The PhysicsWallah IPO has entered its second day of subscription today, 12 November 2025. The IPO, which began on 11 November, is getting attention from investors across all categories. On the first day, it was subscribed to 0.08 times overall, showing a slow but steady start. The bidding will close on 13 November 2025.
PhysicsWallah IPO: Important Details
The PhysicsWallah IPO is a major public issue worth ₹3,480 crores. It includes a fresh issue of ₹3,100 crores and an offer for sale (OFS) of ₹380 crores by founders Alakh Pandey and Prateek Boob. The price band for this IPO is set between ₹103 and ₹109 per share.
Investors can expect the PhysicsWallah IPO allotment to be finalized by 14 November 2025, while the listing date on NSE and BSE is likely to be 18 November 2025.
The IPO is managed by top firms such as Kotak Mahindra Capital, J.P. Morgan India, Goldman Sachs India, and Axis Capital, with KFin Technologies acting as the registrar.
PhysicsWallah IPO Day 2 Subscription Update
By mid-day on 12 November 2025, the PhysicsWallah IPO subscription status showed mixed interest among investor categories. Retail investors continued to lead with increasing bids, while institutional investors remained cautious.
- Retail Individual Investors (RIIs): 0.48 times subscription, showing growing retail participation.
- Employee quota: 1.49 times subscription, the highest so far.
- Non-Institutional Investors (NIIs): 0.04 times subscription.
- Qualified Institutional Buyers (QIBs): yet to make their move.
The total overall subscription reached 0.10 times by noon. On Day 1 (11 November 2025), the total subscription stood at 0.08 times, led mainly by employee participation.
How PhysicsWallah Plans to Use the IPO Money
The funds raised from the fresh issue will support several key projects to drive growth and expansion. The money will be used to:
- Build and upgrade offline and hybrid learning centers across India.
- Cover lease payments for existing centers.
- Improve server and cloud infrastructure for digital operations.
- Enhance marketing activities to reach more students.
- Invest in subsidiaries like Xylem Learning and Utkarsh Classes for offline expansion.
- Support future acquisitions and general corporate purposes.
Note: The company will not receive any funds from the Offer for Sale (OFS), as that portion goes directly to the selling shareholders.
About PhysicsWallah: The EdTech Giant
PhysicsWallah, founded by Alakh Pandey, is one of India’s leading education technology companies. It provides students with resources to prepare for exams and enhance their learning through a combination of online, offline, and hybrid models.
The company’s ecosystem includes:
- A robust digital presence through its app, website, and social media platforms.
- Offline centers offering live classroom teaching.
- Hybrid learning models combining online classes with in-person support.
PhysicsWallah has become a trusted name among millions of students across India, delivering affordable and quality education.
Final Thoughts
The PhysicsWallah IPO is gradually gaining traction from investors. While subscription numbers are still building, market interest continues to rise as the issue nears its closing date on 13 November 2025.
All eyes are now on how this education tech IPO performs in the coming days.
Disclaimer: This article is for educational purposes only. Please do your own research or consult a financial advisor before investing in the PhysicsWallah IPO.
Post a Comment