| Basis of Allotment |
| THIS IS A PUBLIC ANNOUNCEMENT FOR AN INFORMATION PURPOSE ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR ISSUE TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA |
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| FUSION KLASSROOM EDUTECH LIMITED |
| (Formerly known as Fusion Klassroom Edutech Private Limited) |
| CORPORATE IDENTIFICATION NUMBER: U74999MH2016PLC287390 |
Our Company was originally formed as a Private Limited Company in the name of "Fusion Klassroom Edutech Private Limited" under the provisions of the Companies Act, 2013 on November 03, 2016 vide Certificate of Incorporation issued by Registrar of Companies, Central Registration Centre bearing Corporate Identity Number U74999MH2016PTC287390. Subsequently, our Company was converted into a Public Limited Company under the Companies Act, 2013 pursuant to a special resolution passed at the Annual General Meeting of our Company held on September 29, 2025 and the name was changed to "Fusion Klassroom Edutech Limited" pursuant to a fresh Certificate of Incorporation dated November 17, 2025 issued by the Registrar of Companies, Central Processing Centre bearing Corporate Identity Number U74999MH2016PLC287390. For further details, please refer to chapter titled "Our History and Certain Corporate Matters" on page 176 of this Prospectus.
| Registered Office: Matruprabha, Plot No-78, CTS No-2731, Daulat Nagar Road 7, Borivali East, Mumbai - 400066, Maharashtra, India |
| Corporate Office: NA; Website: www.klassroom.in; E-Mail: companysecretary@klassroom.in; Telephone No: +91 8655678159 |
| Company Secretary and Compliance Officer: Ms. Jinal Karen Vora |
| OUR COMPANY HAS FILED THE PROSPECTUS DATED AUGUST 05, 2026 WITH ROC AND EQUITY SHARES ARE PROPOSED TO BE LISTED ON SME PLATFORM OF BSE LIMITED (BSE SME) ON AUGUST 07, 2026. |
| "THE OFFER IS BEING MADE IN ACCORDANCE WITH CHAPTER IX OF THE SEBI ICDR REGULATIONS (IPO OF SMALL AND MEDIUM ENTERPRISES) AND THE EQUITY SHARES ARE PROPOSED TO BE LISTED ON SME PLATFORM OF BSE LIMITED (BSE SME)." |
| PROMOTERS OF OUR COMPANY: MRS. ALKA NIKHIL JAVERI, MR. DHRUV NIKHIL JAVERI AND MR. DHUMIL NIKHIL JAVERI |
| BRIEF DESCRIPTION OF THE BUSINESS OF THE COMPANY |
Fusion Klassroom Edutech Limited is an education technology company focused on delivering academic, learning and skill training across India. Our company was Founded in 2016, the Company provides online education through its Klassroom Education OTT platform and offline learning and skilling programmes through its 30+ partner centres in Mumbai. It also works with educational institutions, universities and government bodies to deliver academic programmes, competitive examination preparation, new-age skilling and employability-focused initiatives.
Fusion Klassroom has over 6 lakh registered users, more than 2 lakh paid subscribers, and offers 100+ courses comprising over 3,300 hours of proprietary digital learning content. The Company continues to invest in AI-enabled learning technologies, multilingual content, new offline learning centres, and AI & ML labs to enhance learning outcomes and employability.
For further details, please see "Our Business" on page 145 of the Prospectus.
| BASIS OF ALLOTMENT |
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. 159.00 PER EQUITY SHARE ("OFFER PRICE") (INCLUDING A SHARE PREMIUM OF RS. 149.00 PER EQUITY SHARE) FOR CASH, AGGREGATING RS. 3,903.77 LAKHS ("PUBLIC OFFER") COMPRISING A FRESH ISSUE OF 19,89,400 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH AGGREGATING TO RS. 3,163.15 LAKHS (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. 740.62 LAKHS, OUT OF WHICH 1,23,200 EQUITY SHARES OF FACE VALUE OF RS. 10 EACH, AT AN OFFER PRICE OF RS. 159.00 PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF RS. 149.00 PER EQUITY SHARE) FOR CASH, AGGREGATING RS. 195.89 LAKHS 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. 159.00 PER EQUITY SHARE FOR CASH, AGGREGATING RS. 3,707.88 LAKHS IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE PUBLIC OFFER AND NET OFFER WILL CONSTITUTE 28.35% AND 25.03% RESPECTIVELY OF THE POST- OFFER PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.
