{"id":9976,"date":"2025-11-10T10:13:54","date_gmt":"2025-11-10T04:43:54","guid":{"rendered":"https:\/\/tradesmartonline.in\/blog\/?p=9976"},"modified":"2025-11-10T10:13:54","modified_gmt":"2025-11-10T04:43:54","slug":"physicswallah-ipo-gmp","status":"publish","type":"post","link":"https:\/\/designingprojectmanagement.com\/blog\/physicswallah-ipo-gmp\/","title":{"rendered":"PhysicsWallah IPO GMP, Price Band, Key Dates &#038; Financials"},"content":{"rendered":"<h2 data-start=\"149\" data-end=\"205\"><span style=\"font-size: 14pt;\"><strong>PhysicsWallah IPO \u2013 An Overview and Company Insight<\/strong><\/span><\/h2>\n<p data-start=\"206\" data-end=\"1113\">PhysicsWallah IPO GMP is already gaining traction in investor circles as this ed-tech unicorn prepares to step into India\u2019s public markets. PhysicsWallah Ltd, founded by Alakh Pandey and Prateek Boob, started as a YouTube channel offering affordable competitive-exam coaching, and has grown into a multi-format education company offering online, hybrid and offline courses for JEE, NEET, UPSC, skill-up courses and more.<br data-start=\"630\" data-end=\"633\" \/>The upcoming IPO is structured as a mix of fresh issue + Offer for Sale (OFS). The fresh issue is intended to fund expansion of offline\/hybrid centres, cloud\/tech infrastructure, marketing and brand building, while promoters are selling part of their stake via the OFS. With its strong brand, large addressable market (India\u2019s test-prep + upskilling space), and improved financials, PhysicsWallah\u2019s public listing is poised to be one of the marquee IPOs in the education sector.<\/p>\n<hr data-start=\"1115\" data-end=\"1118\" \/>\n<h2 data-start=\"1120\" data-end=\"1170\"><span style=\"font-size: 14pt;\"><strong>PhysicsWallah IPO \u2013 Grey Market Premium (GMP)<\/strong><\/span><\/h2>\n<p data-start=\"1171\" data-end=\"1664\">In the grey market, PhysicsWallah IPO GMP is showing early signs of positive sentiment. Reports indicate that at the upper end of the price band the premium is around <strong data-start=\"1342\" data-end=\"1361\">\u20b97\u2013\u20b99 per share<\/strong>, which implies listing gains of roughly <strong data-start=\"1402\" data-end=\"1411\">6-8 %<\/strong> if this holds. Given the large issue size and hybrid business model (online + offline), the actual listing performance will hinge on subscription levels, anchor investor interest and the broader ed-tech sentiment.<\/p>\n<p data-start=\"1171\" data-end=\"1664\"><br data-start=\"1625\" data-end=\"1628\" \/><strong data-start=\"1628\" data-end=\"1662\">Grey Market Premium \u2013 Snapshot<\/strong><\/p>\n<div class=\"_tableContainer_1rjym_1\">\n<div class=\"group _tableWrapper_1rjym_13 flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"1665\" data-end=\"2299\">\n<thead data-start=\"1665\" data-end=\"1737\">\n<tr data-start=\"1665\" data-end=\"1737\">\n<th style=\"text-align: center;\" data-start=\"1665\" data-end=\"1691\" data-col-size=\"sm\"><strong>Metric<\/strong><\/th>\n<th style=\"text-align: center;\" data-start=\"1691\" data-end=\"1737\" data-col-size=\"md\"><strong>Estimate \/ Observation<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"1811\" data-end=\"2299\">\n<tr data-start=\"1811\" data-end=\"1883\">\n<td data-start=\"1811\" data-end=\"1837\" data-col-size=\"sm\">Reported GMP<\/td>\n<td data-start=\"1837\" data-end=\"1883\" data-col-size=\"md\">~ \u20b97\u20139 above upper price band<\/td>\n<\/tr>\n<tr data-start=\"1884\" data-end=\"1956\">\n<td data-start=\"1884\" data-end=\"1910\" data-col-size=\"sm\">Upper Price Band<\/td>\n<td data-start=\"1910\" data-end=\"1956\" data-col-size=\"md\">\u20b9 109 per share<\/td>\n<\/tr>\n<tr data-start=\"1957\" data-end=\"2029\">\n<td data-start=\"1957\" data-end=\"1983\" data-col-size=\"sm\">Implied Listing Price<\/td>\n<td data-col-size=\"md\" data-start=\"1983\" data-end=\"2029\">~ \u20b9116-118 per share<\/td>\n<\/tr>\n<tr data-start=\"2030\" data-end=\"2102\">\n<td data-start=\"2030\" data-end=\"2056\" data-col-size=\"sm\">Implied Gain<\/td>\n<td data-col-size=\"md\" data-start=\"2056\" data-end=\"2102\">~ 6-8 %<\/td>\n<\/tr>\n<tr data-start=\"2103\" data-end=\"2193\">\n<td data-start=\"2103\" data-end=\"2129\" data-col-size=\"sm\">Key Drivers<\/td>\n<td data-start=\"2129\" data-end=\"2193\" data-col-size=\"md\">Brand strength, growth opportunity, unique value proposition<\/td>\n<\/tr>\n<tr data-start=\"2194\" data-end=\"2299\">\n<td data-start=\"2194\" data-end=\"2220\" data-col-size=\"sm\">Key Risks<\/td>\n<td data-start=\"2220\" data-end=\"2299\" data-col-size=\"md\">Large issue size, execution of offline expansion, highly competitive sector<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"h-physicswallah-ipo-gmp-live-rates-nbsp-day-by-day-with-kostak-rates\" class=\"wp-block-heading\"><span style=\"font-size: 14pt;\"><strong>PhysicsWallah IPO GMP\u00a0<\/strong><\/span><\/h2>\n<figure class=\"wp-block-table has-medium-font-size\">\n<table>\n<tbody>\n<tr>\n<td class=\"has-text-align-center\" style=\"text-align: center;\" data-align=\"center\"><strong>Date<\/strong><\/td>\n<td class=\"has-text-align-center\" style=\"text-align: center;\" data-align=\"center\"><strong>IPO GMP<\/strong><\/td>\n<td class=\"has-text-align-center\" style=\"text-align: center;\" data-align=\"center\"><strong>GMP Trend<\/strong><\/td>\n<td class=\"has-text-align-center\" style=\"text-align: center;\" data-align=\"center\"><strong>Gain<\/strong><\/td>\n<\/tr>\n<tr>\n<td class=\"has-text-align-center\" data-align=\"center\">Today<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">\u20b94<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><img decoding=\"async\" class=\"lazy entered loaded\" src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" alt=\"IPO GMP Down\" width=\"20\" height=\"23\" data-src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" data-ll-status=\"loaded\" \/><\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">3.66%<\/td>\n<\/tr>\n<tr>\n<td class=\"has-text-align-center\" data-align=\"center\">8 Nov<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">\u20b95<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><img decoding=\"async\" class=\"lazy entered loaded\" src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" alt=\"IPO GMP Down\" width=\"20\" height=\"23\" data-src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" data-ll-status=\"loaded\" \/><\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">4.58%<\/td>\n<\/tr>\n<tr>\n<td class=\"has-text-align-center\" data-align=\"center\">7 Nov<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">\u20b95<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><img decoding=\"async\" class=\"lazy entered loaded\" src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" alt=\"IPO