IPO Market — India IPO tracker

Fusion Klassroom Edutech Limited IPO

LISTEDSMESME IPO Dashboard →KLASSROOMNEUTRAL

Listing Performance

Listed

Issue Price

₹159

Listed On

07 Aug 2026

Price Band
₹151 – ₹159
Lot Size
800
Lot Value
₹1,27,200
Open Date
31 Jul 2026
Close Date
04 Aug 2026
Min Investment
₹1,27,200
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Fusion Klassroom Edutech Limited — Live Stock Performance

About Fusion Klassroom Edutech Limited

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.

Investment Analysis

Quick Analysis: 5 strengths · 5 risk factors· Exchange: BSE

Strengths (5)

  • 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.

Risk Factors (5)

  • 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.

📊 Algorithmic Score

Computed from issue structure — GMP, fresh issue %, OFS %, issue size

Why do these differ? The Algorithmic Score measures issue quality (structure, size, promoter commitment). The Demand Analysis measures investor interest signals (subscription, GMP, risks). A high-quality issue can still have unconfirmed demand — especially before subscription opens.

✍️ Demand & Risk Analysis

Based on market demand signals — subscription, GMP trend, risk factors

IPO Market Analysis

NEUTRALHigh confidence

Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations.

  • Subscribed 1.5x
  • QIB subscribed 1.0x
  • ⚠️Neutral GMP +3%
  • 5 business strengths identified
  • ⚠️5 risk factors noted

This is algorithmic analysis, not investment advice. Always read the DRHP before investing.

Application Lot Sizes

Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.

CategoryLotsSharesAmount
Retail (min)18001,27,200
Retail (max)18001,27,200
S-HNI (min)21,6002,54,400
S-HNI (max)75,6008,90,400
B-HNI (min)86,40010,17,600

Subscription Status

Overall subscription1.46x(Day 5)
Updated 37 days ago
CategoryDay 1Day 3Day 4Day 5
QIB0.68x2.01x0.68x1.00x
sNII (S-HNI)0.46x
bNII (B-HNI)0.40x
Retail0.97x0.25x1.32x1.79x
Total0.73x0.78x0.97x1.46x

Colour: red <1x · green 1–5x · blue 5–10x · orange >10x.

Allotment Statistics

Retail Individual Investors (RII)

Subscription

1.79x

Allotment Ratio

1 lot per 2 applicants

Allotment Probability

~55.9%

Non-Institutional Investors (NII / HNI)

Subscription

1.35x

Allotment Type

Proportionate allotment

Qualified Institutional Buyers (QIB)

Subscription

1.00x

Allotment Type

Discretionary allotment

Total Subscription

1.46x

Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.

Basis of Allotment

Category-wise subscription & allotment ratio

View →

IPO Timeline

Issue Opens

31 Jul 2026 · Fri

Issue Closes

04 Aug 2026 · Tue

UPI Deadline

04 Aug 2026 · Tue

Allotment

05 Aug 2026 · Wed

Refund

06 Aug 2026 · Thu

Share Credit

06 Aug 2026 · Thu

Listing

07 Aug 2026 · Fri

IPO Details

RegistrarMaashitla Securities Private Limited
ExchangeBSE
ISIN
Face Value
Issue Size₹39.00 Cr
Fresh Issue
OFS Size
Lead Managers

3-Year Financial Summary

Financial data not available yet.

Company Fundamentals

Capital Structure

Capital structure not yet available.

Shareholding Pattern

Shareholding pattern not yet available.

Reservations & OFS

Reservation & OFS detail not yet available.

Board & Management

Board & management not yet available.

Industry & Market

Industry & market data not yet available.

Registrar (RTA)

SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.

Registrar:Maashitla Securities Private Limited

Documents

Frequently Asked Questions

When is the Fusion Klassroom Edutech Limited IPO opening?

The Fusion Klassroom Edutech Limited IPO opens on 31 Jul 2026 and closes on 04 Aug 2026. Check this page for the latest updates as we refresh every 30 minutes.

What is the price band of the Fusion Klassroom Edutech Limited IPO?

The price band for the Fusion Klassroom Edutech Limited IPO is ₹151 to ₹159. The final price is announced after the book-building process and is confirmed before listing.

What is the lot size and minimum investment for the Fusion Klassroom Edutech Limited IPO?

The minimum lot size is 800 shares with a minimum investment of ₹1,27,200. Retail investors can apply for up to the retail limit defined by SEBI.

What is the GMP of Fusion Klassroom Edutech Limited IPO today?

The latest Grey Market Premium for Fusion Klassroom Edutech Limited is ₹4 (+2.52%). GMP is unofficial data and is not a guarantee of listing price.

When will the Fusion Klassroom Edutech Limited IPO list on NSE and BSE?

The Fusion Klassroom Edutech Limited IPO is expected to list on 07 Aug 2026 on BSE. Actual listing day trading begins at the start of the normal market session.

How can I check the Fusion Klassroom Edutech Limited IPO allotment status?

The registrar for this IPO is Maashitla Securities Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.

Is the Fusion Klassroom Edutech Limited IPO a mainboard or SME issue?

Fusion Klassroom Edutech Limited is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.

How do I apply for the Fusion Klassroom Edutech Limited IPO?

You can apply for the Fusion Klassroom Edutech Limited IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA. Use the Apply Now buttons on this page to go directly to the broker.

What is the expected listing price of Fusion Klassroom Edutech Limited IPO?

Based on the current GMP of ₹4, the expected listing price of Fusion Klassroom Edutech Limited is ₹163 (issue price ₹159 + GMP ₹4). Note that GMP is unofficial grey market data and actual listing price may differ.

What is the allotment ratio for Fusion Klassroom Edutech Limited IPO?

Based on the retail subscription of 1.79x, the estimated allotment ratio is 1 lot per 2 applicants (approximately 55.9% chance of allotment). This is an estimate and actual allotment may vary.

Should I subscribe to Fusion Klassroom Edutech Limited IPO?

Based on our algorithmic analysis, Fusion Klassroom Edutech Limited IPO is rated NEUTRAL with high confidence. Mixed signals — moderate demand and average GMP suggest cautious participation. Apply based on company fundamentals rather than listing gain expectations. This is not investment advice — please read the DRHP and consult a financial advisor before investing.

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Financial Disclaimer: The information on this page is for educational purposes only and does not constitute investment advice. IPO investments are subject to market risks. Grey Market Premium (GMP) figures are unofficial and not endorsed by SEBI, NSE, or BSE. Past performance is not indicative of future returns. Please read the RHP and consult a SEBI-registered advisor before investing.