
The basis of allotment for the ₹3,480 crore PhysicsWallah IPO will be announced today, 14 November 2025. The bidding window was open from November 11, 2025, to November 13, 2025, during which the IPO received a total subscription of 1.81x
The PhysicsWallah IPO is a book-building issue of ₹3,480 crores, consisting of a fresh issue of ₹3,100 crores and an offer for sale of ₹380 crores by promoters Alakh Pandey and Prateek Boob. The price band is set between ₹103 and ₹109 per share.
The booking-running lead managers for the IPO are Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Goldman Sachs (India) Securities Private Limited, and Axis Capital Limited, while KFin Technologies Limited is the registrar for the issue.
The net proceeds from the fresh issue will be used towards the following objectives:
[13-November-2025 19:00:00 hrs]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
2.70 |
|
Non-Institutional Investors |
0.48 |
|
Retail Individual Investors (RIIs) |
1.06 |
|
Employees |
3.49 |
|
Total |
1.81 |
PhysicsWallah is a leading education technology company in India, providing comprehensive test preparation and upskilling courses through a blend of online, offline, and hybrid learning models.
Their delivery channels include (i) digital platforms, which comprise websites, mobile applications, and extensive social media presence; (ii) tech-enabled offline centers, where students attend live in-person lectures; and (iii) hybrid centers, which follow a two-teacher format combining live online instruction with in-person academic support and doubt-solving sessions.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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