Fusion Klassroom Edutech Limited IPO

Initial public offer of 24,55,200 equity shares of face value of Rs. 10 each ("Equity Shares") of the company at a price of Rs. 159 per equity share ("Offer Price") (including a share premium of Rs. 149 per equity share) for cash, aggregating Rs. 39.04 Crores ("Public Offer") comprising a fresh issue of 19,89,400 equity shares of face value of Rs. 10 each aggregating to Rs. 31.63 Crores (the "Fresh Issue") and an offer for sale of 4,65,800 equity shares of face value of Rs. 10 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 Rs. 7.41 Crores, out of which 1,23,200 equity shares of face value of Rs. 10 each, at an offer price of Rs. 159 per equity share (including a share premium of Rs. 149 per equity share) for cash, aggregating Rs. 1.96 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 Rs. 10 each, at an offer price of Rs. 159 per equity share for cash, aggregating Rs. 37.08 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: Rs. 159 per equity share of face value Rs. 10 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.

Fusion Klassrom Edutech Limited was incorporated on November 03, 2016, as Fusion Klassroom Edutech Private Limited', a Private Limited Company dated November 3, 2016 with the Central Registration Centre. It was converted into a Public limited company changing the name to Fusion Klassroom Edutech Limited' via fresh certificate of Incorporation issued by the Registrar of Companies, Central Processing Centre with effect from November 17, 2025. Company operates in the education and technology sector, delivering academic and skill-based content via an AI-enabled OTT learning platform and through partner institutions. The Company began operations in 2016 to transform the learning experience for students across India through a hybrid tutoring model that combined offline academic coaching with early-stage technology integration. In 2016, Company partnered with over three coaching centres catering to students from Grades 6-12 and aspirants preparing for JEE/NEET competitive examinations. It supported partner centres with technology enablement, marketing assistance, and student demand generation, laying the foundation for a scalable hybrid learning ecosystem. Between 2017 and 2020, Company expanded to over 20 partner learning centres, establishing a stable base for its academic operations. Klassroom introduced its first proprietary learning initiatives, including the 'How to Study' workshop and the Klassroom Konnect platform, designed to strengthen academic discipline and learning. During these years, Company maintained a steady annual learner base of 500+ enrolments, while continuing to refine its hybrid delivery model and operational framework. In 2020-21, Company undertook nationwide digital expansion with the launch of 'Klassroom Online Academy', at delivering high-quality Live academic tutoring, recorded content, Test, assessments, digital notes, exams and doubts solving through digital channels at accessible pricing. This initiative enabled Klassroom to reach 10,000+ registered users with over 1,500+ enrolments across India, strengthening its national visibility. During 2021-22, the Company scaled its online tutoring operations. Learner engagement increased substantially, crossing 30,000+ registered users, with 3,000+ enrolments. In 2022-23, it digitized through government partnerships, by executing 10+ PM Shri School projects and Jawahar Navodaya Vidyalaya (JNV) signed a major MoU with the Government of Rajasthan for academic interventions. Period 2023-24 represented a phase of operational consolidation, hybrid expansion, and large-scale implementation. The Government of Rajasthan initiatives moved into full execution, while Company expanded its B2B distribution through NGOs, trusts, and institutional partners. Klassroom executed a 1,000+ girl-child digital education project in Uttar Pradesh, reinforcing its commitment to social impact. In 2024-25, Company entered a new phase with the launch of AI-powered Education OTT App, offering 50+ academic, competitive exam, and skill development courses of 2500 hrs of recorded content. Learner engagement scaled rapidly, surpassing 3 lakh+ registered users and 50,000 subscribers, supported by a growing base of 25+ offline centres and stable online recorded course revenue streams. The Company secured a new RSLDC government project benefiting lakhs of learners, further strengthening its national skilling footprint. By 2025-26, Company established a strong presence in AI/ML education infrastructure and skill development. It partnered with NSDC, TSSC, and MSSDS for national AI/ML training rollouts and established AI/ML Labs across Maharashtra. It collaborated for AI/ML internship programs and integrated its training solutions with Maharashtra Skilling Apps, while engaging with Tripura SCERT for academic and digital learning initiatives. The Company expanded to 30 offline centres, and its cumulative learner base crossed 4 lakhs+ users, reflecting strong national scale and adoption. The Company came up with IPO by issuing 24,55,200 Equity Shares of Rs 10 each and raised Rs 39.03 Crore which comprised a fresh issue of 19,89,400 equity shares amounting to Rs 31.63 crore and the offer for sale of 4,65,800 equity shares amounting to Rs 7.4 crore on August 4, 2026.