{"id":15173,"date":"2025-11-07T17:33:41","date_gmt":"2025-11-07T12:03:41","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=15173"},"modified":"2025-11-07T17:34:55","modified_gmt":"2025-11-07T12:04:55","slug":"physicswallah-ipo-opens-key-details-investors-shouldnt-miss","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/physicswallah-ipo-opens-key-details-investors-shouldnt-miss\/","title":{"rendered":"PhysicsWallah IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_section el_id=&#8221;blog-inner-layout&#8221;][vc_row overlay_dotted=&#8221;&#8221;][vc_column el_class=&#8221;blog_primary&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;&#8221;]In November 2025, India\u2019s primary markets will see one of the most closely watched tech\/consumer-internet listings \u2014 PhysicsWallah Limited (PW). Starting as a YouTube-led edtech brand, PW has grown into a multi-format education platform with online courses, hybrid centres, test-prep, upskilling, and regional language offerings. With a large fresh issue component, the IPO is clearly fund-raise-led to fuel offline expansion, infra, and acquisitions.<\/p>\n<p>Here is a structured look at <a href=\"https:\/\/www.torusdigital.com\/ipo\/physicswallah-ltd-ipo\">PhysicsWallah IPO:<\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_PhysicsWallah_Ltd\"><\/span><strong>About PhysicsWallah Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Founded by Alakh Pandey and Prateek Boob, PhysicsWallah is an edtech company offering:<\/p>\n<ul>\n<li>Test prep for JEE, NEET, UPSC and other govt exams<\/li>\n<li>Professional\/upskilling courses (data science, analytics, finance, coding)<\/li>\n<li>Delivery through apps, website, YouTube, and tech-enabled offline\/hybrid centres<\/li>\n<\/ul>\n<p><strong>Scale (as of June 30, 2025):<\/strong><\/p>\n<ul>\n<li>13.7 million YouTube subscribers<\/li>\n<li>4.13 million unique transacting users online<\/li>\n<li>0.33 million students in offline centres<\/li>\n<li>303 offline\/hybrid centres<\/li>\n<li>6,267 faculty members<\/li>\n<li>18,028 employees<\/li>\n<li>4,382 books published<\/li>\n<li>Active across 13 education categories<\/li>\n<\/ul>\n<p>PW is among the top 5 edtech companies in India by revenue and has successfully blended content, technology, and low-cost delivery.<\/p>\n<p><strong>Competitive strengths:<\/strong><\/p>\n<ul>\n<li>Rapid growth in paid users (CAGR ~59% from FY23 to FY25)<\/li>\n<li>Multi-channel presence (online + app + offline)<\/li>\n<li>Strong founder-led brand and high recall<\/li>\n<li>Proprietary tech stack for learning delivery<\/li>\n<li>Ability to scale regional and tier-2\/3 offerings<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_IPO_Details\"><\/span><strong>PhysicsWallah IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<td width=\"198\">IPO Date<\/td>\n<td width=\"264\">November 11, 2025, to November 13, 2025<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Face Value<\/td>\n<td width=\"264\">\u20b91\u00a0per share<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Issue Price Band<\/td>\n<td width=\"264\">\u20b9103 to \u20b9109 per share<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Lot Size<\/td>\n<td width=\"264\">137 Shares<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Sale Type<\/td>\n<td width=\"264\">Fresh Capital-cum-Offer for Sale<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Total Issue Size<\/td>\n<td width=\"264\">31,92,66,054\u00a0shares<br \/>\n(aggregating up to \u20b93,480.00\u00a0Cr)<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Fresh Issue<\/td>\n<td width=\"264\">28,44,03,669\u00a0shares<br \/>\n(aggregating up to \u20b93,100.00\u00a0Cr)<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Offer for Sale<\/td>\n<td width=\"264\">3,48,62,385\u00a0shares of \u20b91<br \/>\n(aggregating up to \u20b9380.00\u00a0Cr)<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Employee