Physicswallah Ltd
Price Range
₹103 - ₹109
-
Min. Quantity
137 Shares
Closes on
13 November 2025
-
Min. investment
₹14,933
Physicswallah Ltd IPO Timeline
Physicswallah Limited was originally incorporated at Prayagraj, Uttar Pradesh as 'Physicswallah Private Limited', a private limited Company with the Registrar of Companies dated June 6, 2020. The status of the Company was changed from Private Limited to Public Limited as per the approval received from Registrar of Companies, Uttar Pradesh on January 08, 2025 and the name of the Company changed to Physicswallah Limited.
| Event | Date |
|---|---|
| Physicswallah Ltd IPO Opening Date | 11 November 2025 |
| Physicswallah Ltd IPO Closing Date | 13 November 2025 |
| Basis of Allotment | 14 November 2025 |
| Initiation of Refunds | 17 November 2025 |
| Credit of Shares to Demat | 17 November 2025 |
| Physicswallah Ltd IPO Listing Date | 18 November 2025 |
Physicswallah Ltd IPO Details
| Physicswallah Ltd IPO Date | 11 November 2025 to 13 November 2025 |
| Physicswallah Ltd IPO Face Value | ₹1 per share |
| Physicswallah Ltd IPO Price | ₹103 to ₹109 per share |
| Physicswallah Ltd IPO Lot Size | 137 |
| Issue Size | Shares of ₹1 (aggregating up to ₹3,480 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹3100 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹380 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Alakh Pandey, Prateek Boob |
Physicswallah Ltd IPO Lot Size
The Physicswallah Ltd IPO lot size is 137 shares. A retail-individual investor can apply for up to 13 lots (1,781 shares or ₹1,94,129).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 137 | ₹14,933 |
| Maximum | 13 | 1,781 | ₹1,94,129 |
- Strengths
- Risks
- Opportunities
- 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 and we had 2.43 million Paid Users in the three months ended June 30, 2025, driven by a student community-led approach.
- We have a presence across 13 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, content and well-planned curriculum leading to successful results.
- We have an experienced management team led by our visionary founders.
Company Financials
Physicswallah Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,362.79 | 1,615.2 | -1070.97 |
| 03-2023 | 1,852.07 | 763.86 | -76.79 |
| 03-2022 | 170.65 | 234.1 | 97.75 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital expenditure for fit-outs of new offline and hybrid centers of the Company
- Expenditure towards lease payments of existing identified offline and hybrid centers operated by its Company
- Investment in our Subsidiary, Xylem Learning Private Limited for expenditure towards
- Lease payments for Xylem's existing identified offline centers and hostels
- Investment in the company 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 the company Subsidiary, Utkarsh Classes & Edutech Private Limited
- General corporate purposes
Physicswallah Ltd IPO Promoter Holding
| Pre Issue Share Holding | 40.31% |
| Post Issue Share Holding | 36.15% |
Physicswallah Ltd IPO Subscription Status (Bidding Detail)
The Physicswallah Ltd IPO is subscribed 0 times on 13 November 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Physicswallah Ltd IPO Prospectus
Physicswallah Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE0LP301011 |
| IPO Price | ₹0 |
| Face Value | ₹1 |
Company Contact Information
No.B-8 Tower A 101-119 Noida-1Sector-62 Gautam Buddha Nagar,Noida-201309
Phone: +91 92899 26531
Email: investorsrelation@pw.live
Website: www.pw.live
Physicswallah Ltd IPO Registrar
Physicswallah Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Limited
- J.P. Morgan India Private Limited
- Goldman Sachs (India) Securities Private Limited
- Axis Capital Limited
How to Check the Allotment Status of Physicswallah Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Physicswallah Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
FAQ
What is the issue size of Physicswallah Ltd IPO?
I have pre-applied for Physicswallah Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.