Fusion Klassroom
Price Band
₹151 - ₹159
Lot Size
1,600 Shares
Issue Size
₹39.04 Cr
Fresh Issue
₹31.63 Cr
OFS
₹7.41 Cr
Registrar
AI Sentiment Score
Listing Price
₹170.00
vs Issue: ₹159 (+6.92%)
📅 IPO Timeline
✓
Open
Jul 31, 2026
✓
Close
Aug 2, 2026
✓
Allotment
Aug 4, 2026
✓
Refund
Aug 5, 2026
✓
Demat
Aug 5, 2026
✓
Listing
Aug 7, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
Despite a neutral GMP, the listing is supported by exceptional financial growth, high ROE (53.45%), and a small float scarcity. However, the very low institutional demand (QIB 1.0x) acts as a significant drag, preventing a higher pop.
💪 Strengths
- Exceptional ROE of 53.45% and ROCE of 45.6%
- Rapid revenue growth of 129% between 2025 and 2026
- Low Debt-to-Equity ratio (0.19)
⚠️ Weaknesses
- Low institutional demand (QIB subscription at 1.0x)
- Small operational history relative to established Edutech giants
🚀 Opportunities
- Expansion into AI/ML based personalized learning
- Growth in B2G and B2B institutional partnerships
🛡️ Threats
- Intense competition from larger Edutech platforms
- Regulatory changes in professional coaching standards
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| Prepayment or repayment of all or a portion of certain outstanding borrowings availed by Company | ₹2.36 |
| Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure | ₹6.71 |
| Funding the capital expenditure towards Content Development | ₹5.35 |
| Funding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers AI/ML labs | ₹1.95 |
| Expenditure towards marketing initiatives | ₹5.22 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ₹17.45 |
📊 Key Financials
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue (₹ Cr) | 4.62 | 10.11 | 23.10 |
| PAT (₹ Cr) | 0.34 | 2.90 | 7.60 |
Debt/Equity
0.19
📋 Live Subscription Status
QIB
1.00x
NII
1.47x
Retail
1.80x
Total
1.50x
🎯 Retail Allotment Probability
55.6% Odds
1 in 1.8 chance (~55.6% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Aug 8, 2026 8:03 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹39.0 Cr
Issue Size
Fresh (81%)
OFS (19%)
Reservation Quota
100%
Allocation
NII (50%)
Retail (50%)
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.