Fusion Klassroom IPO

Upcoming SME
Min Investment
₹2,54,400
1600 Shares
Min Investment
₹2,54,400 · 1600 Shares
Open Jul 31
Close Aug 04
Allotment Aug 05
Refund Aug 06
Listing Aug 07

Market Sentiment

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IPO Details

Issue Price₹151-159 per equity share
Face Value₹10 Per Equity Share
Lot Size 1600 shares (Min ₹2,54,400)
Total Issue Size ₹39.04 crore
Fresh Share₹31.63 crore
Offer For Sale₹7.41 crore
Issue TypeBook built Issue
Lead ManagerNarnolia Financial Services Ltd.
RegistrarMaashitla Securities Pvt. Ltd.
Listing atBSE

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 2 1,600 ₹2,54,400
Retail Maximum 2 1,600 ₹2,54,400
S-HNI Minimum 3 2,400 ₹3,81,600
S-HNI Maximum 7 5,600 ₹8,90,400
B-HNI Minimum 8 6,400 ₹10,17,600
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB4,64,80018.93%
NII (HNI)3,52,80014.37%
bNII > ₹10L2,35,2009.58%
sNII < ₹10L1,17,6004.79%
Retail8,17,60033.30%
Anchor6,96,80029.88%
Total23,32,000

bNII / sNII split estimated from the NII reservation using the standard 2:1 (big:small) ratio; the exact sub-split was not separately disclosed for this issue.

Return Estimator (GMP*)

Category Investment Expected Profit
Retail Minimum ₹2,54,400 +₹0
Retail Maximum ₹2,54,400 +₹0
S-HNI Minimum ₹3,81,600 +₹0
S-HNI Maximum ₹8,90,400 +₹0
B-HNI Minimum ₹10,17,600 +₹0
GMP (Rumour*) +₹0
Exp. Listing ₹159
Return +0.0%
Estimates based on unofficial GMP data. Actual listing price may differ significantly.

Financial Analysis

Financial Data
EPS (Pre)
Rs 13.96
ROE
53.45%
ROCE
45.60%
RoNW
53.45%
EBITDA Margin
56.38%
Debt/Equity
0.19
NAV/Share
Rs 25.22
Revenue Growth
128.49%
Profit Margin
32.90%
Financial Performance
Metric 2023 2024 2025
Revenue 4.62 10.11 23.10
Expense 4.19 7.01 -
Profit (PAT) 0.34 2.90 7.60
Total Assets 4.48 12.06 25.46
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV Income
Physicswallah Limited -0.08 - -15.96 15.80 3,899.54 Cr
MPS Limited 102.11 18.42 29.05 349.00 768.40 Cr
Verand Learning Solutions Limited 11.84 - 13.54 99.60 481.51 Cr
Arihant Academy Limited 15.04 31.18 27.15 55.40 63.43 Cr
Promoters & Holding Pattern

Promoters: Alka Nikhil Javeri, Dhruv Nikhil Javeri, Dhumil Nikhil Javeri

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 73,27,473 55.07%
Promoter Holding Post Issue 93,16,873 39.53%

Strengths & Risks

Strengths
  • Revenue grew 128% in the latest reported year.
  • Solid profit margin — 32.9%.
  • Strong return on equity — 53%.
  • Low leverage — debt/equity of 0.19.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns
  • Promoter stake drops to 40% after the issue.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Fusion Klassroom

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%.

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

Resources & Documents

Anchor Investors
Anchor Bidding Date
July 30, 2026
Shares Offered to Anchors
6,96,800
Company Contact Information

Fusion Klassroom Edutech Ltd., Matruprabha, Plot No-78,, CTS No-2731,, Daulat Nagar Road 7, Borivali East, Mumbai, Maharashtra, 400066

Fusion Klassroom IPO — Quick Take

Fusion Klassroom has set a price band of Rs 151–Rs 159 per share for an issue size of Rs 39 crore. The SME issue is scheduled to open for subscription on July 31, 2026 — 5 days from now.

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 issue is promoted by Alka Nikhil Javeri, Dhruv Nikhil Javeri, Dhumil Nikhil Javeri with Narnolia Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company (Rs 2 crore) and Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure (Rs 7 crore).

On fundamentals, the company is posting revenue growth of 128.5%, a profit margin of 32.9%, return on equity of 53.5% in its most recent reported period. Listed peers in this segment include MPS Limited (P/E 18.42x) and Arihant Academy Limited (P/E 31.18x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

The price band of Fusion Klassroom IPO is Rs 151 to Rs 159 per share. Face value is Rs 10 per share.

The total issue size of Fusion Klassroom IPO is Rs 39 crore, comprising fresh issue of Rs 32 crore and offer for sale (OFS) of Rs 7 crore.

Retail investors must apply for a minimum of 1 lot of 1600 shares, requiring an investment of Rs 2,54,400.

Fusion Klassroom IPO opens for subscription on July 31, 2026 and closes on August 04, 2026. Anchor investor bidding is scheduled for July 30, 2026.

The expected allotment date for Fusion Klassroom IPO is August 05, 2026. Refunds for unsuccessful applicants are expected on August 06, 2026.

Fusion Klassroom IPO is scheduled to list on August 07, 2026 on BSE.

The registrar for Fusion Klassroom IPO is Maashitla Securities Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Fusion Klassroom IPO are Narnolia Financial Services Ltd..

The promoter(s) of Fusion Klassroom are Alka Nikhil Javeri, Dhruv Nikhil Javeri, Dhumil Nikhil Javeri.

You can apply for Fusion Klassroom SME IPO online before 04 Aug 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. The minimum retail investment is Rs 2,54,400 for 1 lot of 1,600 shares. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Fusion Klassroom in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot of 1,600 shares) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized within 3 working days of the close date. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

Consider the IPO's GMP trend, subscription demand, financial health and industry valuation before applying. Full breakdown is available on this page. For how our scoring works, see our How We Recommend guide. This is informational and not investment advice — consult a SEBI-registered advisor.

Fusion Klassroom IPO GMP — What It Means

No active grey market premium has been recorded for Fusion Klassroom IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Fusion Klassroom GMP history and trend, or learn how grey market premium works and how reliable it is.

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