PhysicsWallah IPO Live Updates: 5% Subscription on Day 1, GMP and Expert Analysis Inside
The PhysicsWallah IPO is open for subscription from 11 to 13 November with a price band of ₹103 to ₹109 per share. The company plans to raise ₹3,480 crore, including ₹3,100 crore fresh issue and ₹380 crore offer for sale. Shares are expected to list on 18 November on NSE and BSE.
What is the subscription on Day 1 so far: By 13:00 IST, total bidding stood at 0.05 times, retail at 0.22 times, employee at 0.69 times, and QIB at 0.00 times. This puts overall Day 1 subscription near 5 percent
Lot size and retail amount: The minimum lot is 137 shares, which equals ₹14,933 at the upper band.
Anchor round: Ahead of opening, the company raised ₹1,563 crore from 57 anchor investors at ₹109.
Is the listing date confirmed? The listing is tentatively set for 18 November, as carried in the live updates. Final exchange notices determine the date.
PhysicsWallah IPO, GMP and what it signals
Grey Market Premium: Financial Express’ live page shows GMP at about 3 percent on Day 1. InvestorGain’s dedicated page for this IPO notes “GMP not yet started” with the page last updated at 11:51 today. Readers should treat GMP as indicative only.
This split view in early trading suggests muted to uncertain sentiment while bids build through the day. Early GMP can change quickly as subscription data refreshes.
How should I read a 3 percent GMP? It implies a small expected premium against the cap price if sustained, but it is unofficial and volatile and should not be the only input.
PhysicsWallah IPO, subscription build and key numbers
By early afternoon, the book showed employee interest leading, followed by retail, with QIB bids yet to start. Live snapshots reported: total 0.05 times, retail 0.22 times, employee 0.69 times, NII 0.01 times at 13:00 IST. Such category skew is common on Day 1, since institutions often place bids later in the window.
PhysicsWallah IPO, price band and dates for investors
- Price band: ₹103 to ₹109
- Open, close: 11 to 13 November
- Allotment: 14 November, tentative
- Listing: 18 November, tentative
PhysicsWallah IPO, what experts are watching
Live coverage highlights strong revenue growth through FY25, alongside losses persisting at net level. ET notes revenue of ₹2,886.6 crore and adjusted EBITDA of ₹432 crore in FY25, EBITDA margin 15 percent, and net loss of ₹243.3 crore in FY25. Since the company is loss making, P E is not applicable, and updates refer to a price to sales lens being used by watchers.
PhysicsWallah IPO, broker and market chatter
ET’s live blog relays an expert view that growth is strong but valuation looks stretched, which is a typical theme for new age tech issues. Financial Express flags cautious GMP and slow start in subscription. These views mirror risk appetite in the segment rather than a single company call.
What is the simple takeaway on valuation? Commentators are balancing growth and scale benefits with losses and execution risks. That is why sentiment looks cautious early on.
PhysicsWallah IPO, risk note for investors
Live coverage lists specific operating risks from the offer documents, including incidents at learning centers and execution risks in rapid offline expansion, plus dependence on key faculty. These are material for an omnichannel education model.
Losses also limit traditional valuation metrics. Investors should read the risk factors in the offer document and rely on official exchange and company filings.
PhysicsWallah IPO, timeline, process and lot essentials
Minimum application is 1 lot of 137 shares, multiples thereof after that. Retail outlay is ₹14,933 per lot at ₹109. Applications can be made via UPI or ASBA through supported brokers and banks, as explained in the live update primers.
PhysicsWallah IPO, allotment and credit
As per live pages and GMP tracker, basis of allotment is 14 November, refunds and credit to demat are 17 November, and listing is 18 November, all tentative until exchange confirmation.
PhysicsWallah IPO summary bullets
- Price band: ₹103 to ₹109; open 11 to 13 November; listing tentative 18 November.
- Day 1, 13:00 IST: 0.05 times total, retail 0.22 times.
- GMP: about 3 percent per FE, not started on InvestorGain.
- Lot size: 137 shares, ₹14,933 at cap price.
- Anchor: ₹1,563 crore from 57 investors at ₹109.
Conclusion
Early signs for the PhysicsWallah IPO show soft Day 1 traction and a cautious GMP read, while price band, dates and lot are straightforward for retail. As bids evolve, watch institutional flows and official updates through the close on 13 November, then the allotment and listing next week.
FAQs
Day 1 at 13:00 IST shows about 5 percent overall, with retail near 22 percent. Early hours often look slow, institutions usually bid later.
Financial Express shows about 3 percent today, while InvestorGain’s IPO page shows not yet started. Treat it as indicative only.
137 shares per lot, about ₹14,933 at the top band.
Tentatively 18 November, subject to exchange confirmation.
Disclaimer
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
