Skip to main content
Fusion Klassroom Edutech IPO
1.83xsubscribed

Fusion Klassroom Edutech IPO

Educational Institutions
listed
₹2.42LMin. investment

Fusion Klassroom Edutech Limited IPO Details

SectorEducational Institutions
Price range₹151 – ₹159
IPO type
SME
Lot size800 shares
Issue size₹39Cr
Red Herring Prospectus
Read
Market cap
₹148.14CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹23.03CrLower than sector avg
Growth rate3Y CAGR
124%

Fusion Klassroom Edutech IPO Subscription Status

Date
QIB
NII
Retail
Total
31-Jul-26
0.68 times (X)
1.56 times (X)
0.97 times (X)
0.92 times (X)
03-Aug-26
0.68X
2.69X
1.32X
1.22X
04-Aug-26
1.0X
5.44X
1.79X
1.83X

As on 31-Jul-26, 5:00 PM

Fusion Klassroom Edutech IPO Timeline

  1. Pre-apply
    30 Jul 2026
  2. Bid start
    31 Jul 2026
  3. Bid end
    4 Aug 2026
  4. Allotment
    5 Aug 2026
  5. Release of funds
    6 Aug 2026
  6. Demat transfer
    6 Aug 2026
  7. Listing
    7 Aug 2026

About Fusion Klassroom Edutech Limited

Fusion Klassroom Edutech was incorporated in 2016 and operates a hybrid education and skilling platform that combines a subscription-based Education OTT platform with offline learning centres.
The company offers academic coaching, competitive examination preparation (JEE/NEET), professional courses (CA), vocational education and skill-development programmes through B2C, B2B2C, B2B and B2G business models. Its course portfolio covers students from class 6 to 12 as well as learners pursuing courses in artificial intelligence (AI), machine learning (ML), coding, digital marketing, accounting, entrepreneurship and communication skills.
The company operates 30 offline partner centres, 5 AI & ML skill centres and an Education OTT platform offering 129 courses with over 3,300 hours of digital content. As on March 31, 2026, it had 6.59 lakh registered users, 2.67 lakh subscribers, 74,000 active users and 1.52 lakh app downloads. Government partnerships form a key part of its business, with projects executed for the Government of Rajasthan, NSDC, TSSC, MSSDS, Tripura SCERT, PM Shri Schools and Jawahar Navodaya Vidyalaya.
The company follows an asset-light expansion strategy supported by a network of coaching centres, educational institutions, NGOs, distributors and channel partners across Maharashtra, Uttar Pradesh, Rajasthan, Delhi, Gujarat and Punjab. In FY26, online learning contributed 76.4% of revenue, while offline learning accounted for 23.5%. B2B contributed 45.7% of revenue, followed by Channel Partners at 30.1%, B2C at 21.3%, distributors at 2.4% and rest by the NGOs/sponsors. Uttar Pradesh was the largest market, contributing 42.6% of revenue, followed by Maharashtra at 26.7% and Rajasthan at 24%. The company's customer base remains concentrated, with the largest customer accounting for 40.1% of FY26 revenue, while the top five and top ten customers contributed 75.6% and 78.7%, respectively.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Fusion Klassroom Edutech Limited IPO

Capital Expenditure
43.80%
₹14.02 crore for AI/ML, tech upgrades, content development, desktops and laptop procurement.
Marketing Initiatives
16.30%
The company will use ₹5.21 crore towards marketing initiatives.
Repayment of borrowings
7.30%
The company will use ₹2.35 crore towards repayment of certain outstanding borrowings.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹23.03Cr124%₹7.6Cr₹148.14Cr11.390.19
This sector (avg.)₹52.68Cr----₹5.12Cr₹392.04Cr117.140.41
₹58.99Cr---₹7.06Cr₹2,207.31Cr318.190.11
₹470.87Cr----₹251.65Cr₹1,979.46Cr---2.57
₹72.28Cr---₹25.56Cr₹416.48Cr18.940

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

Fusion Klassroom Edutech IPO Contact Details

Company NameFusion Klassroom Edutech Limited

How to apply for Fusion Klassroom Edutech IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Fusion Klassroom Edutech Limited IPO FAQs