GMP Down\" width=\"20\" height=\"23\" data-src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/down-arrow.png\" data-ll-status=\"loaded\" \/><\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">4.58%<\/td>\n<\/tr>\n<tr>\n<td class=\"has-text-align-center\" data-align=\"center\">6 Nov<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">\u20b99<\/td>\n<td class=\"has-text-align-center\" data-align=\"center\"><img decoding=\"async\" class=\"wp-image-71400 lazy entered loaded\" src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/up-arrow.png\" alt=\"IPO GMP UP\" width=\"20\" height=\"23\" data-src=\"https:\/\/ipowatch.in\/wp-content\/uploads\/2024\/10\/up-arrow.png\" data-ll-status=\"loaded\" \/><\/td>\n<td class=\"has-text-align-center\" data-align=\"center\">8.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<\/div>\n<\/div>\n<hr data-start=\"2301\" data-end=\"2304\" \/>\n<h3 data-start=\"2306\" data-end=\"2359\"><span style=\"font-size: 14pt;\"><strong>Pricing Details and Lot Size \u2013 PhysicsWallah IPO<\/strong><\/span><\/h3>\n<ul data-start=\"2360\" data-end=\"2737\">\n<li data-start=\"2360\" data-end=\"2423\">\n<p data-start=\"2362\" data-end=\"2423\"><strong data-start=\"2362\" data-end=\"2377\">Price Band:<\/strong> \u20b9 103 to \u20b9 109 per share (face value Re. 1)<\/p>\n<\/li>\n<li data-start=\"2424\" data-end=\"2460\">\n<p data-start=\"2426\" data-end=\"2460\"><strong data-start=\"2426\" data-end=\"2447\">Minimum Lot Size:<\/strong> 137 shares<\/p>\n<\/li>\n<li data-start=\"2461\" data-end=\"2549\">\n<p data-start=\"2463\" data-end=\"2549\"><strong data-start=\"2463\" data-end=\"2493\">Minimum Retail Investment:<\/strong> At the upper band price, 137 \u00d7 \u20b9 109 = ~ <strong data-start=\"2535\" data-end=\"2547\">\u20b9 14,933<\/strong><\/p>\n<\/li>\n<li data-start=\"2550\" data-end=\"2659\">\n<p data-start=\"2552\" data-end=\"2659\"><strong data-start=\"2552\" data-end=\"2574\">Issue Composition:<\/strong> Fresh issue ~ \u20b9 3,100 crore + Offer for Sale ~ \u20b9 380 crore (total ~ \u20b9 3,480 crore)<\/p>\n<\/li>\n<li data-start=\"2660\" data-end=\"2737\">\n<p data-start=\"2662\" data-end=\"2737\"><strong data-start=\"2662\" data-end=\"2677\">Allocation:<\/strong> Typically QIBs ~ 75 %, retail ~ 10-15 %, NIIs ~ remainder<\/p>\n<\/li>\n<\/ul>\n<div class=\"_tableContainer_1rjym_1\">\n<div class=\"group _tableWrapper_1rjym_13 flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"2759\" data-end=\"3354\">\n<thead data-start=\"2759\" data-end=\"2831\">\n<tr data-start=\"2759\" data-end=\"2831\">\n<th style=\"text-align: center;\" data-start=\"2759\" data-end=\"2786\" data-col-size=\"sm\"><strong>Parameter<\/strong><\/th>\n<th style=\"text-align: center;\" data-start=\"2786\" data-end=\"2831\" data-col-size=\"sm\"><strong>Detail<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2907\" data-end=\"3354\">\n<tr data-start=\"2907\" data-end=\"2980\">\n<td data-start=\"2907\" data-end=\"2934\" data-col-size=\"sm\">Price Band<\/td>\n<td data-col-size=\"sm\" data-start=\"2934\" data-end=\"2980\">\u20b9 103 \u2013 \u20b9 109 per share<\/td>\n<\/tr>\n<tr data-start=\"2981\" data-end=\"3054\">\n<td data-start=\"2981\" data-end=\"3008\" data-col-size=\"sm\">Face Value<\/td>\n<td data-start=\"3008\" data-end=\"3054\" data-col-size=\"sm\">Re. 1 per share<\/td>\n<\/tr>\n<tr