PhysicsWallah IPO Day 2: Second Day Of Bidding
On the second day of bidding, which is Wednesday, November 12, 2025, PhysicsWallah IPO is in the limelight again. Hitherto, investor enthusiasm has been slightly- tepid, but it does not imply that it is time to sleep!
Incorporating both new capital and an offer-to-sell feature, this edtech giant is going big. Is it the retail investors leaping in or standing back?
Institutional eyes are straining after the number of subscriptions, attempting to read the mood. As it still has a few days to subscribe before its allotment and listing in BSE and NSE, it is the best moment to watch, wait, or perhaps even jump.
PhysicsWallah IPO: Key Subscription Details At A Glance
| Subscription Timeline | Opened: Tuesday, November 11, 2025 Closes: Thursday, November 13, 2025 IPO Allotment Date: Likely November 14, 2025 IPO Listing Date: November 18, 2025 Listed on: BSE and NSE |
| Issue Size and Composition | Total Amount: ₹3,480 crore Fresh Issue: 28.44 crore equity shares worth ₹3,100 crore Offer-for-Sale (OFS): 3.49 crore equity shares aggregating ₹380 crore Price Band: ₹103 to ₹109 per share |
| Lot Size and Investment | Retail Investors: 137 shares per lot Minimum Investment: ₹14,933 at upper price band |
| Management Team | Book Running Lead Manager: Kotak Mahindra Capital Co. Ltd. Registrar: MUFG Intime India Pvt. Ltd. |
PhysicsWallah IPO Subscription Status (Day 2)
- IPO subscribed 10% so far (as of 11:55 AM, Wednesday, Day 2)
- Retail Individual Investors (RIIs) portion booked: 47%
- Non-Institutional Investors (NIIs) portion booked: 4%
- Qualified Institutional Buyers (QIBs) yet to bid
- Investors can follow live updates for Day 2 subscription progress
PhysicsWallah IPO GMP Today
| Grey Market Premium (GMP) | ₹3 per share |
| Grey Market Trading Price | ₹112 per share |
| IPO Issue Price | ₹109 per share |
| Premium Over IPO Price | 2.75% |
(With Inputs)
Also Read: Pine Labs IPO Allotment: Here’s How To Check Your Status Online Step By Step