Fusion Klassroom Edutech SME IPO
Fusion Klassroom Edutech IPO — date, price band, lot size & details 2026
Fusion Klassroom Edutech listed on 7 Aug 2026 at ₹170, 6.9% above the ₹159 issue price.
Everything you need to know about the Fusion Klassroom Edutech IPO. Track the latest updates, GMP trends, and subscription status.
Stock price
Fusion Klassroom Edutech is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 23 October.
- Open 31 Jul 2026
- Close 04 Aug 2026
- Allotment 05 Aug 2026
- Refund/credit TBA
- Listing 07 Aug 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 31 Jul to 4 Aug, 2026 |
|---|---|
| Price Band | ₹151 – ₹159 |
| Face Value | ₹10 |
| Lot Size | 800 Shares |
| Issue Size | ₹39.04 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE SME |
| Registrar | Maashitla Securities Private Limited |
| Min Investment | ₹ 2,54,400 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 800 shares at the ₹159 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 1,600 | ₹2,54,400 |
| Retail (max) | 2 | 1,600 | ₹2,54,400 |
| HNI (min) | 3 | 2,400 | ₹3,81,600 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Proprietary AI-powered Education OTT platform with a hybrid online-plus-offline learning model.
- 02Multiple revenue streams across B2C subscriptions, offline centres, and B2B/B2G institutional partnerships.
- 03Fast recent growth in revenue and profitability off a small base.
- 04Affordable pricing widening addressable market across academic and skill-development courses.
Risks · 5
- 01Small SME issue in a highly competitive, fragmented ed-tech market with well-funded players.
- 02Rapid recent growth (PAT ₹0.34 cr to ₹7.60 cr) is off a small base and may not be sustainable.
- 03Depends on continued student enrolments, faculty retention and ongoing technology investment.
- 04B2G/B2B institutional contracts can be lumpy and slow to convert.
- 05SME listing — lower liquidity and higher volatility.
Three years of numbers
All figures in ₹ crore, as reported in the Fusion Klassroom Edutech offer document.
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 25.46 | 12.06 | 4.48 |
| Total Income | 23.10 | 10.11 | 4.62 |
| Profit After Tax | 7.60 | 2.90 | 0.34 |
| EBITDA | 12.99 | 4.06 | 1.02 |
| NET Worth | 18.41 | 10.03 | 3.92 |
| Reserves and Surplus | 11.09 | 10.01 | 3.90 |
| Total Borrowing | 3.43 | 1.01 | 0.32 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Fusion Klassroom Edutech RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Fusion Klassroom Edutech IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹8.16 |
| P/E Ratio (x) | 19.49 |
| Market Cap at Offer Price (₹ Cr) | ₹148.09 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹159 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹21.59 Cr of the issue is earmarked to named objects.
About the company
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
8655678159
The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Narnolia Financial Services Ltd
1 issue handled1 of their issues has listed so far, and 0 opened above the issue price (average -20%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Fusion Klassroom Edutech?
The current Grey Market Premium is ₹0.
What is the Fusion Klassroom Edutech IPO price band?
₹151 to ₹159, on a face value of ₹10.
When is the allotment?
The basis of allotment is 5 August 2026, with listing on 7 August 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — Maashitla Securities Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
