The telecom ministry has asked smartphone manufacturers to mandatorily preload all new devices with a government cyber security app that users cannot uninstall, Reuters reported on Monday. The order issued by the Department of Telecommunications on Friday gave manufacturers three months for
PhysicsWallah shares make a strong D-St debut, list at 33% premium over IPO price
PhysicsWallah share price: PhysicsWallah shares made a healthy debut on the bourses on Tuesday, listing at a 33% premium on the NSE at Rs 145 against the issue price of Rs 109. On the BSE, the edtech player listed at Rs 143.10, up 31%.
The Rs 3,481 crore IPO comprised a Rs 3,100.71 crore fresh issue and a Rs 380 crore OFS. The public subscription window ran from November 11–13, with allotments finalised on November 14.
The company raised Rs 1,563 crore from anchor investors on November 10, signalling strong institutional confidence. The anchor book included 14.33 crore shares, with the mandatory lock-in extending through mid-December and mid-February for the two tranches.
Subscription trends
Overall subscription closed at 1.92 times, driven primarily by QIBs at 2.86 times. Retail investors subscribed 1.14 times, while the NII segment ended weak at 0.51 times, indicating limited HNI appetite. The employee quota saw strong interest at 3.71 times, supported by a Rs 10 discount on the issue price.About the company
PhysicsWallah, founded by Alakh Pandey, offers test-prep courses for competitive exams and is among India's top five edtech firms by revenue. As of June 30, 2025, the company had 4.13 million online transacting users, 0.33 million offline students, 303 hybrid/physical centres, 6,267 faculty members and over 13.7 million YouTube subscribers.Revenue rose 51% in FY25 to Rs 3,039 crore, while net loss narrowed to Rs 243 crore from Rs 1,131 crore a year earlier. EBITDA turned positive at Rs 193.20 crore, signalling improving operating leverage.
The IPO proceeds will fund the expansion of offline centres, lease payments, cloud infrastructure, marketing and acquisitions, a capital-intensive plan that underscores PhysicsWallah's pivot toward a hybrid model. Nearly Rs 710 crore will be allocated to marketing, while Rs 941 crore is earmarked for acquisitions, highlighting the company's ambition to consolidate in a crowded edtech market.
The listing outlook remains mildly positive, supported by strong QIB bids and anchor participation, though the weak NII response suggests limited speculative enthusiasm. The real test will be whether the company can sustain visibility in a cyclical edtech landscape and execute its large offline expansion efficiently.
Source: EconomicTimes
Related Posts: Bumper Debut! Meesho share price lists at solid 46% premium over IPO price Anand Rathi Share Stock Makes Modest Debut Today Alaya F And Pooja Bedi Share Super Healthy High-Protein Blueberry Pancake Recipe Meet Director Who Made His Acting Debut In His Own Film Did you know Detective Sherdil producer made his OTT debut with THIS film PhysicsWallah IPO Listing Price Prediction Healthy Vegetarian Galouti Kebab Made With Kala Channa Packs A Protein Punch Mahindra BO7 Electric SUV Targets 2027 India Debut – Key Price And Range Details 2026 Kia Seltos India debut tomorrow — expected price PhysicsWallah Shares To List Today
The telecom ministry has asked smartphone manufacturers to mandatorily preload all new devices with a government cyber security app that users cannot uninstall, Reuters reported on Monday. The order issued by the Department of Telecommunications on Friday gave manufacturers three months for
3 months ago