DETAILS OF OFFER FOR SALE, SELLING SHAREHOLDERS AND THEIR AVERAGE COST OF ACQUISITION
| NAME OF THE SELLING SHAREHOLDERS | TYPE | NUMBER OF EQUITY SHARE OFFERED | WEIGHTED AVERAGE COST OF ACQUISITION PER EQUITY SHARE (IN Rs.)* |
| Mrs. Alka Nikhil Javeri | Promoter Selling Shareholder | 1,78,048 Equity Shares of Rs. 10 each | 0.02 |
| Mr. Dhruv Nikhil Javeri | Promoter Selling Shareholder | 87,000 Equity Shares of Rs. 10 each | 0.02 |
| Mr. Dhumil Nikhil Javeri | Promoter Selling Shareholder | 87,000 Equity Shares of Rs. 10 each | 0.02 |
| Deepti Choudhary | Investor Selling Shareholder | 28,471 Equity Shares of Rs. 10 each | 0.94 |
| Chandra Prakash Toshniwal (Trustee at CPT Family Trust) | Investor Selling Shareholder | 16,040 Equity Shares of Rs. 10 each | 57.37 |
| Utsav Verma | Investor Selling Shareholder | 16,000 Equity Shares of Rs. 10 each | 38.91 |
| Arun Deep Bakshi | Investor Selling Shareholder | 13,634 Equity Shares of Rs. 10 each | 31.13 |
| Uttam Pal Singh | Investor Selling Shareholder | 6,255 Equity Shares of Rs. 10 each | 36.97 |
| Rahul Mahajan (Partner at CWS Contacts) | Investor Selling Shareholder | 5,614 Equity Shares of Rs. 10 each | 55.30 |
| Sonal Agarwal | Investor Selling Shareholder | 5,600 Equity Shares of Rs. 10 each | 30.40 |
| Lakshminarayanan Karthik | Investor Selling Shareholder | 4,500 Equity Shares of Rs. 10 each | 64.70 |
| Abhijit Saxena | Investor Selling Shareholder | 4,010 Equity Shares of Rs. 10 each | 63.14 |
| Preeti Bahl | Investor Selling Shareholder | 4,010 Equity Shares of Rs. 10 each | 30.40 |
| Nanhi Singh | Investor Selling Shareholder | 4,010 Equity Shares of Rs. 10 each | 30.40 |
| Nirmal Kumar Meharia | Investor Selling Shareholder | 2,000 Equity Shares of Rs. 10 each | 38.23 |
| Aakash Choudhary | Investor Selling Shareholder | 1,604 Equity Shares of Rs. 10 each | 82.48 |
| Abhijeet Kumar | Investor Selling Shareholder | 1,002 Equity Shares of Rs. 10 each | 25.18 |
| Ashish Sarser | Investor Selling Shareholder | 1,002 Equity Shares of Rs. 10 each | 131.48 |
| BID/OFFER PERIOD | ANCHOR INVESTOR BIDDING DATE : THURSDAY, JULY 30, 2026 |
| BID / OFFER OPENED ON : FRIDAY, JULY 31, 2026 | |
| BID / OFFER CLOSED ON : TUESDAY, AUGUST 04, 2026 |
| FACE VALUE OF EQUITY SHARES IS RS. 10.00 EACH AND OFFER PRICE IS RS. 159 EACH |
| THE OFFER PRICE IS 15.90TIMES OF THE FACE VALUE OF EQUITY SHARE |
| RISK TO INVESTORS |
For details refer to section titled "Risk Factors" on page 28 of the Prospectus.
We do not own any of the properties from which we operate. If we are unable to renew our current leases or if we renew them on terms which are detrimental to our Company, we may suffer a disruption in our operations or increased relocating costs, or both, which could adversely affect our business, results of operations, cash flows and financial condition.
Our Company had negative cash flow in the financial year ended on March 31, 2026, March 31, 2025 and March 31, 2024 details of which are given below. Sustained negative cash flow could impact our growth and business.
