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PhysicsWallah IPO aims to raise substantial funds through its upcoming public offering, with a price band established between Rs 103 and Rs 109 per equity share. The subscription period is scheduled from November 11 to November 13, with the allocation to anchor investors set for November 10. The IPO includes a fresh issuance of equity shares valued at Rs 3,100 crore, alongside a sale of shares amounting to Rs 380 crore by promoters Alakh Pandey and Prateek Boob. Each promoter will sell shares worth Rs 190 crore. The lot size for the PhysicsWallah IPO is 137 shares, and the allocation structure includes 75 per cent reserved for qualified institutional buyers (QIB), 15 per cent for non-institutional investors (NII), and 10 per cent for retail investors. Use Of Funs From the funds raised, PhysicsWallah intends to allocate Rs 460.5 crore for developing new offline and hybrid centres, with an additional Rs 548.3 crore earmarked for lease payments for existing centres. The company will also invest Rs 47.2 crore in its subsidiary, Xylem Learning, with plans for further expansion in various areas, including server and cloud infrastructure and marketing initiatives. PhysicsWallah IPO GMP The latest Grey Market Premium (GMP) for PhysicsWallah IPO is Rs 9, as of November 6, 2025, 10:32 am, according to the grey market tracking website, Investorgain. Based on the IPO price band of Rs 109.00, the estimated listing price is Rs 118 (cap price + current GMP). This suggests an expected gain of approximately 8.26 per cent per share. PhysicsWallah Overview PhysicsWallah, an education technology firm, offers preparation courses for competitive exams such as JEE, NEET, GATE, and UPSC. The company has experienced notable growth, reporting a revenue increase to Rs 2,887 crore and a significant reduction in losses to Rs 243 crore in the year ending March 2025. As of July 2025, its primary YouTube channel had approximately 13.7 million subscribers, reflecting its strong online presence. The expected listing of shares on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) is set for November 18. The involvement of leading financial institutions, including Kotak Mahindra Capital Company, J.P. Morgan India, and Goldman Sachs (India) Securities, underscores the IPO's significance in the market. Key Dates For The PhysicsWallah IPO Subscription Period: November 11 to November 13Allocation to Anchor Investors: November 10Basis of Allotment Finalisation: November 14Refund Initiation: November 17Shares Credited to Demat Accounts: November 17Expected Listing: November 18 Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.
