PhysicsWallah IPO Date, Price, GMP, Review, Details

PhysicsWallah IPO Will Open On Nov 11, 2025 And Close On Nov 13, 2025.The ₹3,480.00 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale. PhysicsWallah IPO Price Band Is Set At ₹103 to ₹109 Per Share.

The Allotment will Be Finalized On Nov 14, 2025 and Listing date is Expected on The NSE BSE By Nov 18, 2025. Investor Quota like 75% QIB, 10% Retail, and 15% HNI Category.

Financial Year 2025 Company Posted a Revenue of ₹905.41 Cr. and A Net Profit of ₹-127.01 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.

PhysicsWallah IPO Dates & Price Band Details

About PhysicsWallah Limited

Our Company was originally incorporated on June 6, 2020 “PhysicsWallah Limited”We offer test preparation courses for competitive examinations, and other courses such as for upskilling. Our channels of delivery include:

• Online, which includes our Social Media Channels, Website and apps.

• Techenabled offline Centers (where our Faculty Conducts live classes in a Physical Center).

• Hybrid Centers.

(Our two-teacher Model where a Student attends a live online classes at a physical center and can benefit from another faculty that is present at the center to resolve questions and participate in revision classes).

Among the top 5 education companies in terms of revenue in India, we are the largest in India in terms of student community, with our main YouTube channel, “Physics Wallah-Alakh Pandey” having 13.7 million subscribers as of July 15, 2025.

Our basic online “Batches” for JEE and NEET (our flagship offering), which includes “Arjuna JEE 3.0 2025”, “Prayas JEE 2025”, “Lakshya NEET 2025 “Arjuna NEET 3.0 2025, “Yakeen NEET Hindi 3.0 2025”, and “Lakshya JEE 243 2.0 2025”, each of which is a one-year batch, are offered at a price range of ₹2,199 to ₹4,800 per Batch.

Open access to quality education content along with affordable pricing for our paid courses have helped us create brand affinity among students and encourage them to organically become our paid users.

Objects Of The Issue

• Capital expenditure for fit-outs of new offline and hybrid centers of our Company.

• Expenditure towards lease payments of existingidentified offline and hybrid centers operated by our Company.

• Investment in our Subsidiary, Xylem Learning Private Limited for expenditure towards:

(i) capital expenditure for fit-outs of new offlinecenters of Xylem (“New Xylem Centers”)

(ii) lease payments for Xylem’s existing identified offline centers and hostels

• Investment in our Subsidiary, Utkarsh Classes &Edutech Private Limited for expenditure towards lease payments for Utkarsh Classes’ existing identified offline centers.

• Expenditure towards server and cloud related infrastructure costs.

• Expenditure towards marketing initiatives .

• Acquisition of additional shareholding in ourSubsidiary, Utkarsh Classes & Edutech Private Limited.

• Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Our Competitive Strengths

• We had 4.46 million Total Number of Paid Users in Fiscal 2025 which grew at a CAGR of 59.19% between Fiscals 2023 and 2025, driven by a student community-led approach.

• We have a presence across a large number of education categories in India with courses offered through multiple channels.

• Our proprietary technology-stack enhances students’ learning experience.

• Our ecosystem generates network effects driven by our community based approach.

• Specialized faculty members across categories, quality content and well-planned curriculum leading to successful results.

• We have an experienced management team led by our visionary founders.

PhysicsWallah IPO Market Lot Size

The Minimum Lot Size For The PhysicsWallah IPO is 137 Shares, Requiring An Application Amount of ₹14,933 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.

PhysicsWallah IPO Allotment & Listing Dates

PhysicsWallah IPO Will Open on Nov 11, and Close on Nov 13, 2025. The allotment is Expected on Nov 14, With the Listing Scheduled on NSE BSE For Nov 18, 2025 (More information below table).

PhysicsWallah IPO Financial Report 

PhysicsWallah Reported a total Revenue of ₹3,039.09 Cr. in FY 2025, Slightly up From ₹2,015.35Cr. in FY 2024. The Company Net Profit Also Rose to ₹-243.26 Cr. From ₹1,131.13 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).

PhysicsWallah IPO Valuation Report (KPI) 

Check Detailed PhysicsWallah IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).

Comparison of Accounting ratios With Listed Industry Peers

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Also Read: PhysicsWallah IPO GMP, Grey Market Premium Today

PhysicsWallah Company Contact Details

Corporate Office: Plot No. B-8,
Tower A, 101-119, Noida One, Sector – 62,
Gautam Buddha Nagar, Dadri,
Noida 201 309, Uttar Pradesh, India
Tel: +91 9289926531.
E-mail: investorsrelation@pw.live.
Website: www.pw.live

PhysicsWallah Lead Manager 

• Kotak Mahindra Capital Company Ltd
• J.P. Morgan India Pvt Ltd
• Goldman Sachs (India) Securities Pvt Ltd
• Axis Capital Limited

PhysicsWallah IPO Registrar

MUFG Intime India Pvt Ltd
C-101, 1st Floor, 247 Park, L.B.S.
Marg, Vikhroli (West), Mumbai 400
083, Maharashtra, India
Telephone: +91 810 811 4949
E-mail:physicswallah.ipo@in.mpms.mufg.com
Website: www.in.mpms.mufg.com

PhysicsWallah IPO FAQs

Question 1: What is PhysicsWallah IPO?

Answer 5: PhysicsWallah IPO is going to be a mainline IPO of 31,92,66,054  equity shares of ₹1 face value each with an IPO price of ₹3,480.00 crores. The issue price may be 103 to 109 per share. The minimum order size is.

The PhysicsWallah IPO opens on Nov 11, 2025 and closes on Nov 13, 2025.

MUFG Intime India Private Limited has been selected as the registrar for this IPO. The company’s stocks will be listed on both BSE and NSE exchanges.

Question 2: How to apply for PhysicsWallah IPO from Groww App?

Answer 2: Groww customers can apply for PhysicsWallah IPO online using UPI as the payment gateway. Grow customers can apply to PhysicsWallah IPO by logging into Grow (back office) and submitting the IPO application form.

Step by Step apply to PhysicsWallah IPO Through Grow App –

Visit Grow website and login to Grow.

• Go to the home page and click on Products & Equipment and then click on IPO tab.

• New page will open and show ‘PhysicsWallah IPO’, click on ‘Apply’ button.

• Show IPO details, Share Lot Size and Bid Price and Click here for Cutoff Price, click on the box and continue.

• Enter your UPI ID as: .95****299@kotak Accept the terms and conditions, click on the box and apply for IPO.

• Grow Share Payment Link: Your UPI Mobile Number, Pay for IPO, Bid to approve e-mandate, Submit Application Successfully.

Question 3: When PhysicsWallah IPO will open?

Answer 3: The PhysicsWallah IPO opens on Nov 11, 2025 and closes on Nov 13, 2025.

Question 4: What is the lot size of PhysicsWallah IPO?

Answer 4: PhysicsWallah IPO lot size and the minimum order quantity is 137 Shares.

Question 5: How to apply for PhysicsWallah IPO?

Answer 5: You can apply in PhysicsWallah IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.

Question 6: When is PhysicsWallah IPO allotment date?

Answer 6: The Basis of Allotment for PhysicsWallah IPO will be on Fri, Nov 14, 2025, and the allotted shares will be credited to your demat account by, Mon, Nov 17, 20255. For Check the PhysicsWallah IPO allotment status.

Question 7: When is PhysicsWallah IPO listing date?

Answer 7: The PhysicsWallah IPO listing date is Nov 18, 2025. The date of PhysicsWallah IPO listing on Tue, Nov 18, 2025.