PhysicsWallah IPO Day 3: The classroom’s gone public, literally!
Edtech unicorn PhysicsWallah’s IPO opened on November 11 and closes November 13, with investors eagerly doing the math. The GMP stands at ₹1.25, hinting at mild excitement. So far, the subscription numbers are decent but not dazzling, the retail segment has clocked over 50% bookings, while the employee quota is already packed. The IPO’s price band of ₹103 – ₹109 leaves some hoping for last-minute fireworks on the final day.
Will investors give PhysicsWallah a full mark or mark it “needs improvement”? We’ll find out soon!
PhysicsWallah IPO Day 3: Key Details
| Details | Information |
|---|---|
| IPO Price Band | ₹103 – ₹109 |
| Fresh Equity Issue | ₹3,100 crore |
| Offer for Sale (OFS) | ₹380 crore |
| Promoters Participating in OFS | Alakh Pandey and Prateek Boob |
| Value of Shares Sold by Each Promoter | ₹190 crore each |
| Current Promoter Shareholding | 40.31% each |
PhysicsWallah IPO Day 3: Key IPO Dates and Listing Timeline
| Event | Date |
|---|---|
| Allotment Finalisation | Friday, November 14 |
| Refund Initiation | Monday, November 17 |
| Credit to Demat Accounts | Monday, November 17 |
| Listing on BSE & NSE | Tuesday, November 18 |
PhysicsWallah IPO Day 3 Investment Rationale: Why Investors Are Watching
PhysicsWallah isn’t just another edtech company, it’s a homegrown success story that’s rewriting how India learns. From humble beginnings on YouTube to a nationwide brand, the platform’s rise has been nothing short of remarkable.
What is the secret? A strong sense of community and a deep understanding of what students actually need.
The company’s paid user base has grown rapidly, backed by relatable teachers, high-quality content, and courses that deliver real results. Beyond online learning, PhysicsWallah is spreading its wings into offline centres and new education categories. Its in-house tech makes learning more personal and scalable, while strategic acquisitions are helping it reach even further. For investors, it’s not just about numbers, it’s about a brand that’s managed to make learning simple, affordable, and trusted.
PhysicsWallah IPO Day 3: Subscription Status
| Category | Details / Status |
|---|---|
| Overall Subscription (as of Day 2) | 12% subscribed |
| Retail Segment | 57% booked |
| Non-Institutional Investors (NII) | 5% booked |
| Qualified Institutional Buyers (QIB) | Yet to receive bids |
| Employee Portion | 1.75x subscribed |
PhysicsWallah IPO Day 3: Reservation Breakdown
| Category | Reservation Details |
|---|---|
| Qualified Institutional Buyers (QIBs) | Not less than 75% of the total issue |
| Non-Institutional Investors (NIIs) | Not more than 15% |
| Retail Investors | Not more than 10% |
| Employees | Up to ₹70 million worth of shares reserved |
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
