Fusion Klassroom Edutech IPO
Education • ₹39cr
High risk because:
- 5 material risk factors disclosed in DRHP
- SME listing with thinner post-listing liquidity
- Significant revenue is geographically concentrated, with over 93% from three states.
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹151-159
Lot Size
800 shares
Issue Size
₹39cr
Open
31 Jul 2026
Close
04 Aug 2026
Subscription
1.46×
GMP +₹9 → est. ₹168
IPO Schedule
| Issue Open Date | 31 Jul 2026 |
| Issue Close Date | 04 Aug 2026 |
| Allotment Date | 05 Aug 2026 |
| Listing Date | 07 Aug 2026 |
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.
Company Details
Founders / Promoters
Mr Dhruv Nikhil Javeri
Founded
2016
Registrar
Maashitla Securities Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Grey Market Premium (GMP)
Issue Price
₹159
GMP
+₹9
Est. Listing
₹168
Est. Gain
+5.7%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Fusion Klassroom Edutech — IPOFins Verdict
QuantitativeDriven by QIB demand at 1.0x and elevated disclosed risk (7/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- 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.
Score breakdown — what drove this verdict
High risk from DRHP → score -0.8
Institutional subscription → score 0
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Fusion Klassroom Edutech IPO?
The price band is ₹151-159 per share with a lot size of 800 shares. Minimum investment: ₹1,27,200.
What does Fusion Klassroom Edutech do?
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.
Should I apply for Fusion Klassroom Edutech IPO?
Fusion Klassroom Edutech is drawing muted interest at 1.5x overall subscription (QIB 1.0x, retail 1.8x). IPOFins Score 4/10: Driven by QIB demand at 1.0x and elevated disclosed risk (7/10). SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Fusion Klassroom Edutech?
Fusion Klassroom Edutech was founded by Mr Dhruv Nikhil Javeri in 2016.