PhysicsWallah IPO Details

The company plans to list its equity shares on both NSE and BSE through a book-building process

The IPO aims to fund expansion of offline & hybrid centers, lease payments, marketing, cloud infrastructure, and strategic acquisitions.

PhysicsWallah is among India’s top 5 edtech companies by revenue, with 13.7M YouTube subscribers and 4.46M paid users in FY25.

... Read more

PhysicsWallah IPO Strengths

  • Strong brand presence with 13.7M+ YouTube subscribers and a loyal student community.
  • Rapid revenue growth — 51% YoY growth in FY25.
  • Diverse offerings across JEE, NEET, UPSC, upskilling, and hybrid learning formats.
  • Proprietary tech-stack that enhances scalability and learning experience.

PhysicsWallah IPO Weaknesses

  • Heavy dependence on marketing spend (Rs. 710 Cr allocated from IPO proceeds).
  • High employee cost due to large faculty & staff base, pressuring margins.
  • Increasing competition from Byju’s, Unacademy, Vedantu, and traditional institutes.
  • Negative RoNW (-12.50%) and weak financial stability despite strong revenue growth.

PhysicsWallah Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Billions

0.007

0.020

0.030

10

8

6

4

2

0

2023
2024
2025

PhysicsWallah IPO Dates

Open DateTo be announced
Close DateTo be announced
Allotment Date To be announced
Initiation of RefundsTo be announced
Credit of Shares to Demat AccountTo be announced
To be announced

PhysicsWallah IPO Lot Size

Minimum Lot SizeTo be announced
Mamximum Lot Size To be announced

Seize the Opportunity! Apply for PhysicsWallah IPO

No AMC Charges
Free Demat Account Opening
Low DP Charges
Zero AMC Charges for First Year
Free Expert Research
Low DP Charges (Rs. 10 only)
Free IPO Report & Research

PhysicsWallah IPO Subscription Breakup

QIBsTo be announced
Non Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for PhysicsWallah IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the PhysicsWallah IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the PhysicsWallah Limited IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

PhysicsWallah IPO FAQs

Typically, IPO subscriptions close at 5:00 PM IST on the final day, but for UPI-based retail investors, the cut-off time is generally 4:00 PM IST to ensure payment authorization is completed on time. Investors are advised to check the latest schedule and deadlines with their brokers or official sources before applying.

It is possible to check the PhysicsWallah Limited IPO allotment status on the portal of your broker or registrar. Information regarding the allotment status is also conveyed via email and SMS from issuing and holding authorities, like the BSE, NSE, CDSL, and NSDL.

Yet to be Announced

Yet to be Announced

Yes, it is possible to revise or cancel an IPO application if you do it within the IPO subscription closing date.

The time of applying for any IPO is usually between Monday and Friday each week, which are the normal business days for the market. Still, it is recommended to contact your registrar for any further information.
PhysicsWallah IPO - Listing Date, Price, Lot Size, Analysis & Details