Fusion Klassroom Sets July 31 IPO To Fund AI And Edtech Expansion
Fusion Klassroom Edutech Limited has announced that its Initial Public Offering (IPO) will open on July 31, 2026, and close on August 4, 2026. The Anchor Investor bidding period will open on July 30. The IPO has a price band of Rs. 151 to Rs. 159 per equity share, with a minimum bid lot of 1,600 shares.
The issue comprises a fresh issue of up to 1,989,400 equity shares and an Offer for Sale (OFS) of up to 465,800 equity shares, taking the total issue to up to 2,455,200 equity shares. The company plans to list its shares on the BSE SME Platform.
The IPO Is Tied To A Wider Technology Build-Out
Fusion Klassroom says the proceeds will support several areas of its business, including repayment or prepayment of certain borrowings; technology and Artificial Intelligence/Machine Learning (AI/ML) model development; servers and cloud infrastructure; content development; and the purchase of desktops...
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