IPO IPO-Synopsis
Fusion Klassroom Edutech Limited

Back

Registered Office: Matruprabha Plot #.78 CTS 2731,Daulat Nagar Rd 7 Borivali Est , Mumbai - 400066 , Maharashtra , India.
Phone : +91 86556 78159   Fax:
Email :  companysecretary@klassroom.in  
Website :  www.klassroom.in
Initial public offer of 24,55,200 equity shares of face value of Rs10 each ("Equity Shares") of the company at a price of Rs159 per equity share ("Offer Price") (including a share premium of Rs149 per equity share) for cash, aggregating Rs39.04 Crores ("Public Offer") comprising a fresh issue of 19,89,400 equity shares of face value of Rs10 each aggregating to Rs31.63 Crores (the "Fresh Issue") and an offer for sale of 4,65,800 equity shares of face value of Rs10 each comprising of 1,78,048 equity shares by Alka Nikhil Javeri, 87,000 equity shares by Dhruv Nikhil Javeri, 87,000 equity shares by Dhumil Nikhil Javeri, 28,471 equity shares by Deepti Choudhary, 16,040 equity shares by Chandra Prakash Toshniwal, 16,000 equity shares by Utsav Verma, 13,634 equity shares by Arun Deep Bakshi, 6,255 equity shares by Uttam Pal Singh, 5,614 equity shares by Rahul Mahajan, 5,600 equity shares by Sonal Agarwal, 4,500 equity shares by Lakshminarayanan Karthik, 4,010 equity shares by Abhijit Saxena, 4,010 equity shares by Preeti Bahl, 4,010 equity shares by Nanhi Singh, 2,000 equity shares by Nirmal Kumar Meharia, 1,604 equity shares by Aakash Choudhary, 1,002 equity shares by Abhijeet Kumar and 1,002 equity shares by Ashish Sarser ("Selling Shareholders") ("Offer For Sale") aggregating to Rs7.41 Crores, out of which 1,23,200 equity shares of face value of Rs10 each, at an offer price of Rs159 per equity share (including a share premium of Rs149 per equity share) for cash, aggregating Rs1.96 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 23,32,000 equity shares of face value of Rs10 each, at an offer price of Rs159 per equity share for cash, aggregating Rs37.08 Crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 26.35% and 25.03% respectively of the post-offer paid-up equity share capital of the company. Price Band: Rs159 per equity share of face value Rs10 each. The floor price is 15.90 times the face value of the equity shares. Bids can be made for a minimum of 1600 equity shares and in multiples of 800 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Jul-26 04-Aug-26 Rs159.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1600  Further Multiples of :800

  Rs Cr Lead Managers to the Issue
Project Cost 27.52
Narnolia Financial Services Ltd
Project Financed through Current Offer 39.04  
Post Issue Equity Share Capital 9.32  
Issue Price Rs159.00  
Projects
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by its CompanyFunding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers' AI/ML labs
Expenditure towards Technology & AI\ML Model Development, Servers and Cloud InfrastructureExpenditure towards Marketing Initiatives
Funding the capital expenditure towards Content DevelopmentGeneral Corporate Purpose
Promoted By
Alka Nikhil Javeri
Dhruv Nikhil Javeri
Dhumil Nikhil Javeri
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd