Edtech unicorn PhysicsWallah IPO has been fully subscribed on the final day of public bidding. With an issue size of Rs 3,480 crore, the initial public offering (IPO) commenced on November 11, inviting applications from interested subscribers.
PhysicsWallah Ltd IPO
— Paryan Sharma (@Paryan_Sharma) November 13, 2025
Only Long Term Investors with a view of 1-2 years holding can evaluate ✅
- A Strong Brand among students, PW is focused on making education available on mass level at affordable prices
- The company offers test preparation courses for competitive exams… pic.twitter.com/HgPISlsLT3
As per the official website of the National Stock Exchange (NSE), PhysicsWallah IPO has been subscribed a total of 1.23 times, with the major subscription coming from Qualified Institutional Buyers at 1.79 times. Non Institutional Investors subscribed 0.30 times and Retail Individual Investors subscribed 0.91 times (information available at 2.42 pm).
Investment details:
For a minimum investment of Rs 14,111 per lot, a total of 17 shares will be allotted to selective individuals. Investors who are not allotted shares will receive their amount within a week.
Important Dates:
The allotment of shares is expected to be completed on November 14 and the listing of shares will take place on November 18, respectively. The price range has been set at Rs 103-109. Investors who are applying in the regular category can subscribe up to Rs 2,00,000.
Latest GMP details:
Various media houses reported the grey market premium (GMP) of PhysicsWallah IPO to be Rs 3 per share, which indicates around 2 per cent above the premium over the upper price band of Rs 109. However, GMP is an unofficial indicator and can fluctuate.
About PhysicsWallah:
PhysicsWallah is an education platform that provides test preparation and upskilling courses. Prayagraj-born Alakh Pandey had started the YouTube channel targeting those who wanted to take the IIT and medical entrance exams, but couldn’t afford expensive coaching. The edtech company also has close to 200 YouTube channels and over 200 physical centres across the country now.
The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders.
