PhysicsWallah IPO — Date, Price Band, GMP & Allotment 2025
PhysicsWallah is planning to launch its IPO soon. The company started as a YouTube channel by Alakh Pandey and later became one of India’s fastest-growing edtech platforms. It provides affordable coaching for JEE, NEET, and other competitive exams. Through this IPO, PhysicsWallah aims to raise funds for expansion, technology improvement, and strengthening its offline centers across India.
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IPO GMP
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Stock Price
As the IPO is listed, here is the Live Share Price for PhysicsWallah
IPO Summary
What is the PhysicsWallah IPO Timetable?
Track the IPO schedule and key events.
| Event | Date | Day |
|---|---|---|
| IPO Open Date | 11 Nov, 2025 | Tuesday |
| IPO Close Date | 13 Nov, 2025 | Thursday |
| Basis of Allotment | 14 Nov, 2025 | Friday |
| Refunds Initiated | 17 Nov, 2025 | Monday |
| Credit to Demat | 17 Nov, 2025 | Monday |
| Listing Date | 18 Nov, 2025 | Tuesday |
About PhysicsWallah
The company provides a wide range of products and services including live online classes, recorded lectures, study materials, test series, and offline coaching centers under its hybrid model. Its business model focuses on affordability and scale, targeting students from Tier 2 and Tier 3 cities by offering quality education at competitive prices. Revenue is primarily generated through course subscriptions, app-based learning programs, and offline center enrollments, while maintaining a strong digital presence to reach millions of learners nationwide.
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PhysicsWallah Key Performance Indicators (KPIs)
Objects of the Issue
| Issue Object | Estimate Amount |
|---|---|
| Capital expenditure for fit-outs of new offline and hybrid centers of our Company | ₹460.55 Cr. |
| Expenditure towards lease payments of existing identified offline and hybrid centers operated by our Company | ₹548.31 Cr. |
| Capital expenditure for fit-outs of new offline centers of Xylem | ₹31.65 Cr. |
| Lease payments for Xylem’s existing identified offline centers and hostels | ₹15.52 Cr. |
| Investment in our Subsidiary, Utkarsh Classes & Edutech Private Limited for expenditure towards lease payments for Utkarsh Classes’ existing identified offline centers | ₹28.00 Cr. |
| Expenditure towards server and cloud related infrastructure costs | ₹200.11 Cr. |
| Expenditure towards marketing initiatives | ₹710.00 Cr. |
| Acquisition of additional shareholding in our Subsidiary, Utkarsh Classes & Edutech Private Limited | ₹26.50 Cr. |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ₹941.15 Cr. |
Company Financials
The PhysicsWallah company's financial performance (in ₹ Cr.) is summarized below:
| Metric | 30 Jun 2025b | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 905.41 | 3,039.09 | 2,015.35 |
| OPM % | 1.4 | ||
| EBITDA | -21.22 | 193.20 | -829.35 |
| Net Profit | -127.01 | -243.26 | -1,131.13 |
| Debt | 1.55 | 0.33 | 1,687.40 |
| Assets | 5,075.67 | 4,156.38 | 2,480.74 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Promoters and Shareholding Details
Promoter holding details will be updated as soon as they are officially announced.
Frequently Asked Questions
What is the GMP of PhysicsWallah?
The current Grey Market Premium (GMP) of PhysicsWallah is ₹ 0.
What is the PhysicsWallah IPO Price Band?
The price band for PhysicsWallah IPO is ₹103 to ₹109.
When is the PhysicsWallah IPO Allotment?
The allotment date for PhysicsWallah IPO is November 14, 2025.
How to check PhysicsWallah IPO Allotment Status?
You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Pvt. Ltd. (formerly Link Intime)).
Official Documents
Company Contact Details
PhysicsWallah
B 8, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh, 201309
+91 9289926531
Registrar
MUFG Intime India Pvt. Ltd. (formerly Link Intime)
Book Running Lead Manager
Kotak Mahindra Capital Co.Ltd.
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