PhysicsWallah IPO: The allotment of shares in edtech company Physics Wallah IPO is going to happen today, Friday, 14th November. The company’s shares will be listed on BSE and National Stock Exchange on Tuesday, November 18. A day before this i.e. on 17th November, the process of crediting shares in the demat accounts of the bidders will start.

Lots of bids received for IPO

Thursday was the last day of bidding for this Rs 3480 crore IPO (fresh issue of Rs 3100 crore and offer for sale of Rs 380 crore), which opened on November 11, and during this time it was completely subscribed. According to BSE data, investors showed a lot of interest in the IPO. The IPO received bids for 33,62,27,044 shares against 18,62,04,143 shares, making it overall subscribed 1.81 times. Qualified Institutional Buyers (QIBs) remained at the forefront by quoting 2.70 times more. After this, 1.06 times the share was booked for Retail Individual Investors (RIIs) and non-institutional investors booked their quota more than 0.4 times.

How to check status on BSE

First of all go to the official website of BSE https://www.bseindia.com/investors/appli_check.aspx.

Select ‘Equity’ in ‘Issue Type’.

Select ‘PhysicsWallah Limited’ from the ‘Issue Name’ dropdown list.

Enter your Application Number or PAN Number.

Verify the captcha and click on ‘Search’, you will see your allotment status.

How to check status on NSE?

First visit NSE’s IPO application tracking page https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
Go to.

Click on ‘Equity and SME IPO Bid Details’ there.

Select ‘PHYSICS’ as the issue symbol from the list.

Fill the details like Application Number and PAN.

After submitting, you will see the allotment status on the screen.

How to check status on MUFG Intime?

First of all go to the official website of MUFG Intime https://in.mpms.mufg.com/Initial_Offer/public-issues.html.

Then type the company name ‘PhysicsWallah Ltd’ in the dropdown.

Fill any one of the information like PAN, Application Number, DP ID/Client ID or Bank Account Number.

Finally, click on the ‘Search’ button to know your allotment status.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read:

How Manoj Gaur, former chairman of JP Group, came on ED’s radar, from business to arrest…full story

PhysicsWallah IPO: Edtech firm PhysicsWallah’s IPO of Rs 3480 is going to be launched on November 11. The company has fixed the price band for the IPO at Rs 103-109 per share. This issue will close on 13 November.

With the announcement of the price band, both the founders of the company, Alakh Pandey and Prateek Boob have joined the list of billionaires. Both have 40.31 percent stake in the company, which is equal to 105.12 crore shares. Thus, according to the upper price band of the IPO, the value of their individual stake in the company is Rs 11,458 crore or about $ 1.29 billion.

IPO divided into two parts

Physicswala’s public issue is divided into two parts – it includes a fresh issue of Rs 3,100 crore as well as an offer-for-sale of Rs 380 crore. This means that some part of the money raised from the IPO will also go to the company, which the company will use for its growth.

It has been stated in the company’s Draft Red Herring Prospectus (DRHP) that the company had acquired its stake from both the founders at a very low price. After being allotted bonus shares in the ratio of 35:1 in March 2025, his personal stake increased from 3 crore shares to the current level by June 2024, when he held 50 per cent of the company.

Other investors include

Other investors in Physicswala include WestBridge AIF with 6.4% stake (16.8 crore shares), valued at Rs 1,820 crore, Hornbill Capital Partners with 4.41% stake (11.52 crore shares), valued at Rs 1,255 crore, Lightspeed Opportunity Fund with 4.66 crore shares (Rs 509 crore). And Setu AIF Trust holds 3.64 crore shares (Rs 396 crore). Its valuation at the upper price band of the company comes to Rs 31,170 crore. The company wants to expand further through IPO.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read:

This powerful IPO of Rs 3480 crore is opening on 11th November, know till when will you be able to place bets?

PhysicsWallah IPO: The IPO of the country’s well-known online education platform Physicswallah is going to open next week on 11th November. To launch this IPO of Rs 3480 crore, Red Herring Prospectus (RHP) has been submitted to the Registrar of Companies. Anchor investors will be able to bid for this on November 10. Bets can be placed in the issue till November 13. Shares will be allotted by 14th November, while from 18th November the shares will be listed on BSE and NSE.