data-start=\"3055\" data-end=\"3129\">\n<td data-start=\"3055\" data-end=\"3082\" data-col-size=\"sm\">Minimum Lot Size<\/td>\n<td data-start=\"3082\" data-end=\"3129\" data-col-size=\"sm\">137 shares<\/td>\n<\/tr>\n<tr data-start=\"3130\" data-end=\"3204\">\n<td data-start=\"3130\" data-end=\"3157\" data-col-size=\"sm\">Minimum Retail Investment<\/td>\n<td data-start=\"3157\" data-end=\"3204\" data-col-size=\"sm\">~ \u20b9 14,933<\/td>\n<\/tr>\n<tr data-start=\"3205\" data-end=\"3279\">\n<td data-start=\"3205\" data-end=\"3232\" data-col-size=\"sm\">Fresh Issue<\/td>\n<td data-col-size=\"sm\" data-start=\"3232\" data-end=\"3279\">~ \u20b9 3,100 crore<\/td>\n<\/tr>\n<tr data-start=\"3280\" data-end=\"3354\">\n<td data-start=\"3280\" data-end=\"3307\" data-col-size=\"sm\">OFS<\/td>\n<td data-col-size=\"sm\" data-start=\"3307\" data-end=\"3354\">~ \u20b9 380 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<hr data-start=\"3356\" data-end=\"3359\" \/>\n<h4 data-start=\"3361\" data-end=\"3411\"><span style=\"font-size: 14pt;\"><strong>IPO Timelines at a Glance \u2013 PhysicsWallah IPO<\/strong><\/span><\/h4>\n<div class=\"_tableContainer_1rjym_1\">\n<div class=\"group _tableWrapper_1rjym_13 flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"3412\" data-end=\"3787\">\n<thead data-start=\"3412\" data-end=\"3471\">\n<tr data-start=\"3412\" data-end=\"3471\">\n<th style=\"text-align: center;\" data-start=\"3412\" data-end=\"3445\" data-col-size=\"sm\">Event<\/th>\n<th style=\"text-align: center;\" data-start=\"3445\" data-end=\"3471\" data-col-size=\"sm\">Date<\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"3536\" data-end=\"3787\">\n<tr data-start=\"3536\" data-end=\"3598\">\n<td data-start=\"3536\" data-end=\"3569\" data-col-size=\"sm\">IPO Opens<\/td>\n<td data-start=\"3569\" data-end=\"3598\" data-col-size=\"sm\">11 November 2025<\/td>\n<\/tr>\n<tr data-start=\"3599\" data-end=\"3661\">\n<td data-start=\"3599\" data-end=\"3632\" data-col-size=\"sm\">IPO Closes<\/td>\n<td data-col-size=\"sm\" data-start=\"3632\" data-end=\"3661\">13 November 2025<\/td>\n<\/tr>\n<tr data-start=\"3662\" data-end=\"3724\">\n<td data-start=\"3662\" data-end=\"3695\" data-col-size=\"sm\">Basis of Allotment Finalised<\/td>\n<td data-start=\"3695\" data-end=\"3724\" data-col-size=\"sm\">14 November 2025<\/td>\n<\/tr>\n<tr data-start=\"3725\" data-end=\"3787\">\n<td data-start=\"3725\" data-end=\"3758\" data-col-size=\"sm\">Listing Date<\/td>\n<td data-col-size=\"sm\" data-start=\"3758\" data-end=\"3787\">18 November 2025<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<hr data-start=\"3789\" data-end=\"3792\" \/>\n<h2 data-start=\"3794\" data-end=\"3857\"><span style=\"font-size: 14pt;\"><strong>How To Check the Allotment Status of the PhysicsWallah IPO<\/strong><\/span><\/h2>\n<p data-start=\"3858\" data-end=\"3976\">Once the IPO closes and the allotment is finalised (expected ~14 Nov 2025), you can check your allotment status via:<\/p>\n<ul data-start=\"3977\" data-end=\"4287\">\n<li data-start=\"3977\" data-end=\"4130\">\n<p data-start=\"3979\" data-end=\"4130\"><strong data-start=\"3979\" data-end=\"4003\">Registrar\u2019s website:<\/strong> Visit the <a href=\"https:\/\/in.mpms.mufg.com\/Initial_Offer\/public-issues.html\">registrar\u2019s (MUFG)<\/a> \u201cIPO Allotment Status\u201d section \u2192 enter your PAN number \/ application number \/ demat ID \u2192 check status.