Klassroom Receives In-Principle Approval For SME IPO, Targets Q2 FY27 Listing
India, June 8 -- Edtech startup Klassroom is planning to launch its initial public offering (IPO) on the BSE SME platform in the second quarter (July to September) of FY27, sources shared with Inc42. The startup, which filed its DRHP in February, received the in-principle approval from BSE to go ahead with its public offering in May, as per BSE data.
The proposed IPO comprises a fresh issue of up to 19.89 Lakh equity shares and an offer-for-sale (OFS) of up to 4.66 Lakh shares.
Klassroom plans to use Rs.5.35 Cr to bolster content development, specifically sharpen its educational video production, subtitles/audio review, and skill-based courses including AI & ML, Agentic AI, sales training and customer support programmes.
It also Rs.1.6...
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