Discount<\/td>\n<td width=\"264\">\u20b910.00<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Issue Type<\/td>\n<td width=\"264\">Bookbuilding\u00a0IPO<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Listing At<\/td>\n<td width=\"264\">BSE, NSE<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Share Holding Pre Issue<\/td>\n<td width=\"264\">2,60,79,56,938\u00a0shares<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Share Holding Post Issue<\/td>\n<td width=\"264\">2,89,23,60,607\u00a0shares<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Book Running Lead Manager<\/td>\n<td width=\"264\">Kotak Mahindra Capital Co. Ltd.<\/td>\n<\/tr>\n<tr>\n<td width=\"198\">Registrar<\/td>\n<td width=\"264\">MUFG Intime India Pvt. Ltd.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Important_IPO_Timeline\"><\/span><strong>Important IPO Timeline<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>Event<\/strong><\/td>\n<td><strong>Date<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>IPO Open Date<\/td>\n<td>Tue, Nov 11, 2025<\/td>\n<\/tr>\n<tr>\n<td>IPO Close Date<\/td>\n<td>Thu, Nov 13, 2025<\/td>\n<\/tr>\n<tr>\n<td>Allotment (Tentative)<\/td>\n<td>Fri, Nov 14, 2025<\/td>\n<\/tr>\n<tr>\n<td>Initiation of Refunds<\/td>\n<td>Mon, Nov 17, 2025<\/td>\n<\/tr>\n<tr>\n<td>Credit of Shares to Demat<\/td>\n<td>Mon, Nov 17, 2025<\/td>\n<\/tr>\n<tr>\n<td>Listing Date (Tentative)<\/td>\n<td>Tue, Nov 18, 2025<\/td>\n<\/tr>\n<tr>\n<td>Cut-off time for UPI mandate confirmation<\/td>\n<td>5 PM on Nov 13, 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_IPO_Reservation\"><\/span><strong>PhysicsWallah IPO Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>Investor Category<\/strong><\/td>\n<td><strong>Shares Offered<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>QIB<\/td>\n<td>Not less than 75% of Net Offer<\/td>\n<\/tr>\n<tr>\n<td>NII<\/td>\n<td>Not more than 15% of Net Offer<\/td>\n<\/tr>\n<tr>\n<td>Retail (RII)<\/td>\n<td>Not more than 10% of Net Offer<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_IPO_Lot_Size\"><\/span><strong>PhysicsWallah IPO Lot Size<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>Application<\/strong><\/td>\n<td><strong>Lots<\/strong><\/td>\n<td><strong>Shares<\/strong><\/td>\n<td><strong>Amount (at \u20b9109)<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Retail (Min)<\/td>\n<td>1<\/td>\n<td>137<\/td>\n<td>\u20b914,933<\/td>\n<\/tr>\n<tr>\n<td>Retail (Max)<\/td>\n<td>13<\/td>\n<td>1,781<\/td>\n<td>\u20b91,94,129<\/td>\n<\/tr>\n<tr>\n<td>S-HNI (Min)<\/td>\n<td>14<\/td>\n<td>1,918<\/td>\n<td>\u20b92,09,062<\/td>\n<\/tr>\n<tr>\n<td>S-HNI (Max)<\/td>\n<td>66<\/td>\n<td>9,042<\/td>\n<td>\u20b99,85,578<\/td>\n<\/tr>\n<tr>\n<td>B-HNI (Min)<\/td>\n<td>67<\/td>\n<td>9,179<\/td>\n<td>\u20b910,00,511<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_Promoter_Holding\"><\/span><strong>PhysicsWallah Promoter Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td><\/td>\n<td><strong>Pre-Issue<\/strong><\/td>\n<td><strong>Post-Issue<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Promoter Holding<\/td>\n<td>81.64%<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Promoters:<\/strong> Alakh Pandey and Prateek Boob<\/p>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_Ltd_Financials\"><\/span><strong>PhysicsWallah Ltd. Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Restated_Consolidated_Financials_%E2%82%B9_in_crore\"><\/span><strong>Restated Consolidated Financials (\u20b9 in crore):<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<thead>\n<tr>\n<td><strong>Period Ended<\/strong><\/td>\n<td><strong>30 Jun 2025<\/strong><\/td>\n<td><strong>31 Mar 2025<\/strong><\/td>\n<td><strong>31 Mar 2024<\/strong><\/td>\n<td><strong>31 Mar 2023<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Assets<\/td>\n<td>5,075.67<\/td>\n<td>4,156.38<\/td>\n<td>2,480.74<\/td>\n<td>2,082.18<\/td>\n<\/tr>\n<tr>\n<td>Total Income<\/td>\n<td>905.41<\/td>\n<td>3,039.09<\/td>\n<td>2,015.35<\/td>\n<td>772.54<\/td>\n<\/tr>\n<tr>\n<td>Profit After Tax<\/td>\n<td>-127.01<\/td>\n<td>-243.26<\/td>\n<td>-1,131.13<\/td>\n<td>-84.08<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>-21.22<\/td>\n<td>193.20<\/td>\n<td>-829.35<\/td>\n<td>13.86<\/td>\n<\/tr>\n<tr>\n<td>Net Worth<\/td>\n<td>1,867.92<\/td>\n<td>1,945.37<\/td>\n<td>-861.79<\/td>\n<td>62.29<\/td>\n<\/tr>\n<tr>\n<td>Reserves &amp; Surplus<\/td>\n<td>787.92<\/td>\n<td>467.06<\/td>\n<td>-1,254.74<\/td>\n<td>-187.65<\/td>\n<\/tr>\n<tr>\n<td>Total Borrowing<\/td>\n<td>1.55<\/td>\n<td>0.33<\/td>\n<td>1,687.40<\/td>\n<td>956.15<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Performance_Indicators_KPI\"><\/span><strong>Key Performance Indicators (KPI)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<td><strong>KPI<\/strong><\/td>\n<td><strong>Values<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Market Capitalisation<\/td>\n<td>\u20b931,526.73 Cr<\/td>\n<\/tr>\n<tr>\n<td>RoNW<\/td>\n<td>-12.50%<\/td>\n<\/tr>\n<tr>\n<td>PAT Margin<\/td>\n<td>-8.43%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin<\/td>\n<td>6.69%<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>14.10<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>KPI<\/strong><\/td>\n<td><strong>Pre-IPO<\/strong><\/td>\n<td><strong>Post-IPO<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><strong>EPS (\u20b9)<\/strong><\/td>\n<td>-0.93<\/td>\n<td>-1.76<\/td>\n<\/tr>\n<tr>\n<td><strong>P\/E (x)<\/strong><\/td>\n<td>-116.86<\/td>\n<td>-62.06<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Objects_of_the_Issue\"><\/span><strong>Objects of the Issue\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company plans to utilise the net proceeds from the fresh issue for aggressive expansion, especially offline\/hybrid, infra, and marketing.<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>S.No.<\/strong><\/td>\n<td><strong>Objects of the Issue<\/strong><\/td>\n<td><strong>Expected Amount (\u20b9 Cr)<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1<\/td>\n<td>Capex for fit-outs of new offline &amp; hybrid centres<\/td>\n<td>460.55<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Lease payments of existing identified offline &amp; hybrid centres<\/td>\n<td>548.31<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Capex for fit-outs of new offline centres of Xylem<\/td>\n<td>31.65<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Lease payments for Xylem\u2019s existing centres &amp; hostels<\/td>\n<td>15.52<\/td>\n<\/tr>\n<tr>\n<td>5<\/td>\n<td>Investment in subsidiary (Utkarsh Classes) for lease payments<\/td>\n<td>33.70<\/td>\n<\/tr>\n<tr>\n<td>6<\/td>\n<td>Server &amp; cloud infra costs<\/td>\n<td>200.11<\/td>\n<\/tr>\n<tr>\n<td>7<\/td>\n<td>Marketing initiatives<\/td>\n<td>710.00<\/td>\n<\/tr>\n<tr>\n<td>8<\/td>\n<td>Acquisition of additional shareholding in Utkarsh Classes<\/td>\n<td>26.50<\/td>\n<\/tr>\n<tr>\n<td>9<\/td>\n<td>Funding inorganic growth &amp; general corporate purposes<\/td>\n<td>Balance<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_Ltd_Industry_Outlook\"><\/span><strong>PhysicsWallah Ltd.: Industry Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Edtech 2.0 in India is moving to phygital (online + offline). PW is already there with 303 centres.<\/li>\n<li>Demand for affordable test prep in tier-2\/3 cities is strong; PW\u2019s brand was built on affordability.<\/li>\n<li>Consolidation in edtech means players with positive unit economics + strong brand + multichannel will likely gain share.<\/li>\n<li>Government exams, medical and engineering entrance, and upskilling continue to be large, recurring markets.<\/li>\n<li>However, the sector is highly competitive and marketing-intensive, which is why a large portion of the IPO is earmarked for marketing and centre expansion.