PhysicsWallah share price: The stock is currently nearly 34% higher than its IPO price of Rs 109 per share. However, it is only marginally higher that is listing price.
Stocks to Watch, 09 December: Stocks like Physicswallah, Fujiyama Power Systems, Mahindra and Mahindra, Larsen & Toubro, Siemens, ICICI Bank, InterGlobe Aviation IndiGo, Welspun Corp, Dredging Corporation of India, Neochem Bio Solutions, and Helloji Holidays will be in focus on December 9.
Total expenses for the Noida-based firm increased 25 percent to Rs 999.6 crore in the quarter ended September, up from Rs 800 crore a year ago and Rs 1,054.2 crore a quarter ago.
PhysicsWallah share price: Despite the sharp losses, the stock is still more than 20% higher than the IPO price of Rs 109 apiece.
PhysicsWallah IPO share market debut was better than the expectations in the grey market, which had expected a nearly 13 percent listing gains.
Stocks to Watch, 18 November: Stocks like Emcure Pharmaceuticals, AstraZeneca Pharma India, WPIL, JSW Cement, Nuvoco Vistas Corporation, Indokem, JSW Energy, Tata Power Company, 5paisa Capital, Onesource Specialty Pharma, Physicswallah, and Emmvee Photovoltaic Power will be in focus on November 18.
PhysicsWallah's Rs 3,480-crore IPO was subscribed nearly two times during the November 11–13 issue period.
Affordable education, expanding offline network and improving margins to drive next leg of growth, says Co-founder Prateek Maheshwari
Brokerages see PhysicsWallah’s IPO as a scale-driven growth story with a strong franchise in India’s test-prep market, but advise investors to stay cautious until earnings stability and sustainable margins emerge.
The company’s expansion story is encouraging, but profitability and valuations remain a concern
PhysicsWallah IPO | The company approached capital markets to raise Rs 3,100 crore via fresh shares and Rs 380 crore through offer-for-sale route.
PhysicsWallah IPO | The company is preparing to launch its Rs 3,480-crore initial public offering (IPO), opening on November 11.
Tenneco Clean Air India, part of the US-based Tenneco Group, has announced a price band of Rs 378–397 per share for its Rs 3,600-crore IPO.
The premiums on these IPOs have increased in the range of Rs 5–20 per share, reflecting strong investor demand for the companies’ stock ahead of listing.
PhysicsWallah IPO share allotment is expected to be finalised on November 14, and the company is likely to make its stock market debut on November 18.
Physicswallah IPO | The company is raising Rs 3,100 crore by issuing fresh shares, while promoters Alakh Pandey, and Prateek Boob will be selling shares worth Rs 380 crore via offer-for-sale.
The WestBridge Capital LLP and Hornbill Capital Partner-backed company has met potential investors and the deal could launch in the next few weeks
The list of technology companies planning to tap the IPO markets includes companies such as Groww, Lenskart, Meesho, Pine Labs, Fractal Analytics and PhysicsWallah.
Edtech unicorn’s Rs 3,820 crore IPO draft reveals bizarre and serious safety breaches at offline centres; Zerodha calls it a surreal risk disclosure.
Backed by WestBridge, Hornbill and GSV Ventures, the edtech firm has doubled down on offline centres and acquisitions even as rising employee costs, high attrition, and loss-making subsidiaries test its balance sheet.
Offline centres now contribute nearly half of PhysicsWallah’s topline, underscoring its shift into a hybrid model.
Indian IPO market, which had a slow start to the year, has recently gained traction, with about 10 company listings on the bourses in July so far and three more IPOs currently open
The move makes PhysicsWallah the seventh major Indian firm opting for the confidential pre-filing route after Tata Play, Oyo, Swiggy, Vishal Mega Mart, Credila Financial Services and Indira IVF
The company draws as much as 55 percent of its business from online channels, with the remaining coming from its offline Vidyapeeth centers
To support her further, PhysicsWallah CEO Alakh Pandey gifted Niyanshi a laptop and encouraged her to continue her studies.