Fusion Klassroom Edutech IPO GMP today is Rs 4. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
KLASSROOM
Fusion Klassroom Edutech IPO GMP & Allotment
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.
- IPO Price Band
- ₹151.00 - ₹159.00
- Lot Size
- 800 Shares
- Bidding Closes
- 04 Aug 2026
- Listing Date
- 07 Aug 2026
Quick Answer & Highlights
Fusion Klassroom Edutech IPO GMP Today & Key Takeaways
Last updated: 07 Aug 2026
Fusion Klassroom Edutech IPO officially listed on 07 Aug 2026 at Rs 170.00, delivering a +6.92% listing gain compared to its issue price of Rs 159.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
Fusion Klassroom Edutech IPO officially listed on 07 Aug 2026 at ₹170.00, delivering a +6.92% listing gain compared to its issue price of ₹159.00. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹4.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹4 | +2.52% vs upper band (07 Aug 2026) |
| Est. Listing Price | ₹170.00 | +6.92% Est. Listing Gain |
| Price Band | ₹151.00 - ₹159.00 | SME IPO |
| Retail Minimum Investment | ₹2,54,400 | 2 Lot (800 Shares) |
| Bidding Window | 31 Jul 2026 – 04 Aug 2026 | Listed |
| Allotment & Listing Dates | Allotment: 05 Aug 2026 | Listing: 07 Aug 2026 |
Current GMP Status
₹4
+2.52% vs upper band
Est. Listing Gain
+6.92%
Last Trend
07 Aug 2026
Listing Price
₹170.00
Retail Entry
₹2,54,400
IPO Details
Complete IPO information
| IPO Open Date | 31 Jul 2026 |
|---|---|
| IPO Close Date | 04 Aug 2026 |
| IPO Price Band | ₹151.00 - ₹159.00 |
| Lot Size | 800 Shares |
| Current GMP | ₹4 |
| Estimated Listing Gain | +6.92% |
| Issue Size | Approx ₹39.04 Cr |
| Fresh Issue | - |
| Issue Type | SME |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 1.46x |
| Minimum Investment | ₹2,54,400 |
| DRHP Draft Prospectus | - |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Fusion Klassroom Edutech is priced at ₹159 per share. With a minimum lot size of 800 shares, a retail investor applying for one lot would need approximately ₹2,54,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Fusion Klassroom Edutech stands at ₹4, implying an estimated listing gain of around 2.52% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Fusion Klassroom Edutech's IPO was subscribed 1.46x overall, with a category-wise breakdown of Retail 1.79x, QIB 1x.
Among the strengths highlighted in Fusion Klassroom Edutech's IPO documents: 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..
Investors should also weigh the risk factors Fusion Klassroom Edutech has disclosed, including: Significant revenue is geographically concentrated, with over 93% from three states..
A share of Fusion Klassroom Edutech's issue proceeds is earmarked for Capital Expenditure: 5.35 (16.91%).
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
31 Jul 2026
✓
Bidding Closes
04 Aug 2026
✓
Allotment
05 Aug 2026
✓
Listing
07 Aug 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 31 Jul 2026 | Completed |
| Bidding Closes | 04 Aug 2026 | Completed |
| Allotment | 05 Aug 2026 | Completed |
| Listing | 07 Aug 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 07 Aug 2026 | ₹4.00 | - | 2.52% |
| 04 Aug 2026 | ₹4.00 | - | 2.52% |
| 03 Aug 2026 | ₹4.00 | -₹5.00 | 2.52% |
| 31 Jul 2026 | ₹9.00 | - | 5.66% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 1,600 | ₹2,54,400 |
| Retail Maximum | 2 Lot | 1,600 | ₹2,54,400 |
| S-HNI Minimum | 3 Lot | 2,400 | ₹3,81,600 |
| S-HNI Maximum | 7 Lot | 5,600 | ₹8,90,400 |
| B-HNI Minimum | 8 Lot | 6,400 | ₹10,17,600 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
- Capital Expenditure 5.35 (16.91%)
Issue Notes
Important takeaways before applying
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.
Analysis
Fusion Klassroom IPO Reservation
The Fusion Klassroom IPO follows the SEBI-prescribed allocation framework for a Book Built Issue. The issue is reserved across different investor categories, including Anchor Investors, Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs), ensuring balanced participation from institutional and retail investors.
