The PhysicsWallah Ltd IPO date has been confirmed from November 11, 2025, and closes on November 13, 2025. Read the post to learn about PhysicsWallah Ltd IPO GMP.
PhysicsWallah IPO is a book build issue of ₹3,480.00 crores. The issue is a combination of fresh issue of ₹3,100.00 crores and offer for sale of ₹380.00 crores. PhysicsWallah IPO price band is set at ₹103 to ₹109 per share.
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Bidding Dates
Nov 11 – Nov 13Price Range
₹103 to ₹109 per shareFace Value
₹1 per shareGMP
₹9PhysicsWallah Ltd IPO GMP
The PhysicsWallah Ltd IPO GMP Today is ₹9.
IPO Overview
PhysicsWallah IPO opens for subscription on Nov 11, 2025 and closes on Nov 13, 2025. The allotment for the PhysicsWallah IPO is expected to be finalized on Nov 14, 2025. PhysicsWallah IPO will list on BSE, NSE with a tentative listing date fixed as Nov 18, 2025.
| IPO Date | November 11, 2025 to November 13, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹103 to ₹109 per share |
| Lot Size | 137 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 31,92,66,054 shares (aggregating up to ₹3,480.00 Cr) |
| Fresh Issue | 28,44,03,669 shares (aggregating up to ₹3,100.00 Cr) |
| Offer for Sale | 3,48,62,385 shares of ₹1 (aggregating up to ₹380.00 Cr) |
| Employee Discount | ₹10.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,60,79,56,938 shares |
| Share Holding Post Issue | 2,89,23,60,607 shares |
PhysicsWallah Ltd Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 5,075.67 | 4,156.38 | 2,480.74 | 2,082.18 |
| Total Income | 905.41 | 3,039.09 | 2,015.35 | 772.54 |
| Profit After Tax | -127.01 | -243.26 | -1,131.13 | -84.08 |
| EBITDA | -21.22 | 193.20 | -829.35 | 13.86 |
| NET Worth | 1,867.92 | 1,945.37 | -861.79 | 62.29 |
| Reserves and Surplus | 787.92 | 467.06 | -1,254.74 | -187.65 |
| Total Borrowing | 1.55 | 0.33 | 1,687.40 | 956.15 |
| Amount in ₹ Crore | ||||
PhysicsWallah Ltd IPO Timeline
| IPO Open Date | Tue, Nov 11, 2025 |
| IPO Close Date | Thu, Nov 13, 2025 |
| Tentative Allotment | Fri, Nov 14, 2025 |
| Initiation of Refunds | Mon, Nov 17, 2025 |
| Credit of Shares to Demat | Mon, Nov 17, 2025 |
| Tentative Listing Date | Tue, Nov 18, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Nov 13, 2025 |
Company Profile
PW (Physics Wallah) is one of India’s leading online education platforms, known for revolutionizing affordable learning through its interactive live classes, comprehensive study materials, and expert faculty. Founded with the vision of making quality education accessible to every student, PW.Live offers courses for school students, JEE, NEET, and various other competitive exams. The platform has become a trusted name among learners across the country, recognized for its innovative teaching methods, consistent results, and strong community of educators dedicated to academic excellence.
Registrar Info
| Name | MUFG Intime India Pvt.Ltd. |
| Phone number | +91-22-4918 6270 |
| Email ID | physicswallah.ipo@in.mpms.mufg.com |
| Website | https://linkintime.co.in/Initial_Offer/public-issues.html |
Contact Details
| Name | PhysicsWallah Ltd |
| Phone number | +91 9289926531 |
| Email ID | investorsrelation@pw.live |
| Website | https://www.pw.live/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
PhysicsWallah Ltd IPO FAQs
When PhysicsWallah IPO will open?
The PhysicsWallah IPO opens on November 11, 2025 and closes on November 13, 2025.
When is PhysicsWallah IPO listing date ?
The PhysicsWallah IPO listing date is not yet announced. The tentative date of PhysicsWallah IPO listing is Tuesday, November 18, 2025.