That is a very timely question! PhysicsWallah Limited (PW) is launching its Initial Public Offering (IPO) this week.
Here are the key details for the PhysicsWallah IPO:
📅 IPO Key Dates
| Activity | Date (Confirmed) |
| Open Date | Tuesday, November 11, 2025 |
| Close Date | Thursday, November 13, 2025 |
| Allotment Finalization | Friday, November 14, 2025 |
| Listing Date (BSE & NSE) | Tuesday, November 18, 2025 |
💰 Price, Lot Size, and Investment Details
| Detail | Specification |
| Price Band | ₹103 to ₹109 per equity share |
| Face Value | ₹1 per share |
| Total Issue Size | ₹3,480.00 Crores |
| Fresh Issue | ₹3,100.00 Crores |
| Offer For Sale (OFS) | ₹380.00 Crores (by co-founders Alakh Pandey and Prateek Boob) |
| Retail Lot Size | 137 Shares |
| Minimum Investment (Retail) | ₹14,933 (at upper price band) |
🎯 Purpose of the IPO
The net proceeds from the fresh issue component are planned for aggressive expansion and growth initiatives, including:
Capital expenditure for fitting out new offline and hybrid centres (PW Vidyapeeth/Pathshala).
Funding lease payments for existing centres.
Investment in server and cloud infrastructure costs.
Marketing initiatives and brand building.
Funding strategic acquisitions and general corporate purposes.
📰 Latest Market Buzz
Pre-IPO Investment: Global investment firm Think Investments recently acquired a stake in the company from employees at a price of ₹127 per share, which is about a 17% premium over the IPO's upper price band, signaling strong institutional confidence.
Financials: The company has seen significant revenue growth but is currently loss-making, although its losses have narrowed sharply from the previous fiscal year, which is a key focus for investors.