GMP IPO Watch
Fusion Klassroom Edutech IPO 2026: Education OTT Platform, AI Expansion, Financial Growth and Final-Day Review
Fusion Klassroom Edutech IPO closes on August 4, 2026. Explore its ₹39.04 crore BSE SME is...
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F
SME IPO
LISTED
NSE, BSE
KLASSROOM
Fusion Klassroom Edutech IPO
Fusion Klassroom Edutech IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹4
+2.5%
Est. Listing: ₹163.00
Price Band
₹151 - ₹159
Per equity share
Lot Size
800 Shares
Min Invest: ₹2,54,400
Issue Size
₹39.04 Cr
Total Public Offering
Issue Dates
30 July 2026 – 3 August 2026
Bidding period
Subscription
1.46x
Total overall demand
Fusion Klassroom Edutech IPO Details
Key facts at a glance| IPO Open Date | 30 July 2026 | IPO Close Date | 3 August 2026 |
|---|---|---|---|
| Basis of Allotment | 4 August 2026 | Listing Date | 6 August 2026 |
| Price Band | ₹151 - ₹159 per share | Face Value | ₹10 per share |
| Market Lot Size | 800 Shares | Min Investment (Retail) | ₹2,54,400 |
| Total Issue Size | ₹39.04 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Fusion Klassroom Edutech IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 30 July 2026 | Confirmed |
| IPO Close Date | 3 August 2026 | Confirmed |
| Basis of Allotment | 4 August 2026 | Tentative |
| Initiation of Refunds | 6 August 2026 | Tentative |
| Credit of Shares to Demat | 6 August 2026 | Tentative |
| IPO Listing Date | 6 August 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 4 August 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Fusion Klassroom Edutech IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 1,600 Shares | ₹2,54,400 |
| Retail (Max) | 2 Lots | 1,600 Shares | ₹2,54,400 |
| S-HNI (Min) | 3 Lots | 2,400 Shares | ₹3,81,600 |
| S-HNI (Max) | 7 Lots | 5,600 Shares | ₹8,90,400 |
| B-HNI (Min) | 8 Lots | 6,400 Shares | ₹10,17,600 |
Fusion Klassroom Edutech IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹4 +2.5%
Estimated Listing Price
₹163.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 7 Aug 2026 | ₹4 | ₹163.00 | +2.52% |
| 4 Aug 2026 | ₹4 | ₹163.00 | +2.52% |
| 3 Aug 2026 | ₹4 | ₹163.00 | +2.52% |
| 31 Jul 2026 | ₹9 | ₹168.00 | +5.66% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Fusion Klassroom Edutech IPO Subscription Status
Demand breakdown by investor category
Retail
1.79x
QIB
1.00x
NII / HNI
—
Total
1.46x
About Fusion Klassroom Edutech
Fusion Klassroom Edutech Limited operates a scalable, hybrid learning ecosystem in India, delivering academic education, competitive exam preparation, and skill development training. The company’s core business integrates an AI-powered Education OTT platform with a network of 30 offline partner centres, providing a multi-channel model that includes B2C, B2B, and B2G operations. Revenue is generated through digital subscriptions, course sales, offline centre fees, institutional licensing, and government project implementation. Its offerings span K–12 education, test preparation for exams like JEE and NEET, and vocational training in emerging technologies such as AI and machine learning. The company has executed large-scale educational initiatives with several state governments, including Rajasthan and Uttar Pradesh, and collaborates with national bodies like NSDC and TSSC. This model, combining digital content with a physical network of learning centres, allows Klassroom to provide accessible and affordable education across diverse geographies and socio-economic segments.
Key Strengths
- Operates a scalable hybrid learning platform with over 600,000 registered users.
- Owns a proprietary digital library with over 100 courses and 3,300 hours of content.
- Has proven execution capability for large-scale government projects across multiple states.
- Generates revenue through a diversified mix of online, offline, B2B, and B2G channels.
- Utilises a proprietary AI-powered Education OTT (over-the-top) platform.
Key Risks
- Significant revenue is geographically concentrated, with over 93% from three states.
- A substantial portion of revenue is derived from a limited number of B2B institutional partners.
