Klassroom IPO: Issue Subscribed 91% On Day 2 So Far

Edtech startup Klassroom's BSE SME IPO saw strong investor demand on the second day of bidding, with 91% subscription as of 14:20 IST on Monday. Retail investors have been particularly bullish, oversubscribing their quota by 1.2X, while qualified institutional buyers and non-institutional investors also subscribed their quotas at 68% and 63% respectively.

The IPO, priced between ₹151-159, aims to raise ₹39 Cr, with the company planning to use the net proceeds for tech upgrades, content development, marketing, and debt repayment. Klassroom posted a net profit of ₹7.6 Cr in FY26, a 162% increase from ₹2.9 Cr in FY25, and operating revenue of ₹23 Cr, up 128% from ₹10 Cr in the prior year.

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