PhysicsWallah IPO Date: In the coming time, you can soon see the IPO of PhysicsWallah Company, whose bookbuilding issue size is going to be around ₹ [-] Share, this IPO is going to have a fresh issue of 3,100 Crores and an offer for sale of ₹720 crores.
The Company has not announced any date for the IPO of PhysicsWallah at present. The allotment process for the IPO of PhysicsWallah Company can be expected to be finalized [.].
The information about what could be the starting price band of the IPO of PhysicsWallah has not been shared by the company yet.
PhysicsWallah IPO Dates & Price Band Details
| IPO Open Date | [.] |
|---|---|
| IPO Close Date | [.] |
| Face Value | ₹1 per equity share |
| Price Band | [.] to [.] per share |
| Lot Size | - |
| Type of Issue | Fresh and OFS |
| Fresh Issue | to ₹ 31,000.00 million |
| Offer for Sale | aggregating up to ₹ 7,200.00 million |
| Retail Investor Quota | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing Exchange | NSE BSE |
| DRHP (Draft Prospectus) | Click Here |
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:
(i) Online, which includes our Social Media Channels, Website and apps.
(ii) Techenabled offline Centers (where our Faculty Conducts live classes in a Physical Center).
(iii) 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 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).
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 4,156.38 | 2,480.74 | 2,082.18 |
| Revenue | 3,039.09 | 2,015.35 | 772.54 |
| Profit After Tax | -243.26 | -1,131.13 | -84.08 |
| Net Worth | 1,553.51 | -1,172.22 | -50.17 |
| Reserves & Surplus | 471.72 | -1,252.48 | -188.64 |
| Amount in ₹ Crore |
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).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | Not disclosed |
| Return on Capital Employed (ROCE) | Not disclosed |
| EBITDA Margin | 6.69% |
| PAT Margin | (8.43)% |
| Debt-to-Equity Ratio | Not disclosed |
| Earnings Per Share (EPS) | (0.86) |
| Price to Earnings Ratio (P/E) | Not disclosed |
| Return on Net Worth (RoNW) | (12.50) |
| Net Asset Value (NAV) | 7.73 |
Comparison of accounting ratios with listed industry peers
N/A
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 0 equity shares of ₹1 face value each with an IPO price of ₹[.] crores. The issue price may be [.] to [.] per share. The minimum order size is.
There is no open and close date available for PhysicsWallah Company IPO yet.
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 will the PhysicsWallah IPO open?
Answer 3: No date has been announced for the PhysicsWallah IPO at the moment. Please check again after some time.
Question 4:What is going to be the lot size of PhysicsWallah Company IPO?
Answer 4: At present, the official information about the lot size of the PhysicsWallah IPO is not available. As soon as the information is available, you will be informed.
Question 5: How to submit application for PhysicsWallah Company IPO?
Answer 5: If you want to apply online for PhysicsWallah Company IPO, then you can easily apply for this IPO with the help of UPI, ASBA, Net Banking, your stock broker’s app like Groww, Zerodha, Upstox, Phonepe Share Market, Angel One.
Question 6:When is the PhysicsWallah IPO allotment?
Answer 6:The Allotment For PhysicsWallah Company IPO will be Determined on [-] and all allotted Shares will be Credited to Your Demat Account by [-]. Check PhysicsWallah IPO Allotment Status Here.
Question 7: What will be the listing date of PhysicsWallah Company IPO?
Answer 7:The official listing date of PhysicsWallah IPO has not been announced yet. The Expected Date of PhysicsWallah IPO Listing is [-].