<\/p>\n<\/li>\n<li data-start=\"4131\" data-end=\"4287\">\n<p data-start=\"4133\" data-end=\"4287\"><strong data-start=\"4133\" data-end=\"4156\"><a href=\"https:\/\/www.nseindia.com\/invest\/check-trades-bids-verify-ipo-bids\">NSE<\/a> \/ <a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\">BSE<\/a> websites:<\/strong> Under Corporate Actions \u2192 IPO Allotment Status \u2192 select <em data-start=\"4213\" data-end=\"4233\">PhysicsWallah Ltd.<\/em> \u2192 input your credentials to view allotment outcome.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4289\" data-end=\"4366\">Ensure you have your PAN, application number and demat account details ready.<\/p>\n<hr data-start=\"4368\" data-end=\"4371\" \/>\n<h4 data-start=\"4373\" data-end=\"4438\"><span style=\"font-size: 14pt;\"><strong>Book-running Lead Managers and Registrar \u2013 PhysicsWallah IPO<\/strong><\/span><\/h4>\n<ul data-start=\"4439\" data-end=\"4621\">\n<li data-start=\"4439\" data-end=\"4576\">\n<p data-start=\"4441\" data-end=\"4576\"><strong data-start=\"4441\" data-end=\"4480\">Book-running Lead Managers (BRLMs):<\/strong> Kotak Mahindra Capital Company, JP Morgan India, Goldman Sachs India Securities, Axis Capital<\/p>\n<\/li>\n<li data-start=\"4577\" data-end=\"4621\">\n<p data-start=\"4579\" data-end=\"4621\"><strong data-start=\"4579\" data-end=\"4593\">Registrar:<\/strong> MUFG Intime India Pvt. Ltd.<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"4623\" data-end=\"4626\" \/>\n<h4 data-start=\"4628\" data-end=\"4690\"><span style=\"font-size: 14pt;\"><strong>Offer for Sale and IPO Size Breakdown \u2013 PhysicsWallah IPO<\/strong><\/span><\/h4>\n<ul data-start=\"4691\" data-end=\"4962\">\n<li data-start=\"4691\" data-end=\"4736\">\n<p data-start=\"4693\" data-end=\"4736\"><strong data-start=\"4693\" data-end=\"4714\">Total Issue Size:<\/strong> ~ <strong data-start=\"4717\" data-end=\"4734\">\u20b9 3,480 crore<\/strong><\/p>\n<\/li>\n<li data-start=\"4737\" data-end=\"4787\">\n<p data-start=\"4739\" data-end=\"4787\"><strong data-start=\"4739\" data-end=\"4765\">Fresh Issue Component:<\/strong> ~ <strong data-start=\"4768\" data-end=\"4785\">\u20b9 3,100 crore<\/strong><\/p>\n<\/li>\n<li data-start=\"4788\" data-end=\"4962\">\n<p data-start=\"4790\" data-end=\"4962\"><strong data-start=\"4790\" data-end=\"4815\">Offer for Sale (OFS):<\/strong> ~ <strong data-start=\"4818\" data-end=\"4833\">\u20b9 380 crore<\/strong><br data-start=\"4833\" data-end=\"4836\" \/>Proceeds from the fresh issue will flow to the company for growth; OFS proceeds will go to the selling shareholders\/promoters.<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"4964\" data-end=\"4967\" \/>\n<h4 data-start=\"4969\" data-end=\"5054\"><span style=\"font-size: 14pt;\"><strong>Utilisation of Fresh Issuance and Technological Advancements \u2013 PhysicsWallah IPO<\/strong><\/span><\/h4>\n<p data-start=\"5055\" data-end=\"5131\">The company plans to deploy the fresh issue proceeds in several key areas:<\/p>\n<ul data-start=\"5132\" data-end=\"5661\">\n<li data-start=\"5132\" data-end=\"5195\">\n<p data-start=\"5134\" data-end=\"5195\">Fit-out of new offline and hybrid centres (~ \u20b9 460.5 crore)<\/p>\n<\/li>\n<li data-start=\"5196\" data-end=\"5279\">\n<p data-start=\"5198\" data-end=\"5279\">Lease payments for existing identified offline\/hybrid centres (~ \u20b9 548.3 