Fusion Klassroom Edutech IPO Subscription Status Day 2: Issue Booked 0.85 Times As Retail Investors Stay Ahead
Authored By HDFC SKY | Published at: Aug 3, 2026 12:22 PM IST
Fusion Klassroom Edutech IPO remained modestly subscribed on Day 2, with retail investors keeping the issue above the fully subscribed mark while QIB and NII participation stayed muted.
Mumbai, August 03: The Fusion Klassroom Edutech IPO continued to attract bids on the second day of subscription, with the SME public issue subscribed 0.85 times by late morning. While retail investors kept demand above the fully subscribed mark, participation from qualified institutional buyers (QIBs) and non-institutional investors (NIIs) remained below the one-time mark.
According to exchange data available till 11:38 AM, the ₹39.04 crore IPO received bids for 13.95 lakh shares against 16.35 lakh shares on offer, excluding the market maker portion. The issue had received 610 applications at the time of the latest update.
With one more trading session remaining after today, investors will watch whether institutional demand picks up before the issue closes on August 4, 2026.
Fusion Klassroom Edutech IPO Subscription Status Day 2
As of 11:38 AM on August 03, the subscription stood at:
| Category | Subscription |
| QIB (Ex Anchor) | 0.68x |
| NII | 0.41x |
| • bNII | 0.55x |
| • sNII | 0.15x |
| Individual Investors (Retail) | 1.14x |
| Overall | 0.85x |
Retail investors continued to lead demand by fully subscribing their reserved quota. Meanwhile, both QIB and NII categories were yet to reach full subscription, keeping the overall issue below the one-time mark.
Subscription Trend
| Day | Overall Subscription |
| Day 1 | 0.79x |
| Day 2 (11:38 AM) | 0.85x |
The IPO has seen only a marginal improvement in overall demand so far, with retail participation providing the primary support.
Fusion Klassroom Edutech IPO Details
Fusion Klassroom Edutech aims to raise ₹39.04 crore through a combination of:
- Fresh Issue: 19.90 lakh equity shares aggregating ₹31.63 crore
- Offer For Sale: 4.66 lakh equity shares aggregating ₹7.41 crore
The issue also includes a market maker reservation of 1.23 lakh shares.
The IPO is priced in the band of ₹151 to ₹159 per share. Retail investors can apply for a minimum of 1,600 shares, requiring an investment of ₹2,54,400 at the upper price band.
Ahead of the public issue, the company raised ₹11.08 crore from anchor investors.
Reservation Break-Up
The net issue has been allocated as follows:
- Qualified Institutional Buyers (QIBs): 49.81%
- Non-Institutional Investors (NIIs): 15.13%
- Retail Individual Investors (RIIs): 35.06%
Key IPO Dates
- IPO Opens: July 31, 2026
- IPO Closes: August 4, 2026
- Expected Allotment: August 5, 2026
- Refunds/Unblocking: August 6, 2026
- Shares Credited To Demat Accounts: August 6, 2026
- Tentative Listing: August 7, 2026 on the BSE SME platform
About Fusion Klassroom Edutech
Fusion Klassroom Edutech is an education-focused company operating in the test preparation and higher education segment. The company offers coaching and academic programmes through a blend of classroom and technology-enabled learning platforms while expanding its presence across multiple educational verticals.
Conclusion
The Fusion Klassroom Edutech IPO has made a modest start, with the issue subscribed 0.85 times by late morning on Day 2. Retail investors continue to support the offering, but stronger participation from institutional and high-net-worth investors will be closely watched as the subscription window approaches its final day.
Source:
- https://www.chittorgarh.net/reports/anchor-investor/fusion-klassroom-anchor-investor.pdf
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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