PhysicsWallah, the EdTech startup, announced its IPO opening on November 11, 2025, with a price band of ₹103–109 per share and a lot size of 137 shares. The company focuses on affordable online education for K-12 and competitive exams. Its revenue in FY25 reached ₹420 crore, with a net profit of ₹72 crore. Investors are observing subscription trends and demand from retail and institutional participants, while analysts evaluate its growth potential amid rising competition in the EdTech sector and ongoing adoption of online learning platforms.