The category-wise reservation and the number of shares allocated to each investor segment are shown below.
| Investor Category | Shares Offered | Reservation (%) |
|---|---|---|
| Anchor Investor | 6,96,800 Shares | 28.38% |
| QIB (Ex. Anchor) | 4,64,800 Shares | 18.93% |
| NII Shares Offered | 3,52,800 Shares | 14.37% |
| Retail Shares Offered | 8,17,600 Shares | 33.30% |
Note: The above reservation details are based on the proposed IPO structure. The final allocation may be revised in accordance with SEBI regulations and the basis of allotment after the issue closes.
Analysis
Fusion Klassroom IPO Anchor Investors
Fusion Klassroom Limited has reserved a portion of its IPO for Anchor Investors before the issue opens for public subscription. Anchor investors are institutional investors who participate in the IPO one working day before the public issue opens and help establish confidence in the offering.
The details of the anchor investor allocation, bidding schedule, lock-in periods, and other important information are provided below. The complete list of anchor investors will be available after the anchor allocation is finalized.
| Particular | Details |
|---|---|
| Anchor Bidding Date | July 30, 2026 |
| Anchor Investors List | |
| Shares Offered | 6,96,800 Shares |
| Anchor Issue Size | [.] Crores |
| Lock-in Period End Date (50% Shares – 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares – 90 Days) | 2026 |
Note: The anchor issue size and lock-in period end dates will be updated after the anchor allocation is completed. The final anchor investor list will be published in the official IPO allocation details.
Analysis
Fusion Klassroom Edutech IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 31 Jul 2026 |
| IPO Close Date | 04 Aug 2026 |
| Basis of Allotment | 05 Aug 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 07 Aug 2026 |
Note: The timeline for Fusion Klassroom Edutech IPO is tentative and subject to change.
Analysis
Fusion Klassroom IPO Promoters and Holding Pattern
The promoters of Fusion Klassroom Limited are Alka Nikhil Javeri, Dhruv Nikhil Javeri, and Dhumil Nikhil Javeri. The promoters have played an important role in establishing and expanding the company's presence in the education and training sector through strategic leadership and business development.
Following the IPO, the promoters' shareholding will be diluted due to the fresh issue of equity shares. However, they will continue to hold a significant ownership stake in the company, reflecting their long-term commitment to the business.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 73,27,473 | 55.07% |
| Promoter Holding Post Issue | 93,16,873 | 39.53% |
Note: The post-issue promoter shareholding is based on the proposed IPO structure and may vary depending on the final issue size, allotment, and completion of the public issue.
Analysis
Fusion Klassroom Edutech Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
About Fusion Klassroom IPO
Fusion Klassroom Edutech Ltd. is an education technology company focused on providing professional and competitive examination coaching through digital and hybrid learning models across multiple cities. The company was founded in 2016.
The company offers coaching programs for courses such as CA, CS, CMA, and other commerce-related examinations. It combines classroom teaching with online platforms to enhance accessibility and learning flexibility.
Their business models include: B2C – Education OTT & Offline Learning, Skill Development & Employability Programs, B2B2C, B2B & B2G Institutional Partnerships.
Fusion Klassroom Edutech Ltd. reported strong growth between the financial years ending March 31, 2025, and March 31, 2026. Its revenue increased by 129%, while its profit after tax (PAT) grew by 162%.
Analysis
Fusion Klassroom Edutech Company Financials
To Be Updated Soon
Analysis
Fusion Klassroom Edutech Company Valuation – FY2026
To Be Updated Soon
Analysis
Fusion Klassroom Edutech IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd.
Comparison
Compare Fusion Klassroom Edutech IPO with similar IPOs
FAQ
Fusion Klassroom Edutech IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 4 and an issue price of Rs 159, the estimated listing price for Fusion Klassroom Edutech IPO is Rs 163.00 (approx 2.52% listing gain). Actual listing price is determined by market demand on the listing day.
Fusion Klassroom Edutech IPO price band is Rs 151.00 to Rs 159.00. Check the latest issue price, lot size and GMP together before applying.
Fusion Klassroom Edutech IPO open date is 31 Jul 2026, close date is 04 Aug 2026, and listing date is 07 Aug 2026.
Fusion Klassroom Edutech IPO lot size is 800 shares. The minimum retail investment is Rs 2,54,400.
Fusion Klassroom Edutech is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
Fusion Klassroom Edutech IPO subscription status currently shows Retail 1.79x, QIB 1x, Overall 1.46x.
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.
Fusion Klassroom Edutech IPO issue size is 39.04 and the expected allotment date is 05 Aug 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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