IPO · Education & Skilling

Fusion Klassroom Edutech lists on BSE SME at 7% premium

By Startup Enthusiast · 7 August 2026

What they do

Fusion Klassroom Edutech runs a hybrid learning platform for K-12, exams, and upskilling

Its IPO raised ₹39 Cr and listed at ₹170, a 6.92% premium to the issue price of ₹159

Revenue grew 128% to ₹23 Cr in FY26, and net profit jumped 162% to ₹7.6 Cr

Fusion Klassroom Edutech shares listed on the BSE SME on 7 August 2026 at ₹170, a 6.92% premium to the issue price of ₹159.
The stock closed the first day at ₹166.75, up about 5% from the issue price but roughly 2% below the listing price.
The IPO had a price band of ₹151-159, valuing the company at ₹148.1 Cr at the upper end.
The IPO raised ₹39 Cr through a fresh issue of ₹31.63 Cr and an offer for sale (OFS, where existing shareholders sell their shares) of ₹7.41 Cr.
The IPO was subscribed 1.46 times.
The grey market premium (GMP, an unofficial indicator of expected listing gain) was ₹0 ahead of listing.
Market capitalisation at close was ₹155.4 Cr, and at listing it was ₹164.9 Cr.

The company's revenue from operations grew 128% year-on-year to ₹23 Cr in FY26, and net profit jumped 162% to ₹7.6 Cr.
It has over 6 lakh registered users, 2 lakh paid subscribers, and more than 1 lakh app downloads.
The company plans to use IPO proceeds for technology upgrades, content development, marketing, and AI/ML model development.

Fusion Klassroom Edutech is a hybrid learning platform covering K-12, competitive exams, professional upskilling, and AI/ML learning.
It operates an OTT platform for online learning and has 30+ partner centres in Mumbai for offline classes.
It partners with educational institutions and government bodies for academic programmes, exam preparation, skilling, and employability.
The company has over 6 lakh registered users, 2 lakh paid subscribers, and more than 1 lakh app downloads.
Revenue from operations was ₹4.6 Cr in FY24, ₹10.1 Cr in FY25, and ₹23 Cr in FY26.
Net profit was ₹34 lakh in FY24, ₹2.9 Cr in FY25, and ₹7.6 Cr in FY26.

IPO proceeds will be used for technology upgrades, content development, marketing, brand building, and debt repayment.
Funds will also go towards AI/ML model development, servers/cloud, desktops/laptops for AI labs at new offline centres, and inorganic growth via acquisitions.
The company is developing an in-house AI tutor for personalised doubt-solving and learning support.
It is expanding multilingual content: piloted 5 languages, plans to cover 13 Indian languages covering about 95% of the population.

Anchor investors (participated) — Invested ₹11.08 Cr for 6,96,800 shares at ₹159 each.