We derive a significant portion of our revenues from the sale of our services in certain key states. Our revenues from Uttar Pradesh constituted 42.60%, 46.86% and 57.16% of our total revenue from operations in Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively. Revenues from Rajasthan accounted for 24.00%, 23.21% and 0.76% during Fiscal 2026, Fiscal 2025 and Fiscal 2024, respectively, while revenues from Maharashtra contributed 26.76%, 29.71% and 42.03% during the same periods. In addition, revenues from Haryana constituted 5.64% of our total revenue from operations in Fiscal 2026, while revenues from Karnataka constituted 0.62% during Fiscal 2026. Consequently, a substantial portion of our revenues is geographically concentrated in these states. Any adverse developments, including changes in state-specific regulations, economic conditions, political instability, natural calamities, or disruptions affecting our operations in such regions, could have an adverse impact on our business, results of operations, financial condition and cash flows.
Our success depends on our ability to attract and retain students. Any failure to do so could adversely impact our business, reputation, financial conditions and cash flows.
Certain media reports have incorrectly referred to Suniel Shetty as an investor in our Company, which may lead to misinterpretation and impact investor perception.
There have been certain instances of non-compliances in respect of ROC related filing or payments. In the past, there have been certain instances of delays in filing of statutory forms, such as ADT-1, PAS-3, MGT-14 and INC-27 as per the reporting requirements of the Companies Act, 2013 with the RoC. These delays were primarily due to the absence of a full-time Company Secretary, which led to untimely preparation and submission of data to consultants. The delays have ranged from 8 days to 192 days, depending on the form and reporting period.
We have generally complied with applicable statutory filing and payment requirements, except for certain delays in filing and payment of GST dues in a few cases.
Our success depends on our ability to attract and retain faculty members. Any failure to do so could adversely impact our business, operations, financial condition and cash flow.
Failures or disruptions in our information technology systems, digital platforms and OTT application could adversely affect our education delivery, operations and financial performance.
We are dependent on our key employees and senior management, and any inability to attract or retain such personnel could adversely affect our business and financial performance.
| PROPOSED LISTING: FRIDAY, AUGUST 07, 2026 |
This Offer is being made through the Book Building Process, in terms of Rule 19(2)(b)(i) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 253 of the SEBI ICDR Regulations, as amended, wherein not more than 50% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs", the "QIB Portion"), provided that our Company, in consultation with the Book Running Lead Manager, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations ("Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis only to Mutual Funds, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIBs, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, not less than 15% of the Net Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders (out of which one third shall be reserved for Bidders with Bids exceeding Rs.2 lakhs and up to Rs.10 lakhs and two-thirds shall be reserved for Bidders with Bids exceeding Rs.10 lakhs) and under-subscription in either of these two sub-categories of Non-Institutional Portion may be allocated to Bidders in the other subcategory of Non-Institutional Portion, subject to valid Bids being received at or above the Offer Price and not less than 35% of the Net Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received at or above the Offer Price. All potential Bidders (except Anchor Investors) are required to mandatorily utilize the Application Supported by Blocked Amount ("ASBA") process providing details of their respective ASBA accounts, and UPI ID in case of RIBs using the UPI Mechanism, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. For details, see "Offer Procedure" on page 281 of this Prospectus.
The investors are advised to refer to the Prospectus for the full text of the Disclaimer clause pertaining to BSE. For the purpose of this Offer, the designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced on August 07, 2026 *
*Subject to the receipt of listing and trading approval from the BSE ("BSE SME").