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"PhysicsWallah_IPO_Peer_Comparison\"><\/span><strong>PhysicsWallah IPO: Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PhysicsWallah IPO can be compared with peers like Byju\u2019s (Think &amp; Learn Pvt. Ltd.), UpGrad Education Pvt. Ltd., Vedantu Innovations Pvt. Ltd., Unacademy (Sorting Hat Technologies Pvt. Ltd.), and Eruditus Learning Solutions Pvt. Ltd. Reviewing these companies helps investors gauge PhysicsWallah\u2019s position within India\u2019s rapidly evolving edtech and test-preparation sector, understand its hybrid model advantage, and make informed investment decisions based on scalability, profitability, and long-term growth potential.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PhysicsWallah IPO looks promising as this is a large consumer-tech\/edtech platform coming to market with:<\/p>\n<ul>\n<li>strong revenue growth,<\/li>\n<li>massive user base,<\/li>\n<li>but still loss-making at the PAT level,<\/li>\n<li>and a big capex \/ opex requirement for offline scaling.<\/li>\n<\/ul>\n<p>For investors, this becomes a growth story rather than a pure valuation\/dividend play. Those comfortable with platform businesses, <a href=\"https:\/\/www.torusdigital.com\/stocks\/sectors\/education\">education sector<\/a> tailwinds, and a medium-to-long holding view may consider it; conservative investors should note the negative PAT, high marketing outlay, and premium market-cap-to-profit levels.<\/p>\n<p>If you are exploring more investment opportunities, check out our dedicated page on <a href=\"https:\/\/www.torusdigital.com\/ipo\/upcoming-ipo\">upcoming IPO listings<\/a>\u202fto stay updated on the latest market offerings.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;&#8221;][\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_id=&#8221;share_rating&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h6>Rate this article<\/h6>\n<!-- FeedbackWP Plugin --><div  class=\"rmp-widgets-container rmp-wp-plugin rmp-main-container js-rmp-widgets-container js-rmp-widgets-container--15173 \"  data-post-id=\"15173\">    <!-- Rating widget -->  <div class=\"rmp-rating-widget js-rmp-rating-widget\">            <div class=\"rmp-rating-widget__icons\">      <ul class=\"rmp-rating-widget__icons-list js-rmp-rating-icons-list\">                  <li class=\"rmp-rating-widget__icons-list__icon js-rmp-rating-item\" data-descriptive-rating=\"Terrible!\" data-value=\"1\">              <i class=\"js-rmp-rating-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i>          <\/li>                  <li class=\"rmp-rating-widget__icons-list__icon js-rmp-rating-item\" data-descriptive-rating=\"Bad!\" data-value=\"2\">              <i class=\"js-rmp-rating-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i>          <\/li>                  <li class=\"rmp-rating-widget__icons-list__icon js-rmp-rating-item\" data-descriptive-rating=\"Okay!\" data-value=\"3\">              <i class=\"js-rmp-rating-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i>          <\/li>                  <li class=\"rmp-rating-widget__icons-list__icon js-rmp-rating-item\" data-descriptive-rating=\"Good!\" data-value=\"4\">              <i class=\"js-rmp-rating-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--half-highlight js-rmp-remove-half-star\"><\/i>          <\/li>                  <li class=\"rmp-rating-widget__icons-list__icon js-rmp-rating-item\" data-descriptive-rating=\"Great!\" data-value=\"5\">              <i class=\"js-rmp-rating-icon rmp-icon rmp-icon--ratings rmp-icon--star \"><\/i>          <\/li>              <\/ul>    <\/div>    <p class=\"rmp-rating-widget__hover-text js-rmp-hover-text\"><\/p>    <button class=\"rmp-rating-widget__submit-btn rmp-btn js-submit-rating-btn\">      Submit Rating    <\/button>    <p class=\"rmp-rating-widget__results js-rmp-results \">       <span class=\"rmp-rating-widget__results__rating js-rmp-avg-rating\">3.3<\/span> \/ 5.  <span class=\"rmp-rating-widget__results__votes js-rmp-vote-count\">4<\/span>    <\/p>    <p class=\"rmp-rating-widget__not-rated js-rmp-not-rated rmp-rating-widget__not-rated--hidden\">          <\/p>    <p class=\"rmp-rating-widget__msg js-rmp-msg\"><\/p>  <\/div>  <!--Structured data -->        <\/div>\n<div id=\"emoji-overlay\" style=\"display: none;\">\n<div id=\"overlay-emoji\"><\/div>\n<div id=\"overlay-description\" class=\"emoji-text\"><\/div>\n<\/div>\n<div id=\"rating-popup\">\n<p><span id=\"popup-close\">\u00d7<\/span><\/p>\n<div class=\"popup_message\">\n<div id=\"popup-emoji\"><\/div>\n<div class=\"popup_innermsg\">\n<h5>Thank You for Rating Our Article!<\/h5>\n<p>Your feedback is incredibly valuable to us, and we&#8217;re thrilled to hear your thoughts.<\/p><\/div>\n<\/div>\n<\/div>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;&#8221;]<\/p>\n<h6>Share this article<\/h6>\n<div class=\"cscra-social square cscra-socials-679c8a1122c00\">\n        <a href=\"\/\/www.facebook.com\/sharer\/sharer.php?u=https%3A%2F%2Fwww.torusdigital.com%2Ftoruscope%2Fnews%2Fphysicswallah-ipo-opens-key-details-investors-shouldnt-miss%2F&t=PhysicsWallah+IPO+Opens%3A+Key+Details+Investors+Shouldn%E2%80%99t+Miss\" class=\"facebook\" data-toggle=\"tooltip\" data-placement=\"top\" title=\"Share On Facebook\" target=\"_blank\"><i class=\"fa fa-facebook\"><\/i><\/a>\n        <a href=\"\/\/twitter.com\/intent\/tweet?text=PhysicsWallah+IPO+Opens%3A+Key+Details+Investors+Shouldn%E2%80%99t+Miss&url=https%3A%2F%2Fwww.torusdigital.com%2Ftoruscope%2Fnews%2Fphysicswallah-ipo-opens-key-details-investors-shouldnt-miss%2F\" class=\"twitter\" data-toggle=\"tooltip\" data-placement=\"top\" title=\"Share On Twitter\" target=\"_blank\"><i class=\"fa-brands fa-x-twitter\"><\/i><\/a>\n        <a href=\"https:\/\/api.whatsapp.com\/send?text=PhysicsWallah+IPO+Opens%3A+Key+Details+Investors+Shouldn%E2%80%99t+Miss - https%3A%2F%2Fwww.torusdigital.com%2Ftoruscope%2Fnews%2Fphysicswallah-ipo-opens-key-details-investors-shouldnt-miss%2F\" class=\"whatsapp\" data-toggle=\"tooltip\" data-placement=\"top\" title=\"Share On WhatsApp\" target=\"_blank\"><i class=\"fa fa-whatsapp\"><\/i><\/a>\n        <a href=\"\/\/www.linkedin.com\/shareArticle?mini=true&url=https%3A%2F%2Fwww.torusdigital.com%2Ftoruscope%2Fnews%2Fphysicswallah-ipo-opens-key-details-investors-shouldnt-miss%2F&title=PhysicsWallah+IPO+Opens%3A+Key+Details+Investors+Shouldn%E2%80%99t+Miss\" class=\"linkedin\" data-toggle=\"tooltip\" data-placement=\"top\" title=\"Share On Linkedin\" target=\"_blank\"><i class=\"fa fa-linkedin\"><\/i><\/a>\n    <\/div>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"[vc_section el_id=&#8221;blog-inner-layout&#8221;][vc_row overlay_dotted=&#8221;&#8221;][vc_column el_class=&#8221;blog_primary&#8221;][vc_row_inner][vc_column_inner][vc_column_text css=&#8221;&#8221;]In November 2025, India\u2019s primary markets will see one of the most closely watched tech\/consumer-internet listings \u2014 PhysicsWallah Limited (PW). Starting as a YouTube-led edtech brand, PW has grown into a multi-format education platform with online courses, hybrid centres, test-prep, upskilling, and regional language offerings. With a large fresh issue component,","protected":false},"author":1,"featured_media":14110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","footnotes":""},"categories":[5,169],"tags":[],"class_list":["post-15173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PhysicsWallah IPO Opens: What Investors Need to Know<\/title>\n<meta name=\"description\" content=\"PhysicsWallah IPO, a \u20b93,480 crore book-built issue, offers investors exposure to one of India\u2019s fastest-growing edtech platforms with online, offline, and hybrid presence. 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