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PhysicsWallah launches Rs 3,480 crore IPO on November 11 with ₹103-109 band
PhysicsWallah opens a ₹3,480 crore IPO at ₹103-109/share on 11 Nov, targeting a valuation around ₹31,500 crore and marking a key listing event.
Ed-tech unicorn PhysicsWallah is set to open its initial public offering (IPO) on 11 November 2025, aiming to raise ₹3,480 crore at a price band of ₹103-109 per share. At the upper band, the company expects a post-money valuation near ₹31,500 crore, marking about 35% edge over its last funding round valuation.
The public issue comes amid increased investor interest in ed-tech and online learning platforms and signals confidence in India’s primary-market momentum despite macro challenges.