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PhysicsWallah Limited

IPO GMP Today

₹0.00

Last updated: 2 Jan 2026 12:03 am

PhysicsWallah Limited IPO Subscription Details
LIVE
Last Updated: 2 Jan 2026 12:03 am
QIB2.86x
NII0.51x
Retail1.12x
bNII0.58x
sNII0.37x
Total1.91x

Overall Subscription Details: 1.91 times

Open

Nov 11, 2025

Close

Nov 13, 2025

BOA

TBA

Refunds

TBA

Listing

TBA

PhysicsWallah Limited Issue Details

Pricing & Lot

Price Band

₹103-109

Face Value

₹1 Per Equity Share

Lot Size

TBA

Managers & Listing

Listing At

BSE, NSE

Lead Managers

Kotak Mahindra Capital J.P. Morgan Goldman Sachs Axis Capital

Registrar

MUFG Intime India Pvt Ltd

Issue Size

31,92,66,054 shares(aggregating up to ₹3480 crore)

PhysicsWallah Limited IPO Reservation
PhysicsWallah Limited IPO offers total 319266055 shares. Out of which 95538505 (29.92%) allocated to QIB, 47783848 (14.97%) allocated to NII,31855898 (9.98%) allocated to RII, 707071 (0.22%) allocated to employees and 143380733 (44.91%) allocated to Anchor investors.
Investor CategoryShares OfferedPercentage
Anchor Investor Shares Offered143380733 (44.91%)44.91%
QIB Shares Offered95538505 (29.92%)29.92%
NII (HNI) Shares Offered47783848 (14.97%)14.97%
bNII > ₹10L31855898 (10%)10.00%
sNII < ₹10L15927949 (5%)5.00%
Retail Shares Offered31855898 (9.98%)9.98%
Employee Shares Offered707071 (0.22%)0.22%
Total Shares Offered319266055 (100%)100.00%
GMP & Listing Expectation

GMP (per share)

0.00

Est. Listing Price

109.00

Total Listing Gain (per lot)

0.00

Grey Market Premium (GMP) is an unofficial market indicator. It reflects the premium investors are willing to pay over the issue price before listing. This is not a guaranteed return and can change rapidly.

Valuations
EPS (Pre IPO)₹-0.93/-
EPS (Post IPO)₹-1.76/-
Price to Book Value14.10
Market Cap31526.73 Cr.
PhysicsWallah Limited IPO – FAQs

The PhysicsWallah Limited is a 31,92,66,054 shares(aggregating up to ₹3480 crore) initial public offering. PhysicsWallah Limited is an Indian education technology start-up founded by Alakh Pandey in 2016 in the form of a YouTub... You can learn more about what an IPO is in our beginner-friendly guide.

About PhysicsWallah Limited

PhysicsWallah Limited is an Indian education technology start-up founded by Alakh Pandey in 2016 in the form of a YouTube channel dedicated to physics education. The firm was officially incorporated as PhysicsWallah Private Limited on June 6, 2020. It offers both online and offline education solutions to students in class 6 to class 12 and students preparing for competitive exams like JEE, NEET, and UPSC. Major Offerings: Online Courses– Video lectures, live interactive sessions, and doubt-clearing sessions for JEE, NEET, UPSC, and board exams. Offline Learning– More than 100 offline coaching centers spread throughout India, in addition to hybrid learning models. Study Material– Books, notes, and test series for assisting exam preparation. Mobile App & Website– Digital platforms providing affordable and accessible education. Key Numbers: 4.13 million Unique Transacting users (Online) and 0.33 million students enrolled for offline centers. Average collection per user: 3,930.55 as of June 30, 2025 Multiple courses across 13 education categories 303 total offline centers as of June 30, 2025 6,267 Faculty members as of June 30, 2025 18,028 employees as of June 30, 2025 4382 books published

PhysicsWallah Limited Financials
(₹ in crore)
Company Details

Name

PhysicsWallah Limited

Registrar Contact Details

GainIPO data last updated: 01 Jan 2026, 06:33 PM IST

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.

Disclaimer: All information on GAINIPO is for educational purposes only and is not investment advice. Please consult a SEBI-registered financial advisor before making any decisions. We are not liable for any financial losses.