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Fusion Klassroom Edutech Limited

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 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.

Issue Money Payable On
Opens on Closes On Application Allotment
31-Jul-26 04-Aug-26 159.00-0.00 0.00-0.00
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 159.00  

Project

  • Prepayment or repayment of all or a portion of certain outstanding borrowings availed by its Company
  • Expenditure towards Technology & AI\ML Model Development, Servers and Cloud Infrastructure
  • Funding the capital expenditure towards Content Development
  • Funding the capital expenditure towards procurement of Desktop and Laptops for the new Offline Centers' AI/ML labs
  • Expenditure towards Marketing Initiatives
  • General 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.