PhysicsWallah IPO: PhysicsWallah IPO has entered the share market. The GMP of the IPO remained in positive trend till the listing. The company’s rapid growth is strong, but losses are still continuing, hence listing is considered a long-term play.
PhysicsWallah Share Price: Physicswala IPO is getting listed on BSE and NSE today i.e. on 18th November. There is a lot of enthusiasm among investors regarding this listing, because the gray market trend of the company has remained strong since the beginning. According to the exchange notice, the shares will trade in ‘B’ group securities from today and the listing will begin after a special pre-open session at 10 am.
Important dates of PhysicsWallah IPO
This IPO was opened on 11 November and closed on 13 November. After this the allotment was finalized on 14 November. The share listing is taking place today on 18th November and the shares of the company will be available on both BSE and NSE exchanges. There is a clear craze among retail and QIB investors regarding the listing, because the brand value of the company and its position in the edtech sector is considered very strong.
How much is PhysicsWallah IPO GMP today?
Talking about today’s gray market trend, Physicswala shares continue to see good demand. According to market experts, today’s GMP has reached around Rs 14, which means shares are trading at Rs 14 more than the issue price in the gray market. This directly indicates that the stock may get a positive response upon listing and investors may see a decent premium.
PhysicsWallah IPO Listing Price Expected
Based on GMP’s calculations, the estimated listing price of the share is believed to be around Rs 123. The issue price of IPO was Rs 109, hence a premium of up to 13% can be seen in the stock market today. Market analysts also believe that Physicswala’s stock can give a strong opening, because both the brand recognition and user base are quite large.
Company’s growth, profit and real picture
Physicswala’s story is that of a fast-growing company in the edtech space. While the company’s revenue was Rs 772 crore in FY23, it increased to more than Rs 3,000 crore in FY25. This growth shows that the company is gaining ground in both the student and digital education markets. However, on the other hand, the company is still in loss and the total loss between FY23 to FY25 has been more than Rs 1,400 crore. In such a situation, this IPO is considered to be a game of long-term execution rather than short-term profit.
How was the response to Physicswala IPO?
If we look at the subscription data, the IPO got a total subscription of 1.81 times. Retail investors subscribed it by 1.06 times, while the response in the non-institutional investors section was lower and stood at just 48%. In contrast, the QIB category was very strong and saw 2.70 times subscription. It is clear from this that big institutional investors have more confidence in Physicswala’s model and its growth story.
PhysicsWallah IPO size, price band and issue details
The price band of Physicswala IPO was fixed at Rs 103 to Rs 109 per share. The company raised a total of Rs 3,480.71 crore, which included a fresh issue of Rs 3,100.71 crore and OFS of Rs 380 crore. 28.45 crore shares were issued in the fresh issue, while 3.49 crore shares were sold under OFS. Kotak Mahindra Capital is the lead manager for this IPO and MUFG Intime India is playing the role of its registrar.
Disclaimer: The information given in this article is only for general awareness. Here the projections and analysis related to stock market, IPO, GMP or any investment are based on market trends. This is not any kind of investment advice. Investing in the stock market is subject to market risks. Before investing, please consult your financial advisor.
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