Physicswallah offers test preparation and upskilling courses designed to help students and professionals achieve their academic and career goals. Its delivery model spans online, offline, and hybrid formats—via its website, mobile applications, and tech-enabled learning centers. The hybrid model follows a two-teacher approach, combining live online classes with in-person academic support at physical centers. Through this multi-channel learning ecosystem, the company provides accessible, interactive, and effective learning experiences across a wide range of competitive exams and skill development programs.
Price Band₹103 - ₹109 |
Dates11 Nov - 13 Nov |
GMP₹14 (12.84%) |
Subscriptions1.81 times |
Issue Size₹3,480.00 Crs |
Physicswallah IPO Objects
- Capital expenditure for fit-outs of new offline and hybrid centers of our Company
- Expenditure towards lease payments of existing identified offline and hybrid centers operated by our Company
- Expenditure towards server and cloud related infrastructure costs
Physicswallah IPO Details
Price Band₹103 - ₹109 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹3,100.00 Cr (28.44 Cr Shares) |
Offer For Sale₹380.00 Cr (3.49 Cr Shares) |
Total Issue₹3,480.00 Cr (31.93 Cr Shares) |
Face Value₹1 per equity share |
Physicswallah IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
137
14,933
Maximum
13
1,781
1,94,129
|
|||
| Small HNI |
Minimum
14
1,918
2,09,062
Maximum
66
9,042
9,85,578
|
|||
| Big HNI |
Minimum
67
9,179
10,00,511
|
|||
Physicswallah IPO Subscription
Updated as on 13-Nov-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 2.70 | 10,11,55,340 | 27,35,75,848 |
| NII | 0.48 | 5,05,77,669 | 2,44,24,223 |
| bNII (bids above ₹10L) | 0.55 | 3,37,18,446 | 1,85,67,610 |
| sNII (bids between ₹2L to ₹10L) | 0.35 | 1,68,59,223 | 58,56,613 |
| Retail | 1.06 | 3,37,18,446 | 3,56,00,272 |
| Employee | 3.49 | 7,52,688 | 26,26,701 |
| Total | 1.81 | 18,62,04,143 | 33,62,27,044 |
Physicswallah IPO GMP
The estimated Grey Market Premium of Physicswallah IPO is ₹14 per share (12.84%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 10% of Net Offer |
| Employee | Rs. 7 Cr |
Physicswallah IPO Financials
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 847.09 | 2,886.64 | 1,940.71 | 744.32 |
| Profit after Tax | -127.01 | -243.26 | -1,131.13 | -84.08 |
| Net Worth | 1,867.92 | 1,945.37 | -861.79 | 62.29 |
| Total Borrowing | 1.55 | 0.33 | 1,687.40 | 956.15 |
| Total Assets | 5,075.67 | 4,156.38 | 2,480.74 | 2,082.18 |
| NAV per share (in ₹) | 7.19 | 7.73 | -3.97 | 0.29 |
| EPS - Basic (in ₹) | -0.46 | -0.86 | -4.79 | -0.38 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 6.69% |
| PAT | -8.43% |
| PE Ratio | NA |
| PB Ratio | 14.10 |
| Mkt Cap (in Crs.) | 31,169.94 |
All the data pertains to FY 2024-25.PE, PB, and market capitalization are calculated based on the Upper Price Band.
Physicswallah IPO Peer Comparision
Company has no listed peers.
Physicswallah IPO Peer Comparision
Company has no listed peers.
Promoter Details
| Name | Shareholding |
|---|---|
| Alakh Pandey | 40.35% |
| Prateek Boob | 40.35% |
| Total | 80.70% |
Management Details
| Name | Designation |
|---|---|
| Alakh Pandey | CEO |
| Amit Sachdeva | CFO |
| Gopal Sharma | COO |
Company Details
Name: Physicswallah Limited
Address: Plot No. B-8, Tower A, 101-119, Noida One, Sector – 62, Gautam Buddha Nagar, Dadri, Noida 201 309, Uttar Pradesh, India
Number: +91 9289926531
Email: investorsrelation@pw.live
Website: www.pw.live
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Physicswallah IPO is a Mainboard IPO having an issue size of Rs. ₹3,480.00 Crs. Physicswallah IPO is priced at ₹103 - ₹109 per share. The issue opens on 11 Nov 25 and closes on 13 Nov 25.
Physicswallah IPO opens on 11 Nov 25 and closes on 13 Nov 25.
The estimated Grey Market Premium of Physicswallah IPO is ₹14 per share (12.84%).
The minimum lot size of Physicswallah IPO is 137 shares & the minimum application amount is Rs. 14933.
The allotment date of Physicswallah IPO is 14 Nov 25.
The listing date of Physicswallah IPO is 18 Nov 25.
Physicswallah IPO is subscribed 1.81 times.
Physicswallah IPO is priced at ₹103 - ₹109 per share.
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