Fusion Klassroom Edutech IPO
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Fusion Klassroom Edutech IPO details
Schedule of Fusion Klassroom Edutech
| Issue open date | 31 Jul 2026 |
| Issue close date | 04 Aug 2026 |
| UPI mandate deadline | 04 Aug 2026 (5 PM) |
| Allotment finalization | 05 Aug 2026 |
| Refund initiation | 06 Aug 2026 |
| Share credit | 06 Aug 2026 |
| Listing date | 07 Aug 2026 |
| Mandate end date | 19 Aug 2026 |
| Lock-in end date for anchor investors (50%) | 03 Sep 2026 |
| Lock-in end date for anchor investors (remaining) | 02 Nov 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Fusion Klassroom Edutech
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.
Financials of Fusion Klassroom Edutech
Issue size
| Funds Raised in the IPO | Amount (₹ Cr.) |
| Total issue size | 39.04 |
| Fresh Issue – Proceeds go to the company | 31.63 |
| Offer for sale – Proceeds go to the existing investors |
7.41 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Prepayment or repayment of certain outstanding borrowings |
2.36 (7.46%) |
| Technology & AI/ML development, servers, and cloud infrastructure | 6.71 (21.21%) |
| Capital expenditure for content development | 5.35 (16.91%) |
| Procurement of desktops and laptops for new offline labs | 1.95 (6.16%) |
| Expenditure towards marketing initiatives | 5.22 (16.50%) |
| Inorganic growth through acquisitions & general corporate purposes | 10.04 (31.76%) |
Strengths
- 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.
Risks
- 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.