| SUBSCRIPTION DETAILS |
The bidding for Anchor Investors opened and closed on Thursday, July 30, 2026. The Company received 6 Anchor Investors applications for 8,20,800 Equity Shares. The Anchor Investor Allocation price was finalized at Rs. 159/- per Equity Share. A total of 6,96,800 Equity Shares were allotted under the Anchor Investors portion aggregating to Rs. 11,07,91,200. The Offer (including reserved portion of market maker and excluding Anchor Investors Portion) received 1026 Applications for 25,65,600 Equity Shares (after considering invalid bids, Other than RC10 Transaction declined by Investors, RC10 Mandate not accepted by Investors and Withdrawal/ Cancelled Bids reported by SCSB and rejections) resulting 1.46 times subscription (including reserved portion of market maker and excluding anchor investor portion). The details of the Applications received in the Offer from various categories are as under (before rejections):
The details of the Applications Received (excluding Anchor Investor Portion):
| Category | Number of Applications | Number of Equity Shares Applied | Number of Equity Shares Reserved | No. of Times Subscription | Amount |
| Qualified Institutional Bidders | 3 | 4,64,800 | 4,64,800 | 1.00 | 7,39,03,200.00 |
| Non-Institutional Investors -Above Rs. 2 Lakhs and Rs. 10 Lakhs | 72 | 1,79,200 | 1,17,600 | 1.52 | 2,84,73,600.00 |
| Non-Institutional Investors -Above Rs. 10 Lakhs | 40 | 3,44,800 | 2,35,200 | 1.47 | 5,48,23,200.00 |
| Individual Investors | 928 | 14,84,800 | 8,17,600 | 1.82 | 23,60,11,200.00 |
| Market Maker | 1 | 1,23,200 | 1,23,200 | 1.00 | 1,95,88,800.00 |
| Total | 1044 | 25,96,800 | 17,58,400 | 1.48 | 41,28,00,000.00 |
Final Demand
A summary of the final demand as per BSE as on the Bid/Offer Closing Date at different Bid Prices is as under:
| Sr. No. | Bid Price | No of Equity Shares | % of Total | Cumulative Total | Cumulative % of Total |
| 1 | 151 | 36800 | 0.67 | 36800 | 0.67 |
| 2 | 152 | 4800 | 0.09 | 41600 | 0.76 |
| 3 | 154 | 1600 | 0.03 | 43200 | 0.79 |
| 4 | 155 | 8800 | 0.16 | 52000 | 0.95 |
| 5 | 156 | 4800 | 0.09 | 56800 | 1.04 |
| 6 | 157 | 3200 | 0.06 | 60000 | 1.10 |
| 7 | 158 | 8000 | 0.15 | 68000 | 1.24 |
| 8 | 159 | 5411200 | 98.76 | 5479200 | 100.00 |
| Total | 5479200 | 100 | |||
1) Allocation on Individual Investor (After Technical Rejections): The Basis of Allotment to the Individual Investors, who have bid at cut-off Price or at or above the Offer Price of Rs. 159 per equity share, was finalized in consultation with BSE. The category was subscribed by 1.78 times i.e., for 14,59,200 Equity Shares. Total number of shares allotted in this category is 8,17,600 Equity Shares to 511 successful applicants. The category wise details of the Basis of Allotment are as under:
| Sr. No. | No. of Shares applied for (Category Wise) | Number of applications received | % to Total | Total No. of Shares applied in each category | % to Total | Proportionate shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of Successful applicants (after rounding off) | % to Total | Total No. of Shares allocated/ allotted | % to Total | Surplus/ Deficit (13)-(7) | ||
| Before rounding off | After rounding off | ||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | |
| 1 | 1600 | 912 | 100.00 | 14,59,200 | 100.00 | 817,600 | 896 | 1,600 | 511 | 912 | 511 | 100.00 | 8,17,600 | 100.00 | 0.00 |
| TOTAL | 912 | 100 | 1459200 | 100 | 817600 | 511 | 100.00 | 817600 | 100.00 | 0.00 | |||||
2) Allocation on Non-Institutional Investor (After Technical Rejections) Below 10 Lakhs: The Basis of Allotment to Other than Individual Investors, who have bid at Offer price of Rs. 98 per equity share or above, was finalized in consultation with BSE. The category was subscribed by 1.48 times i.e., for 1,73,600 Shares. Total number of shares allotted in this category is 1,17,600 Equity Shares to 49 successful applicants. The category wise details of the Basis of Allotment are as under:
| Sr. No. | No. of Shares applied for (Category Wise) | Number of applications received | % to Total | Total No. of Shares applied in each category | % to Total | Proportionate shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of Successful applicants (after rounding off) | % to Total | Total No. of Shares allocated/ allotted | % to Total | Surplus/ Deficit (13)-(7) | ||