- The business has a history of negative cash flows from investing activities.
- The company does not own any of the properties from which it operates.
- All company trademarks were previously registered in a promoter’s name.
Fusion Klassroom Edutech IPO Reservation & Share Quotas
The Fusion Klassroom IPO follows the SEBI-prescribed allocation framework for a Book Built Issue. The issue is reserved across different investor categories, including Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring balanced participation from institutional and retail investors.
The category-wise reservation and the number of shares allocated to each investor segment are shown below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 6,96,800 Shares | 28.38% |
| QIB (Ex. Anchor) | 4,64,800 Shares | 18.93% |
| NII Shares Offered | 3,52,800 Shares | 14.37% |
| Retail Shares Offered | 8,17,600 Shares | 33.30% |
Note: The above reservation details are based on the proposed IPO structure. The final allocation may be revised in accordance with SEBI regulations and the basis of allotment after the issue closes.
Fusion Klassroom Edutech IPO Anchor Investors
Fusion Klassroom Limited has reserved a portion of its IPO for Anchor Investors before the issue opens for public subscription. Anchor investors are institutional investors who participate in the IPO one working day before the public issue opens and help establish confidence in the offering.
The details of the anchor investor allocation, bidding schedule, lock-in periods, and other important information are provided below. The complete list of anchor investors will be available after the anchor allocation is finalized.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 30, 2026 |
| Anchor Investors List | |
| Shares Offered | 6,96,800 Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The anchor issue size and lock-in period end dates will be updated after the anchor allocation is completed. The final anchor investor list will be published in the official IPO allocation details.
Fusion Klassroom Edutech IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 31 Jul 2026 |
| IPO Close Date | 04 Aug 2026 |
| Basis of Allotment | 05 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 07 Aug 2026 |
Note: The timeline for ஃப்யூஷன் கிளாஸ்ரூம் எடுடெக் IPO is tentative and subject to change.
Fusion Klassroom Edutech Promoters and Shareholding Pattern
The promoters of Fusion Klassroom Limited are Alka Nikhil Javeri, Dhruv Nikhil Javeri, and Dhumil Nikhil Javeri. The promoters have played an important role in establishing and expanding the company's presence in the education and training sector through strategic leadership and business development.
Following the IPO, the promoters' shareholding will be diluted due to the fresh issue of equity shares. However, they will continue to hold a significant ownership stake in the company, reflecting their long-term commitment to the business.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 73,27,473 | 55.07% |
| Promoter Holding Post Issue | 93,16,873 | 39.53% |
Note: The post-issue promoter shareholding is based on the proposed IPO structure and may vary depending on the final issue size, allotment, and completion of the public issue.
Fusion Klassroom Edutech Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Fusion Klassroom IPO
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 was founded in 2016.
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.
Their business models include: B2C – Education OTT & Offline Learning, Skill Development & Employability Programs, B2B2C, B2B & B2G Institutional Partnerships.
Fusion Klassroom Edutech Ltd. reported strong growth between the financial years ending March 31, 2025, and March 31, 2026. Its revenue increased by 129%, while its profit after tax (PAT) grew by 162%.
Fusion Klassroom Edutech Company Financial Report
To Be Updated Soon
Fusion Klassroom Edutech Company Valuation & Key Performance Indicators
To Be Updated Soon
Fusion Klassroom Edutech Peer Group Comparison
To Be Updated Soon
Fusion Klassroom Edutech Lead Managers & Merchant Bankers
- Narnolia Financial Services Ltd.
Fusion Klassroom Edutech IPO FAQs
Fusion Klassroom Edutech IPO opens for subscription on 30 July 2026 and closes on 3 August 2026.
The price band for Fusion Klassroom Edutech IPO is set at ₹151.00 to ₹159.00 per share.
The minimum market lot size is 800 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 1,600 Shares (₹2,54,400).
The latest Grey Market Premium (GMP) for Fusion Klassroom Edutech IPO is ₹4. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Fusion Klassroom Edutech IPO is tentatively scheduled for 4 August 2026, and shares are expected to list on the stock exchanges on 6 August 2026.
The registrar details will be confirmed in the official prospectus.
Fusion Klassroom Edutech IPO Analysis & Articles
