PHYSICSWALLAH IPO DETAILS
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Zerodha’s growth stalls; IT’s new deal model
Zerodha’s profit growth has slowed as its core broking business comes under pressure. This and more in today's ETtech Top 5.
Zetwerk promoters pledge stake; PhysicsWallah Q1 losses narrow
Zetwerk’s promoters have pledged nearly a third of their stake ahead of the company’s IPO. This and more in today's ETtech Top 5.
Kuku FM readies public market debut; SoftBank books Lenskart gains
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PhysicsWallah IPO: Important numbers to know before the listing
PhysicsWallah, soon to become India’s first publicly listed edtech firm after the sector’s shake-up, saw a slow start to its IPO before institutions lifted demand on the final day. Subscription was mixed, the grey market cooled, and anchor investors played a major role. Here are all the numbers you need to know before the listing.
PhysicsWallah IPO allotment today: Here’s how to check your status, GMP and what to expect from listing
PhysicsWallah's Rs 3,480 crore IPO, one of the largest in Indian edtech, is set to finalize allotment on Friday with moderate subscription and a 0% grey market premium, indicating a cautious listing. The company, known for its hybrid model and diverse courses, reported strong revenue growth but remains loss-making, with IPO funds earmarked for offline expansion and technology investments.
PhysicsWallah IPO final day: Weak GMP, tepid subscription. Should you consider bidding?
PhysicsWallah’s Rs 3,480 crore IPO entered its final day with weak demand and a subdued grey market premium of just 1.25%. The issue was subscribed only 16% by Day 2 so far, led by retail interest. Analysts remain divided on valuations and growth prospects despite the edtech firm’s profitability and expanding hybrid learning footprint.
PhysicsWallah IPO Day 2: Check GMP movement, subscription update, analyst insights and key highlights
PhysicsWallah’s IPO grey market premium fell to 1.83%, down from 2.75%, over its issue price of ₹109 per share. The IPO remains open for subscription until November 13, with the stock slated to list on the NSE and BSE on November 18.
PhysicsWallah IPO Day 1: Subscription status, GMP trend, Analyst views, and key details
Edtech firm PhysicsWallah’s Rs 3,480 crore IPO opened with 5% subscription on Day 1 and a 2.75% grey market premium. Analysts gave mixed ratings amid strong growth but stretched valuations.
PhysicsWallah’s Rs 3,480 crore IPO opens: here's all you need to know
PhysicsWallah has opened its IPO for subscription, and is set to become India’s first edtech firm to go public after Byju’s collapse. Priced at Rs 103–109 per share, the issue closes on November 13. The shares are expected to list on the NSE and BSE on November 18.
A falling fan and students fighting could put your money at risk if investing in PhysicsWallah IPO
PhysicsWallah's upcoming IPO highlights unusual risks. Incidents like a falling fan and student altercations have tested the edtech firm's reputation. The company is expanding offline, introducing new safety measures. Despite these challenges, the Indian education market offers significant growth potential for PhysicsWallah. The IPO aims to fund further expansion and strengthen its hybrid model.
Goldman Sachs, Fidelity among investors in PhysicsWallah's Rs 1,563 crore anchor round ahead of IPO
Edtech giant PhysicsWallah secured Rs 1,563 crore from anchor investors ahead of its IPO opening. The company's Rs 3,480 crore public offering, set to launch soon, aims to fund expansion, including new centers and technology. Promoters will also offload shares. PhysicsWallah targets a valuation exceeding Rs 31,500 crore.
PhysicsWallah IPO: Alakh Pandey on edtech’s valuation, expanding offline network and more
PhysicsWallah IPO: Edtech unicorn PhysicsWallah, which will launch a Rs 3,480-crore initial public offering (IPO) on November 11, plans to double down on its offline network and diversify into new geographies, particularly in the South. The company, with around 300 offline centres, aims to have a total of 500 centres in three years, Alakh Pandey, cofounder and CEO of PhysicsWallah said.
Alakh Pandey on PhysicsWallah’s IPO; Slice’s losses widen
Happy Friday! PhysicsWallah plans to double down on a bet that can protect it from the vagaries of the online learning space. This and more in today’s ETtech Morning Dispatch.
Ola cuts Q2 losses; PhysicsWallah IPO next week
Ola Electric's losses narrowed as the company's business scaled down. This and more in today's ETtech Top 5.
Indira IVF refiles draft IPO papers via confidential route; Gaudium IVF set to follow
Shares of NSE, currently valued at around Rs 2,250, appear undervalued and potentially attractive at current levels, according to estimates by Axis Securities. The stock also trades at a relatively reasonable valuation when compared to its listed peers, BSE and MCX.
ETtech Explainer: What is confidential IPO filing, and why do startups choose it?
A confidential IPO filing allows a company to submit its IPO registration documents to Sebi without immediate public disclosure of sensitive information. Sebi introduced this mechanism in November 2022 as an alternative route for companies looking to list on the bourses. Confidential filing has been in use in the US, the UK and Canada for a long time.
Edtech bonhomie: Unacademy CEO Gaurav Munjal defends IPO-bound PhysicsWallah
Munjal said he is "privileged" to have PhysicsWallah as a competitor, after angel investor Aniruddha Malpani's critique of the IPO-bound company and coaching industry. The company, cofounded by Alakh Pandey and Prateek Maheshwari, is planning a market debut soon.
PhysicsWallah files draft IPO papers with Sebi via confidential route
Edtech unicorn PhysicsWallah has filed draft IPO papers with capital markets regulator Sebi through a confidential pre-filing route. The confidential pre-filing route allows the company to withhold public disclosure of details under the draft red herring prospectus (DRHP).
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