| Before rounding off | After rounding off | ||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | |
| 1 | 2400 | 63 | 90.00 | 1,51,200 | 87.10 | 1,05,840.00 | 1,680 | 2,400 | 44 | 63 | 44 | 89.80 | 1,05,600 | 89.80 | -240.00 |
| 2 | 3200 | 7 | 10.00 | 22,400 | 12.90 | 11,760.00 | 1,680 | 3,200 | 5 | 7 | 5 | 10.20 | 16,000 | 10.20 | 240.00 |
| TOTAL | 70 | 100 | 173600 | 100 | 117600 | 49 | 100 | 117600 | 100.00 | ||||||
3) Allocation on Non-Institutional Investor (After Technical Rejections) Above 10 Lakhs: The Basis of Allotment to Other than Retail Individual Investors, who have bid at Offer price of Rs. 98 per equity share or above, was finalized in consultation with BSE. The category was subscribed by 1.47 times i.e., for 3,44,800 Shares. Total number of shares allotted in this category is 2,35,200 Equity Shares to 40 successful applicants. The category wise details of the Basis of Allotment are as under:
| Sr. No. | No. of Shares applied for (Category Wise) | Number of applications received | % to Total | Total No. of Shares applied in each category | % to Total | Proportionate shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of Successful applicants (after rounding off) | % to Total | Total No. of Shares allocated/ allotted | % to Total | Surplus/ Deficit (13)-(7) | ||
| Before rounding off | After rounding off | ||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | |
| 1 | 6400 | 27 | 67.50 | 1,72,800 | 50.12 | 1,25,224 | 4,638 | 4,000 | 1 | 1 | 27 | 67.50 | 1,08,000 | 45.92 | -17224.44 |
| 800 | 21 | 27 | 0.00 | 16,800 | 7.14 | 16800.00 | |||||||||
| 2 | 7200 | 5 | 12.50 | 36,000 | 10.44 | 25,428 | 4,638 | 4,800 | 1 | 1 | 5 | 12.50 | 24,000 | 10.20 | -1427.65 |
| 800 | 2 | 5 | 1,600 | 0.68 | 1600.00 | ||||||||||
| 3 | 8000 | 2 | 5.00 | 8,000 | 2.32 | 5,533 | 5,533 | 5,600 | 1 | 1 | 2 | 2.50 | 5,600 | 2.38 | 66.68 |
| 4 | 9600 | 2 | 5.00 | 19,200 | 5.57 | 12,857 | 6,428 | 6,400 | 1 | 1 | 2 | 5.00 | 12,800 | 5.44 | -56.59 |
| 5 | 12800 | 2 | 5.00 | 25,600 | 7.42 | 16,437 | 8,219 | 8,000 | 1 | 2.50 | 16,000 | 6.80 | -437.30 | ||
| 12800 | 800 | 1 | 2 | 0.00 | 800 | 0.34 | 800.00 | ||||||||
| 6 | 19200 | 2 | 5.00 | 19,200 | 5.57 | 11,799 | 11,799 | 12,000 | 1 | 1 | 1 | 2.50 | 12,000 | 5.10 | 200.04 |
| 7 | 32000 | 2 | 5.00 | 64,000 | 18.56 | 37,922 | 18,961 | 18,400 | 1 | 2.50 | 36,800 | 15.65 | -1121.54 | ||
| 32000 | 800 | 1 | 2 | 0.00 | 800 | 0.34 | 800.00 | ||||||||
| TOTAL | 40 | 100 | 344800 | 100 | 235200 | 40 | 100 | 235200 | 100.00 | ||||||
4) Allocation on QIBs (After Technical Rejections): The Basis of Allotment to QIBs, who have bid at Offer price of Rs. 98 per equity share or above, was finalized in consultation with BSE. The category was subscribed by 1 time i.e., for 4,64,800 Shares. Total number of shares allotted in this category is 4,64,800 Equity Shares to 3 successful applicants. The category wise details of the Basis of Allotment are as under:
| Sr. No. | No. of Shares applied for (Category Wise) | Number of applications received | % to Total | Total No. of Shares applied in each category | % to Total | Proportionate shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of Successful applicants (after rounding off) | % to Total | Total No. of Shares allocated/ allotted | % to Total | Surplus/ Deficit (13)-(7) | ||
| Before rounding off | After rounding off | ||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | |
| 1 | 94400 | 1 | 33.33 | 94,400 | 20.31 | 94,400 | 94,400 | 94,400 | 1 | 1 | 1 | 33.33 | 94,400 | 20.31 | - |
| 2 | 150400 | 1 | 33.33 | 1,50,400 | 32.36 | 1,50,400 | 1,50,400 | 1,50,400 | 1 | 1 | 1 | 33.33 | 1,50,400 | 32.36 | - |
| 3 | 220000 | 1 | 33.34 | 2,20,000 | 47.33 | 2,20,000 | 2,20,000 | 2,20,000 | 1 | 1 | 1 | 33.34 | 2,20,000 | 47.33 | - |
| TOTAL | 3 | 100 | 464800 | 100 | 464800 | 3 | 100 | 464800 | 100.00 | ||||||
5) Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to Market Maker, who have bid at Offer price of Rs. 98 per equity share or above, was finalised in consultation with BSE. The category was subscribed by 1 time i.e., for 1,23,200 Shares. Total number of shares allotted in this category is 1,23,200 Equity Shares to 1 successful applicant. The category wise details of the Basis of Allotment are as under:
