Physics Wallah IPO
Physics Wallah IPO will open on 11 Nov '25 and close on 13 Nov '25, with the IPO allotment date scheduled for 14 Nov '25. The shares are scheduled to list on NSE with a tentative listing date fixed for 18 Nov '25. The price band is set at ₹103 to ₹109 per share with a minimum lot size of 137 shares.
Free Demat with Zero AMC*
Physics Wallah IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | 13,96,53,107.25 crores |
| Non-Institutional Investors (NIIs) | 15% | 2,79,30,621.45 crores |
| Retail Individual Investors (RIIs) | 10% | 1,86,20,414.3 crores |
About Physics Wallah Ltd IPO
Physicswallah is an edtech company offering test preparation courses for various competitive examinations like JEE, NEET, UPSC, etc. and upskilling courses like Data science and analytics, banking and finance, software development, etc. It offers online services via social media channels, website and apps and also offers techenabled offline centers and hybrid centers. It is among the top 5 edtech companies in terms of revenues in India and has 13.7 million subscribers on YouTube as of July 15, 2025.
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
Competitive strengths
- 4.46 million Total Number of Paid Users in Fiscal 2025, grew at a CAGR of 59.19% from fiscal 2023 to 2025
- Presence across a large number of education categories in India with courses offered through multiple channel
- Proprietary technology-stack enhances students’ learning experience
- Specialized faculty members across categories, quality content and well-planned curriculum
- Experienced management team led by our visionary founders
Physics Wallah IPO Strengths & Weaknesses
No Data Found
Physics Wallah IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 18,62,04,143 shares (aggregating up to ₹14,933 crores) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | NaN shares of ₹0 (aggregating up to To be announced) |
| Issue Type | |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
Physics Wallah IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Physics Wallah ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Physics Wallah IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Physics Wallah Lead Manager(s)
| Book Running Lead Manager(s) |
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