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FK

Fusion Klassroom Edutech

Upcoming SME BSE SME · Education

Price Band

Issue Size

₹0.23 Cr

Lot Size

Min Investment

GMP

info
Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹0.0 (%)

Issue Price

calendar_month Important Dates

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IPO Open Date
Fri, 31 Jul 2026 in 9d
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IPO Close Date
Tue, 04 Aug 2026 in 13d
assignment
Allotment Date
Wed, 05 Aug 2026 in 14d
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Refund Initiation
Thu, 06 Aug 2026 in 15d
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Credit of Shares
Thu, 06 Aug 2026 in 15d
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Listing Date
Fri, 07 Aug 2026 in 16d

bar_chart Subscription Status

schedule

IPO not open yet

Opens 31 Jul 2026 · in 9 days

trending_up Grey Market Premium (GMP)

GMP

₹0.0

GMP %

%

Est. Listing

₹0.0

schedule Updated: 22 Jul 2026 22:00

speed IPO Listing Probability Meter

Composite Score

60/100

Moderate Probability
GMP Strength (35%) N/A

GMP not yet available

Subscription Demand (30%) N/A

Subscription not open yet

Anchor Investor Interest (15%) N/A

No anchor allocation for this IPO

Historical Similar-IPO Performance (20%) 60/100

Similar IPOs (same IPO type) averaged 10.3% listing gain

Based on historical patterns in GMP, subscription and anchor data — not a guarantee of listing performance. IPOs carry risk of loss; this is not investment advice.

business About the Company

Fusion Klassroom Edutech Ltd. is an Indian 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. 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. 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. 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.  

payments Company Financials (₹ Cr)

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 25.46 12.06 4.48
Total Income 23.10 10.11 4.62
Profit After Tax 7.60 2.90 0.34
EBITDA 12.99 4.06 1.02
NET Worth 18.41 10.03 3.92
Reserves and Surplus 11.09 10.01 3.90
Total Borrowing 3.43 1.01 0.32

Key Ratios

NAV

₹25.22

ROE

53.45%

ROCE

45.60%

RoNW

53.45%

PAT Margin

32.99%

Debt/Equity

0.19

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
Arihant Academy Limited 41.35 13.8% 61.99 7.34 7.34
Veranda Learning Solutions Limited 34.54 -97.93% -34.73 -34.73
Mps Limited 279.69 31.12% 21.39 87.8 87.8
Physicswallah Limited 15.8 -15.96% -0.86 -0.86
Fusion Klassroom Edutech Limited This IPO 25.22 28.97% 13.96 13.96

Promoters

Alka Nikhil Javeri, Dhruv Nikhil Javeri, Dhumil Nikhil Javeri

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company 2.36 2 Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure 6.71 3 Funding the capital expenditure towards Content Development 5.35 4 Funding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers AI/ML labs 1.95 5 Expenditure towards marketing initiatives 5.22 6 Funding inorganic growth through unidentified acquisitions and general corporate purposes Total 21.59

info Issue Details

Issue Type SME Book Built
Issue Size ₹0.23 Cr
Price Band ₹ (Fixed)
Issue Price
Lot Size
Min Investment
Exchange BSE SME
Sector Education
Open Date 31 Jul 2026
Close Date 04 Aug 2026
Allotment 05 Aug 2026
Listing Date 07 Aug 2026

pie_chart Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

domain Maashitla Securities Pvt.Ltd.

Lead Managers / Book Running

account_balance Narnolia Financial Services Ltd.

timeline IPO Timeline

Open

31 Jul 2026

Close

04 Aug 2026

Allotment

05 Aug 2026

Listing

07 Aug 2026

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