| Sr. No. | No. of Shares applied for (Category Wise) | Number of applications received | % to Total | Total No. of Shares applied in each category | % to Total | Proportionate shares available | Allocation per Applicant | Ratio of allottees to applicants | Number of Successful applicants (after rounding off) | % to Total | Total No. of Shares allocated/ allotted | % to Total | Surplus/ Deficit (13)-(7) | ||
| Before rounding off | After rounding off | ||||||||||||||
| (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) | (10) | (11) | (12) | (13) | (14) | (15) | |
| 1 | 123200 | 1 | 100.00 | 1,23,200 | 100.00 | 1,23,200 | 1,23,200 | 1,23,200 | 1 | 1 | 1 | 100.00 | 1,23,200 | 100.00 | 0.00 |
| TOTAL | 1 | 100 | 123200 | 100 | 123200 | 1 | 100 | 123200 | 100.00 | 0.00 | |||||
The IPO Committee of the company at its meeting held on August 05, 2026, has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange (BSE) and has authorised the corporate action for issue of Equity shares to various successful applicants. The CAN- cum-allotment advices and/or notices will forward to the Email Id's and address of the applicants as registered by the depositories/ as filed in the application form on or before August 05, 2026. Further the instructions to SCSB's for unblocking the amount will process on or prior to August 05, 2026. In case the same is not received within 10 days, investors may contact at the address given below. The Equity Shares allocated to the successful applicants are being credited to their beneficiary accounts subject to validation of the account details within the depositories concerned. The company is taking steps to get the Equity Shares admitted for trading on the BSE SME within Four working days from the date of closure of the offer.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated August 05, 2026 ("Prospectus") filled with the Registrar of Companies, Mumbai.
| INVESTORS PLEASE NOTE |
The details of the allotment made would also be hosted on the website of Registrar to the Offer, Maashitla Securities Private Limited at www.maashitla.com.
All future correspondence in this regard may kindly be addressed to the Registrar to the Offer quoting full name of the first/ Sole Bidder Serial number of the ASBA form, number of Equity Shares bid for, Bidder DP ID, Client ID, PAN, date of submission of the Bid cum Application Form, address of the Bidder, and name and address of the Designated Intermediary where the Bid cum Application Form was submitted by the Bidder and copy of the Acknowledgement Slip received from the Designated Intermediary and payment details at the address given below:
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| MAASHITLA SECURITIES PRIVATE LIMITED |
| 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, New Delhi-110034 |
| Telephone: 011-47581432; Email: investor.ipo@maashitla.com; Website: www.maashitla.com |
| Contact Person: Mr. Mukul Agrawal |
| SEBI Registration Number: INR000004370 |
| CIN: U67100DL2010PTC208725 |
| For FUSION KLASSROOM EDUTECH LIMITED | |
| (Formerly known as Fusion Klassroom Edutech Private Limited) | |
| Sd/- | |
| Mr. Dhruv Nikhil Javeri | |
| Date: August 06, 2026 | Managing Director |
| Place: Mumbai | DIN:07638355 |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF FUSION KLASSROOM EDUTECH LIMITED.
FUSION KLASSROOM EDUTECH LIMITED has filed a Prospectus dated August 05, 2026 with the ROC. The Prospectus shall be made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e., Narnolia Financial Services Limited at www.narnolia.com, the website of the BSE at www.bseindia.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, see "Risk Factors" on page 28 of the Prospectus.
The Equity Shares issued in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S of the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold (i) within the United States only to persons reasonably believed to be "Qualified Institutional Buyers" (as defined in Rule 144A of the Securities Act) under Section 4(a) of the Securities Act and (ii) outside the United States in offshore transaction in reliance on Regulation S under the Securities Act and the applicable laws of the jurisdiction where those offer and sales occur. The Equity Shares have not been and will not be registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Application may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.
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