[Update] Klassroom IPO: Issue Subscribed 73% On Day 1

by · Inc42

SUMMARY

  • Edtech startup Klassroom’s IPO received bids for 7.01 Lakh shares against 17.58 Lakh shares on offer, translating to a 40% subscription, as of 12:51 IST
  • Following the bidding, Klassroom will tentatively make its public markets debut on the BSE SME platform on August 7
  • Individual investors have been the most bullish on the company’s public float till now, subscribing their quota by 55%, placing bids for 4.46 Lakh shares against 8.17 Lakh shares earmarked for them