FKE

Fusion Klassroom Edutech Limited

Listed SME BSE Fresh Issue + OFS
🔥🔥🔥🔥🔥

Fusion Klassroom Edutech Limited is an Indian EdTech company offering a hybrid learning ecosystem that combines an AI-powered Education OTT platform with offline learning centres, catering to K–12 students, competitive exam aspirants, and vocational learners across B2C, B2B, and B2G segments.

Price Band
₹151–₹159
Lot Size
800 shares
Issue Size
₹39.04 Cr
Open Date
31 Jul
Close Date
04 Aug
Allotment
05 Aug
Listing Date
07 Aug
Min Investment
₹1,27,200

Overview

About the Company

Fusion Klassroom Edutech Limited operates a scalable hybrid learning ecosystem across India, integrating academic education, competitive exam coaching, and skill development under one platform. At its core is a proprietary AI-driven Education OTT platform supported by a network of 30 offline partner centres, enabling multi-channel delivery via B2C, B2B, and B2G models. The company serves over 600,000 registered users through digital subscriptions, course sales, offline centre fees, institutional licensing, and government-backed project implementations. Its curriculum spans K–12 academics, entrance exam preparation for JEE and NEET, and vocational training in cutting-edge fields such as AI and machine learning. The company has partnered with state governments including Rajasthan and Uttar Pradesh and collaborates with national skill bodies like NSDC and TSSC, enabling wide geographic and socioeconomic reach.

Company Details

Industry
Education / EdTech
Issue Type
Fresh Issue + OFS

📋 Objects of Issue (Use of Proceeds)

  • › Repayment or prepayment of certain outstanding loan obligations amounting to ₹2.36 crore (7.46% of fresh issue proceeds).
  • › Investment in technology, AI/ML development, servers, and cloud infrastructure worth ₹6.71 crore (21.21%).
  • › Capital expenditure directed toward developing new educational content, totalling ₹5.35 crore (16.91%).
  • › Procurement of desktops and laptops to equip new offline computer labs, amounting to ₹1.95 crore (6.16%).
  • › Expenditure on marketing and brand-building initiatives worth ₹5.22 crore (16.50%).
  • › Inorganic growth through strategic acquisitions and general corporate purposes, accounting for ₹10.04 crore (31.76%).

✅ Strengths

  • ✓ Runs a scalable hybrid learning platform that has attracted over 600,000 registered users.
  • ✓ Maintains a proprietary digital content library comprising more than 100 courses and over 3,300 hours of learning material.
  • ✓ Has demonstrated the ability to successfully execute large-scale educational projects for multiple state governments.
  • ✓ Earns revenue through a well-diversified mix of online, offline, B2B, and B2G channels, reducing dependence on any single stream.
  • ✓ Leverages a proprietary AI-powered Education OTT platform to deliver personalised and scalable learning experiences.

⚠️ Risks

  • ! Revenue is heavily concentrated geographically, with more than 93% coming from just three states, making the business vulnerable to regional disruptions.
  • ! A large share of revenue depends on a small number of B2B institutional clients, creating significant customer concentration risk.
  • ! The company has consistently reported negative cash flows from investing activities, raising concerns about long-term capital sustainability.
  • ! The company does not own any of the properties it operates from, exposing it to risks related to lease renewals and rental costs.
  • ! Key trademarks used by the company were previously registered in the promoter's personal name, posing potential intellectual property complications.