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  1. PhysicsWallah IPO subscribed 1.79 times so far on Day 3: Check allotment date and steps

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PhysicsWallah IPO subscribed 1.79 times so far on Day 3: Check allotment date and steps

Kamal Joshi

3 min read | Updated on November 13, 2025, 15:44 IST

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SUMMARY

PhysicsWallah IPO Day 3: The ₹3,480 crore book-build issue is a mix of a fresh issuance of ₹3,100 crore and an offer for sale of ₹380 crore by promoters Alakh Pandey and Prateek Boob. The fresh issue proceeds will be used for the company's expansion and growth initiatives.

PhysicsWallah offers test preparation courses for competitive exams, including JEE, UPSC, NEET and GATE. | Image: pw.live

PhysicsWallah offers test preparation courses for competitive exams, including JEE, UPSC, NEET and GATE. | Image: pw.live

PhysicsWallah IPO: The initial public offering of educational technology company PhysicsWallah has been subscribed 1.79 times so far on the final day of bidding on Thursday, November 13.

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It got bids for 33,30,85,908 shares as against 18,62,04,143 shares on offer, according to NSE data until 3:43 pm.

The retail individual investors (RIIs) category attracted 99% subscription, while the part for non-institutional investors (NIIs) was subscribed 47%. The qualified institutional buyers (QIBs) quota was booked 2.70 times.

The ₹3,480 crore book-build issue is a mix of a fresh issuance of ₹3,100 crore and an offer for sale of ₹380 crore by promoters Alakh Pandey and Prateek Boob. The fresh issue proceeds will be used for the company's expansion and growth initiatives.

Edtech platform Physicswallah offers test preparation courses for competitive examinations such as UPSC, NEET and JEET and upskilling courses like banking and finance, data science and analytics and software development.

PhysicsWallah IPO: Allotment and listing dates

The basis of allotment of the PhysicsWallah IPO is likely to be finalised on Friday, November 14. The company's shares will make their market debut on November 18.

Steps to check PhysicsWallah IPO allotment status on NSE

How to check PhysicsWallah IPO allotment status on BSE

  • Visit BSE's IPO status page: https://bseindia.com/investors/appli_check.aspx
  • The issue type should be kept as 'Equity'
  • Select ‘PhysicsWallah Limited’ from the IPO names
  • Fill in PAN or IPO application number
  • Click on the ‘Search’ button

PhysicsWallah IPO allotment status on MUFG Intime India

PhysicsWallah IPO GMP

According to media reports and investorgain.com, unlisted shares of PhysicsWallah are trading at ₹110.25, reflecting a grey market premium of 1.15%, or ₹1.25, over the upper price band of ₹109.
Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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