PhysicsWallah IPO Listing LIVE Updates: The highly anticipated IPO of edtech major PhysicsWallah (PW) will debut on the stock exchanges today, November 18. After a muted retail response, last-day buying by QIBs helped the issue sail through with a 1.92x subscription, and the GMP has now climbed 11%, hinting at the possibility of a stable-to-positive listing.
The ₹3,480.71-crore public issue included ₹3,100 crore worth of fresh shares and an OFS of ₹380 crore. The allotment was finalized on November 14, with shares offered in the ₹103–₹109 price band. Employees received a special allotment with a ₹10 discount. Kotak Mahindra Capital managed the book, while MUFG Intime India acted as registrar.
Founded in 2014 by Alakh Pandey as a free YouTube teaching channel, PhysicsWallah has evolved into a full-fledged edtech platform offering JEE/NEET prep, UPSC tutoring, and upskilling programs across data science, banking, and software development. The company has also expanded aggressively into offline and hybrid centers, tapping demand for physical coaching.
With early institutional investors choosing not to sell in this IPO and the company’s growing offline presence, investors are watching closely to see whether PW can deliver a listing-day upside or remain range-bound.
Key IPO Details
Issue Price: ₹109
Subscription: 1.92x
GMP: 11%
Allotment Date: November 14
Listing Date: November 18
Stay tuned for live updates on share price, listing premium, and market reaction.
