Mumbai: PhysicsWallah Limited are coming out with their IPO priced at Rs 103 and Rs 109 per equity share – aggregating to Rs 3,480 crores – which will open on November 11, 2025 and close on November 13, 2025.
The issue will be listed on the BSE and NSE.
Alakh Pandey, Founder, CEO and whole-time director, said the issue is a combination of fresh issue of 28.44 crore shares (Rs 3,100 crores) and Offer for Sale of 3.49 crore shares (Rs 380.00 crores.)
Describing the Company as having 200 Youtube channels, Prateek Maheshwari, Cofounder and whole-time director, said its 300 centers catered to 45 lakh students in 2024 itself with 93% online and 7% offline, and 80% accuracy in solving 80-85% doubts of students (thru AI).
While the company charges barely 1/20th of competitors rates, it has also prepared DIY (Do-It-Yourself) kits for its students, he added.
Kotak Mahindra Capital Company Limited, JP Morgan India Private Limited, Goldman Sachs India securities Private Limited and Axis capital Limited are the Book Running Lead Managers to the Issue.


