PhysicsWallah IPO subscription opens on Nov 11; check price band, allotment date, listing date and more

PhysicsWallah IPO subscription: PhysicsWallah IPO comprises a fresh issue of equity shares worth Rs 3,100 crore and an offer for sale (OFS) of shares aggregating up to Rs 380 crore by promoters.

PhysicsWallah Limited's shares are proposed to be listed on NSE, and BSEPhysicsWallah Limited's shares are proposed to be listed on NSE, and BSE.

PhysicsWallah IPO, PhysicsWallah IPO subscription: The three-day subscription for the initial public offering (IPO) of PhysicsWallah Limited will open on Tuesday, November 11. The PhysicsWallah IPO subscription will close on Thursday, November 13.

PhysicsWallah IPO news

The company offers test preparation courses for competitive exams focusing on JEE, NEET, GATE and UPSC along with upskilling programs, delivered through online platforms (YouTube, website, and apps), tech-enabled offline centers, and hybrid centers that combine online teaching with in-person support.

PhysicsWallah IPO Price Band

PhysicsWallah IPO has fixed the price band at Rs 103 to Rs 109 per equity share.

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PhysicsWallah IPO Registrar

MUFG Intime India Private Limited is the registrar for PhysicsWallah IPO.

PhysicsWallah IPO Face Value, Tick Size

The face value and tick size of PhysicsWallah IPO is Re 1 each.

PhysicsWallah IPO Allotment Date

The PhysicsWallah IPO will be finalised on November 14.

PhysicsWallah IPO Listing Date

PhysicsWallah Limited’s shares are proposed to be listed on NSE, and BSE. The listing will likely take place on November 18.

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PhysicsWallah IPO Book Running Lead Managers

Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Goldman Sachs (India) Securities Private Limited and Axis Capital Limited are the book running lead managers for PhysicsWallah IPO.

PhysicsWallah IPO Sponsor Banks

Kotak Mahindra Bank Limited, HDFC Bank Limited and Axis Bank Limited are the Sponsor Banks for the PhysicsWallah IPO.

About PhysicsWallah IPO

According to PTI, the PhysicsWallah IPO comprises a fresh issue of equity shares worth Rs 3,100 crore and an offer for sale (OFS) of shares aggregating up to Rs 380 crore by promoters. The company, which is backed by WestBridge Capital, Hornbill, and GSV Ventures, narrowed its losses to Rs 243 crore in the year ended March 2025 from Rs 1,131 crore in the preceding year. However, revenue rose to Rs 2,887 crore, from Rs 1,941 crore in the same period.

According to the company, 75 per cent of the issue size has been reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors, the report said.

(With inputs from PTI)

Anish Mondal is a business journalist with over nine years of experience. He writes on diverse subjects such as Infrastructure, Railways, Roadways, Aviation, Politics, Market, Parliamentary affairs, Corporate earnings, General and International news etc. ... Read More

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