Klassroom Eyes Going Public In Q2 FY27; Secures In-Principle Approval For SME IPO
Klassroom plans a BSE SME IPO in Q2 FY27 after getting in-principle approval in May. The edtech startup also reported stronger revenue and profit in FY25 and H1 FY26.
Intelligence analysis by GPT-5.4 Mini
Klassroom is moving toward a public listing on the BSE SME platform, with sources saying it targets Q2 FY27 and has already cleared an in-principle approval step. The company is using the filing to highlight growth in revenue, profits, and its hybrid learning model.
Klassroom is like a school helper app mixed with real coaching centres, and it wants to sell shares to the public in 2026. It is using the money plan to improve lessons, videos, and the tech that keeps the app running.
Analysis
What Klassroom is planning
Klassroom, an edtech startup founded in 2016 by Alka Javeri and her sons Dhruv and Dhumil Javeri, is preparing to list on the BSE SME platform in the second quarter of FY27, which covers July to September 2026. The company filed its draft red herring prospectus in February and received in-principle approval from BSE in May, according to the article and BSE data.
Offer structure and use of funds
The proposed issue includes a fresh sale of up to 19.89 lakh equity shares and an offer for sale of up to 4.66 lakh shares. Klassroom says it plans to use part of the proceeds for content development, with a focus on educational video production, subtitles and audio review, and skill-based courses such as AI and ML, agentic AI, sales training, and customer support. It also plans to spend on cloud hosting, APIs, backend infrastructure, AI engineers, app maintenance, and integrations with universities and government systems.
Business model and performance
Klassroom runs a hybrid model that combines offline coaching centres with an education OTT app. The company says it has more than 4 lakh registered users, over 1 lakh subscribers, and 30 partner centres across the country. Revenue comes from consumer subscriptions, partner centres, enterprise deals, and government projects.
The filing also points to improved financials. Klassroom reported operating revenue of ₹12.4 crore and net profit of ₹4 crore in the first half of FY26. In FY25, operating revenue rose 120% year on year to ₹10.1 crore, while profit increased nearly eightfold to ₹2.9 crore.
Funding backdrop
The startup says it has raised more than $2 million from investors including LetsVenture, ah! Ventures, Growth Sense, CPT Family Trust, and actor Suniel Shetty. If it goes ahead as planned, Klassroom would join a growing group of venture-backed startups heading to public markets as IPO activity picks up again in India.
Key points
- Klassroom plans to launch its IPO on the BSE SME platform in Q2 FY27.
- The company received in-principle approval from BSE in May after filing its DRHP in February.
- The proposed issue includes a fresh issue of 19.89 lakh shares and an OFS of 4.66 lakh shares.
- Klassroom says it will use funds for content creation, AI-related courses, and tech infrastructure.
- The startup reported improved revenue and profit in FY25 and H1 FY26.
If Klassroom executes well, the IPO could give it fresh capital to expand content, technology, and partnerships with universities and government systems. Its recent jump in revenue and profit gives the listing story some support.
The plan still depends on the IPO process, market appetite, and the company sustaining its recent financial improvement. As an SME platform listing, Klassroom may also face tighter investor scrutiny if growth or execution weakens.
