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InvestmentsIPOFusion Klassroom Edutech IPO

Fusion Klassroom Edutech IPO

SME

Open Date

31 Jul 2026

Close Date

4 Aug 2026

Min Investment

₹ 2,41,600

Lot Size

800

Issue Size

₹ 39.04 Cr

Price Range

₹ 151 - ₹ 159

Subscribed

1.56 x
status

This IPO is now Live.

Click here for live price
IPO Timeline
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IPO Offer Start
31 Jul 2026
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IPO Offer Ends
4 Aug 2026
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Allotment Finalisation
5 Aug 2026
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Refund Initialisation
6 Aug 2026
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Non-Institutional Buyers (sHNI)
6 Aug 2026
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Listing of Shares
7 Aug 2026
IPO Subscription Details as on 5 Oct 2026, 05:22 AM
Qualified Instituational Buyers (QiB)
1 x
Retail
1.76 x
Total
1.56 x
Non-Institutional Buyer (bHNI)
1.99 x
Non-Institutional Buyer (sHNI)
1.46 x
Note: This information is provided for general guidance only. Dates may be subject to change.
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About the Company
Fusion Klassroom Edutech Limited 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 600K+ registered users with 2 lakh+ subscribers and 1 lakh+ mobile app downloads. The company provides end-to-end academic, vocational, professional, and skill-based education through multiple channels, formats, and delivery mechanisms, enabling lakhs of learners from diverse socio-economic backgrounds to access structured learning opportunities. The company operates through a multi-channel business model that seamlessly integrates B2C, B2B2C, B2B, B2G operations with its Education OTT platform providing subscription-based access to comprehensive academic, competitive exam, and skill-development courses. The company has executed educational and skilling initiatives including MoUs with government bodies, implementations across PM Shri Schools and Jawahar Navodaya Vidyalaya, and collaborations with national and state missions, universities, and skill councils.
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Founded In

2016

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CEO

Mr. Dhumil Nikhil Javeri

Financials of Fusion Klassroom Edutech IPO

Income Statement
Balance Sheet
Cash Flows
Total Income
Total Expenses
Total Profit
Key Performance IndicatorsMar 2024Mar 2025Mar 2026
Operating Revenue4.5810.0923.04
Other Income0.040.020.06
Total Income
4.6210.1123.10
Total Expenses
4.197.0113.59
Profit Before Tax0.433.109.51
Total Profit
0.342.907.60

All figures are in crores (₹)

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Utilisation of Proceeds

All figures are in crores (₹)

PurposeAmount
The company intends to utilize proceeds towards full or part repayment and/or pre-payment of borrowings from banks and financial institutions. This will help reduce outstanding indebtedness and debt servicing costs, assist in maintaining a low debt equity ratio and enable utilization of accruals for further business growth.2
The company proposes to transform its proprietary digital platform into a full-scale, AI-powered learning ecosystem. The investment will be directed towards development of advanced technology solutions including private AI tutors, AI-based doubt-solving mechanisms, automated assessments, multilingual content delivery and robust server infrastructure.7
The company proposes to utilize proceeds towards development, enhancement and upgradation of academic and skill-based content for its Online education delivery model. The investment includes creation of proprietary content, curriculum-aligned study material, recorded and live lecture modules, question banks and digital learning resources.5
The company intends to procure desktops and laptops for setting up AI and ML laboratories at proposed new offline centres in Mumbai, Pune and Jaipur. This will enable establishment of dedicated AI and ML laboratories, enhancing the company's ability to offer technology-enabled and advanced training programs.2
The company proposes to utilize proceeds towards marketing and brand-building initiatives aimed at strengthening student acquisition, engagement and retention. The expenditure will support expansion of offline training centres and increase adoption of education OTT application through enhanced brand visibility and awareness campaigns.5
The company may evaluate opportunities for strategic investments, acquisitions or partnerships complementary to its existing business. The proceeds will also be used for general corporate purposes including initial development costs for new business, meeting operating expenses, and strengthening business development capabilities.-
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  • Scalable Hybrid Learning Ecosystem: The company 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 600K+ registered users with 2 lakh+ subscribers and 1 lakh+ mobile app downloads.
  • Strong Government Partnerships and Recognition: The company has executed educational and skilling initiatives including MoU with Government of Rajasthan, implementations across PM Shri Schools and Jawahar Navodaya Vidyalaya (JNV), impacting over 1,000 beneficiaries with collaborations including NSDC, TSSC, MSSDS.
  • Proven Financial Performance and Growth: The company achieved revenue from operations of ₹2,303.95 lakhs in FY 2026 with total profit of ₹760.12 lakhs after tax, demonstrating ROE of 53.45% and ROCE of 45.60%.
  • Multi-Channel Business Model with Diversified Revenue Streams: The company operates through B2C, B2B2C, B2B, B2G operations with affordable pricing of ₹1,250 per year for enterprise version and ₹3,000 per year, generating revenue through digital subscriptions, offline centre fees, institutional licensing, and government projects.
  • Comprehensive Content Library and Technology Infrastructure: The company has developed 100+ courses with 3,300 hours of digital content library, supported by proprietary AI-powered Education OTT platform with multilingual support and 4.5-star rating on Google Play Store.
  • Awards and Industry Recognition: The company has been recognized as two-time finalist at National Startup Awards (2021 & 2023), received Gold Category Award from Business World for 'Most Innovative Technology in Education' and included in HolonIQ South Asia EdTech 100.
  • Structured Faculty Development and Quality Assurance: The company maintains 68 faculty members (5 employees and 63 consultants) with rigorous recruitment processes, NSDC-aligned certification programs, and continuous faculty development programs ensuring quality education delivery.
  • Strong Operational Metrics and User Engagement: The company has achieved 6,59,048 total registered users, 74,000 active users, 2,66,986 subscribers with 58% reactivation rate and average collection per offline user of ₹41,009.

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