Fusion Klassrom Edutech IPO

About Fusion Klassroom Edutech IPO

The public issue of Fusion Klassroom Edutech Limited, an SME IPO, opens on 31 July 2026 and closes on 4 August 2026. The basis of allotment is expected to be finalised on 5 August 2026. Shares will be credited to the eligible investors' demat accounts on 6 August 2026, while refunds, if any, will be initiated on 5 August 2026. The listing of shares is scheduled for 7 August 2026. The equity shares offered through the IPO are proposed to be listed on the BSE SME.

The IPO comprises a fresh issue and an offer for sale. The fresh issue consists of up to 19,89,400 equity shares aggregating up to ₹31,63,14,600. The offer for sale comprises up to 4,65,800 equity shares aggregating up to ₹7,40,62,200 by the selling shareholders. The total issue consists of up to 24,55,200 equity shares aggregating up to ₹39,03,76,800.

Fusion Klassroom Edutech Limited's IPO price band is fixed at ₹151 to ₹159 per share. The lot size is 800 shares. Retail investors must apply for a minimum of 2 lots (1,600 shares), requiring an investment of ₹2,54,400. The minimum investment required for HNI investors is ₹3,81,000 (2,400 shares).

Fusion Klassroom Edutech offers online and hybrid learning solutions across higher education, test preparation, professional courses and upskilling programmes.

Objectives Of Fusion Klassroom Edutech IPO

• Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company.
  
• Expenditure towards Technology and AI/ML model development, servers and cloud infrastructure.
  
• Funding the capital expenditure towards content development.
  
• Funding the capital expenditure towards procurement of desktops and laptops for new offline centres' AI/ML labs.
  
• Expenditure towards marketing initiatives.
  
• Funding inorganic growth through unidentified acquisitions and general corporate purposes.
  

Industry Outlook

India's education and skill development sector is expanding rapidly, supported by rising internet penetration, affordable smartphones, and growing demand for quality education. The country's internet user base is estimated at 810-840 million in 2024 and is expected to cross 1 billion by 2030. Smartphone users are also projected to exceed 1 billion during the same period, making digital learning accessible to a much larger population.

The Indian EdTech market is among the fastest-growing globally. The market is valued at around USD 7.5 billion in 2024 and is expected to reach USD 29 billion by 2030, growing at a CAGR of 27.65%. Growth is being driven by higher internet adoption, AI-powered personalised learning, government support through the National Education Policy (NEP) 2020, and increasing demand for professional upskilling and hybrid learning models. The country’s coaching institute market size reached USD 6.50 billion in 2024. It is expected to reach USD 17.40 billion by 2033, with a CAGR of 10.40% from 2025 to 2033. Government initiatives continue to strengthen the sector's growth prospects.

Programmes such as NEP 2020, Digital India, PMKVY 4.0, SWAYAM, DIKSHA, and the National Credit Framework (NCrF) are promoting digital learning, skill development and technology-enabled education.

About Fusion Klassroom Edutech

Fusion Klassroom Edutech is an edtech company that operates a hybrid learning ecosystem combining an AI-powered education OTT platform with offline learning centres. The company offers academic coaching, competitive exam preparation, skill development and AI/ML training programmes through its B2C, B2B, B2B2C and government-focused business models. Its revenue is generated from digital subscriptions, offline centre fees, institutional partnerships, government projects, content licensing, learning devices and educational publications.

The company has built a nationwide presence with 30 offline partner centres, an AI-powered OTT platform offering 100+ courses, more than 3,300 hours of digital content, over 6 lakh learners, 2 lakh+ subscribers and 1 lakh+ mobile app downloads. It has partnered with organisations such as NSDC, TSSC and MSSDS, while also executing education and skilling projects with government bodies, universities and educational institutions across India.

Strengths Of Fusion Klassroom Edutech

• Large addressable market with 810-840M internet users and 500-530M social media users (CY2024).
• Young population (44% under age 25) with high educational aspirations.
• Government policy support through NEP 2020, PMKVY 4.0, and digital infrastructure initiatives. Affordable data costs and smartphone penetration enabling mass adoption.
• Proven scalability demonstrated by successful unicorns and platform growth post-COVID-19.
• Essential nature of education providing resilience during economic downturns • Third-largest funded EdTech ecosystem globally.

Risks Of Fusion Klassroom Edutech

• Intense competition leading to pricing pressure and compressed unit economics. Content fragmentation and quality inconsistencies across platforms.
• High customer acquisition costs in competitive landscape. Regulatory uncertainty and compliance requirements (NCVET, SSC alignment) 144.
• Digital divide persisting in rural areas despite infrastructure improvements.
• Outcome verification challenges and limited placement data transparency.
• Dependency on continuous funding in uncertain macroeconomic environment

Anchor Investor Bidding Date

Thursday, 30 July 2026

Registrar and Book Running Lead Manager

Registrar Details
Maashitla Securities Private Limited
Email: investor.ipo@maashitla.com
Telephone: 011-47581432

Book Running Lead Manager
Narnolia Financial Services Limited
Email: akash.das@narnolia.com
Telephone: 033 - 40501500

Fusion Klassroom Edutech Contact Details
Matruprabha, Plot No. 78, CTS No. 2731, Daulat Nagar Road 7,
Borivali East, Mumbai - 400066, Maharashtra, India
Email: companysecretary@klassroom.in
Telephone: +91 8655678159

Fusion Klassroom Edutech Business Model

Fusion Klassroom Edutech operates a hybrid education business through its AI-powered Education OTT platform, offline partner centres and institutional collaborations. The company generates revenue from online course subscriptions, offline coaching, B2B and government projects, channel partners, content licensing, learning devices, educational publications and other education-related services.

Fusion Klassroom Edutech Growth Trajectory

Fusion Klassroom Edutech Limited's Total Income increased to ₹23.10 crores in FY26, compared with ₹10.11 crores in FY25 and ₹4.62 crores in FY24.

The Profit After Tax increased to ₹7.60 crores in FY26 from ₹2.90 crores in FY25 and ₹0.34 crores in FY24.

Its EBITDA improved to ₹12.99 crores in FY26, compared with ₹4.06 crores in FY25 and ₹1.01 crores in FY24.

Fusion Klassroom Edutech Market Position

Fusion Klassroom Edutech operates a hybrid learning ecosystem comprising 30 offline partner centres and an AI-powered Education OTT platform offering 100+ courses and 3,300+ hours of digital content. As of the RHP date, the company had built a learner base of over 6 lakh registered users, 2 lakh+ subscribers and 1 lakh+ mobile app downloads while partnering with organisations such as NSDC, TSSC and MSSDS to deliver academic and skill development programmes.

As of 31 March 2026, the company's Total Income, Profit After Tax and EBITDA stood at ₹23.10 crores, ₹7.60 crores and ₹12.99 crores, respectively.

How To Apply For Fusion Klassroom Edutech?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.