Fusion Klassroom Edutech IPO Day 2 Live: Fully subscribed; Retail leads

Fusion Klassroom Edutech’s IPO has gained momentum on Day 2 of the subscription window, crossing the fully subscribed mark with an overall subscription multiple of 1.05x. Retail investors have emerged as the primary drivers of demand, subscribing at 1.32x, while Qualified Institutional Buyers (QIBs) continue to show cautious interest at 0.68x.

Subscription Status

The following table details the cumulative subscription multiples across different investor categories as of the end of Day 2:

Category	Subscription Multiple
QIB	0.68 x
NII (bHNI)	1.25 x
NII (sHNI)	0.2 x
Employees	0 x
Retail	1.32 x
Total Subscribed	1.05 x

About the Company

Fusion Klassroom Edutech operates in the education technology sector. The company has filed for an IPO to raise capital through a fresh issue and/or offer for sale. Key financial metrics and detailed business operations are outlined in the Red Herring Prospectus (RHP). Investors are advised to review the risk factors and financial highlights before applying.

Key Dates

Subscription Window: Open (Day 2)
Price Band: ₹151.00000 - ₹159.00000
Issue Size: ₹241600 crore (Min) - ₹500000 crore (Max)
Minimum Bid Quantity: 1600 shares

Investors can apply through their ASBA-enabled bank accounts or trading platforms. The subscription will continue until the issue closes, after which allotments will be processed based on the final subscription status.