue Size
₹39.04 Cr
Offer Dates
31 Jul – 4 Aug 2026
Listing
7 Aug 2026

Issue Details

Full details →
Total Issue Size
₹39.04 Cr
24,55,200 shares
Fresh Issue
₹31.63 Cr
19,89,400 shares
Offer for Sale
₹7.41 Cr
4,65,800 shares
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
73,27,473
Shares Post-Issue
93,16,873

IPO Timeline

  1. Offer opens

    31 Jul 2026

  2. Offer closes

    4 Aug 2026

  3. Allotment

    5 Aug 2026

  4. Listing

    7 Aug 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor28.4%6,96,800 shares
  • QIB18.9%4,64,800 shares
  • HNI14.4%3,52,800 shares
  • Retail33.3%8,17,600 shares
  • MarketMaker5.0%1,23,200 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB4,64,8004,64,800
1.00x
NII3,52,8005,18,616
1.47x
Retail8,17,60014,71,680
1.80x
Total16,35,20024,55,096
1.50x

Lot Size & Investment

1 lot = 800 shares

Retail (min)

2 lots · 1,600 shares

Retail (max)

2 lots · 1,600 shares

S-HNI (min)

3 lots · 2,400 shares

ApplicationLotsSharesAmount
Retail21,600₹2,54,400
Small HNI (S-HNI)32,400₹3,81,600
Big HNI (B-HNI)86,400₹10,17,600

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets25.4612.064.48
Total Income23.110.114.62
Profit After Tax7.62.90.34
EBITDA12.994.061.02
Net Worth18.4110.033.92
Reserves & Surplus11.0910.013.9
Total Borrowing3.431.010.32

Key Performance Indicators

Key performance indicators
PeriodMar-26
ROE (%)53.45
ROCE (%)45.6
EPS (₹)10.37
P/E (pre-issue)15.33
P/E (post-issue)19.49

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Physicswallah Limited-15.96%
Mps Limited18.4229.05%
Veranda Learning Solutions Limited13.54%
Arihant Academy Limited31.1827.15%

About Fusion Klassroom Edutech Limited

Incorporated in 2016, Fusion Klassroom Edutech Ltd. is an education technology company focused on providing professional and competitive examination coaching through digital and hybrid learning models across multiple cities. The company offers coaching programs for courses such as CA, CS, CMA, and other commerce-related examinations. It combines classroom teaching with online platforms to enhance accessibility and learning flexibility. Business Model B2C – Education OTT & Offline Learning Klassroom operates a subscription-based Education OTT platform offering academic, competitive exam, and skill-development courses. Pricing is affordable at ₹1,250 per year (basic) and ₹3,000 per year (enterprise). Additionally, 30 partner centres in Mumbai provide offline coaching for Classes 8–12, JEE, NEET, CA, and skill development programs, with annual fees ranging between ₹25,000–₹45,000. Skill Development & Employability Programs The Company offers vocational and emerging technology courses including AI, machine learning, data science, coding, and entrepreneurship. These programs focus on enhancing employability and practical skills through structured classroom and hybrid learning formats. B2B2C, B2B & B2G Institutional Partnerships Klassroom collaborates with state governments, private institutions, universities, and corporations to deliver large-scale academic and skilling programs. Services include digital content deployment, teacher training, AI-ML labs, hybrid learning models, internship modules, and AI-powered performance evaluation systems. The company operates a proprietary AI-powered Education OTT platform offering live and recorded learning through Klassroom Konnect, serving millions of learners with over 100,000 app downloads. Fusion Klassroom Edutech Ltd aims to expand its presence through technology-driven education solutions. Its growth depends on student enrollments, faculty strength, course quality, and increasing demand for professional certification programs. As of July 22, 26, the company had a total workforce of 26 personnel. Klassroom Edutech today operates a scalable, hybrid learning ecosystem comprising 30 offline partner centres, an AI-powered Education OTT App featuring 100+ courses, and a nationwide footprint of over 400K+ registered users with 1 lakh+ subscribers and 1 lakh+ mobile app downloads.

Objects of the Issue

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company (₹2.36 Cr)
  • Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure (₹6.71 Cr)
  • Funding the capital expenditure towards Content Development (₹5.35 Cr)
  • Funding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers AI/ML labs (₹1.95 Cr)
  • Expenditure towards marketing initiatives (₹5.22 Cr)
  • Funding inorganic growth through unidentified acquisitions and general corporate purposes (₹5.93 Cr)
  • Offer Expense (₹5.07 Cr)

Promoters

  • <p>Alka Nikhil Javeri
  • Dhruv Nikhil Javeri
  • Dhumil Nikhil Javeri</p>

Company Information

Book running lead managers
  • Narnolia Financial Services Ltd.
Registered office
Matruprabha, Plot No-78,, CTS No-2731,, Daulat Nagar Road 7, Borivali East, Mumbai, Maharashtra, 400066
Market maker
PUNE E-STOCK BROKING Ltd.

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.