Including both fresh issue and OFS

Let us tell you that Physicswala is an education platform, which provides preparation for competitive exams both online and offline. The company’s IPO has both fresh issue and offer-for-sale. New shares worth Rs 3,100 crore will be issued in this issue, while promoters like Alakh Pandey and Prateek Boob will sell shares worth Rs 380 crore under the OFS window.

According to media reports, Alakh Pandey and Prateek Boob will sell shares worth Rs 190 crore through OFS. Both of them currently have 40.31 percent stake in the company. This Noida-based company had filed draft papers for the IPO with SEBI in March through the confidential pre-filing route and after getting the green signal from market regulator SEBI in July, the company submitted an updated DRHP in the month of September before submitting the RHP.

What will the company do with the money?

Physicswala has said that out of the amount raised from the IPO, Rs 460.5 crore will be spent on building new offline and hybrid centers and Rs 548.3 crore will be spent on lease payments. Apart from this, Rs 47.2 crore will also be invested in the subsidiary company Xylem Learning. Of these, Rs 31.6 crore are spent on new centers and Rs 15.5 crore are spent on lease payments and hostels.

Rs 33.7 crore will be given to Utkarsh Classes and Edutech for lease payment of its centres. Apart from this, Rs 200.1 crore is to be spent for server and cloud infrastructure, Rs 710 crore in marketing and Rs 26.5 crore to buy additional stake in Utkarsh Classes.

The journey started in 2020

Alakh Pandey and Prateek Maheshwari started Physicswala in 2020 as an edtech platform. First of all, he provides preparation for NEET, JEE Mains, NCERT and BITSAT through his YouTube channel. During that time, previous years’ question papers of these exams were made available to help the students so that they could prepare accordingly. Today the number of its registered students is more than 35 lakh. It has more than 78 lakh subscribers on YouTube. The rating of the app is also 4.8.

Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read:

Impact of American injury! India is going to make huge cut in Russian crude oil by the end of November

PhysicsWallah IPO: The country’s first Edtech company Physicswallah is going to enter the stock market. The company headed by Alakh Pandey has submitted draft papers to the market regulator SEBI to launch its IPO. According to this updated draft Red Herring Prospectus (UDRHP) submitted on Saturday, shares of up to Rs 720 crore will be sold in the proposed IPO under new equity share and offer for sale (offs) window of Rs 3,100 crore.

Both promoters will sell shares

Both promoters of the company Alakh Pandey and Prateek Boob will sell shares worth Rs 360 crore through OFS. At present, both have a stake of 40.35-40.35 percent in the company. Overall, Physicswallah is going to be debuted soon in the stock market.

The Noida company filed draft papers for IPOs through a confidential pre-filing route near SEBI in March and got the approval of the market regulator in July. After this, companies are required to file an updated DRHP before filing RHP. Since the company chose the path of confidential pre-filing, which does not require public disclosure of IPO details. This route is becoming popular among Indian firms nowadays.

In which work will be the use of money?

Physicswala said that out of the money received from the new issue, Rs 460.5 crore will be spent in creating new offline and hybrid centers and Rs 548.3 crore will be used for lease payment of existing centers. Physics will invest Rs 47.2 crore in its subsidiary Zilem Learning, including Rs 31.6 crore for new centers and Rs 15.5 crore for payment of lease and hostels. Apart from this, Rs 33.7 crore will be given to Utkarsh Classes and Adutek for lease payment of its centers, Rs 200.1 crore for server and cloud infrastructure, Rs 710 crore for marketing and Rs 26.5 crore is planned to be spent in purchasing additional stakes in Utkarsh Classes.

Disclaimer: (Here information provided is being given only for information. It is necessary to tell here that the investment market in the market is subject to risks. Always consult experts before investing money as investors. Abplive.com There is never advice to invest money from any side.)

Also read:

This IPO is spreading in the gray market, the indication of 107 percent benefit; Learn when it is being launched?