crore)<\/p>\n<\/li>\n<li data-start=\"5280\" data-end=\"5387\">\n<p data-start=\"5282\" data-end=\"5387\">Investment in subsidiaries (Xylem Learning, Utkarsh Classes &amp; Edutech) for new centres, leases, hostels<\/p>\n<\/li>\n<li data-start=\"5388\" data-end=\"5460\">\n<p data-start=\"5390\" data-end=\"5460\">Technology investment: server\/cloud infrastructure (~ \u20b9 200.1 crore)<\/p>\n<\/li>\n<li data-start=\"5461\" data-end=\"5661\">\n<p data-start=\"5463\" data-end=\"5661\">Marketing and brand-building (~ \u20b9 710 crore)<br data-start=\"5507\" data-end=\"5510\" \/>These strategic allocations reflect the company\u2019s goal to scale its offline\/hybrid infrastructure while strengthening its digital base and brand reach.<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"5663\" data-end=\"5666\" \/>\n<h4 data-start=\"5668\" data-end=\"5698\"><strong>IPO Financial Information<\/strong><\/h4>\n<p data-start=\"5699\" data-end=\"6277\">In the fiscal year ended March 31, 2025, PhysicsWallah recorded revenue of ~ <strong data-start=\"5776\" data-end=\"5793\">\u20b9 2,887 crore<\/strong>, up from ~ <strong data-start=\"5805\" data-end=\"5822\">\u20b9 1,941 crore<\/strong> in the preceding year. The company narrowed its losses (\u2264 \u20b9 243 crore) compared with the prior bigger loss year, indicating improving operational leverage. The company boasts a high-growth digital subscriber base (main YouTube channel ~13.7 million subscribers mid-2025) and is expanding offline centres rapidly. These metrics support the growth narrative, though profitability and scalability of offline\/hybrid segment will be under investor scrutiny.<\/p>\n<div class=\"_tableContainer_1rjym_1\">\n<div class=\"group _tableWrapper_1rjym_13 flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table class=\"w-fit min-w-(--thread-content-width)\" data-start=\"6279\" data-end=\"6619\">\n<thead data-start=\"6279\" data-end=\"6364\">\n<tr data-start=\"6279\" data-end=\"6364\">\n<th style=\"text-align: center;\" data-start=\"6279\" data-end=\"6309\" data-col-size=\"sm\"><strong>Fiscal Year Ending 31 March<\/strong><\/th>\n<th style=\"text-align: center;\" data-start=\"6309\" data-end=\"6331\" data-col-size=\"sm\"><strong>Revenue (\u20b9 crore)<\/strong><\/th>\n<th style=\"text-align: center;\" data-start=\"6331\" data-end=\"6364\" data-col-size=\"sm\"><strong>Loss \/ Profit After Tax<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"6450\" data-end=\"6619\">\n<tr data-start=\"6450\" data-end=\"6534\">\n<td data-start=\"6450\" data-end=\"6479\" data-col-size=\"sm\">FY 2024<\/td>\n<td data-col-size=\"sm\" data-start=\"6479\" data-end=\"6502\">~ \u20b9 1,941<\/td>\n<td data-col-size=\"sm\" data-start=\"6502\" data-end=\"6534\">Higher loss<\/td>\n<\/tr>\n<tr data-start=\"6535\" data-end=\"6619\">\n<td data-start=\"6535\" data-end=\"6564\" data-col-size=\"sm\">FY 2025<\/td>\n<td data-col-size=\"sm\" data-start=\"6564\" data-end=\"6587\">~ \u20b9 2,887<\/td>\n<td data-col-size=\"sm\" data-start=\"6587\" data-end=\"6619\">Loss ~ \u20b9 243 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<hr data-start=\"6621\" data-end=\"6624\" \/>\n<h5 data-start=\"6626\" data-end=\"6641\"><span style=\"font-size: 14pt;\"><strong>Conclusion<\/strong><\/span><\/h5>\n<p data-start=\"6642\" data-end=\"7325\">The PhysicsWallah IPO presents a unique opportunity to invest in a leading ed-tech brand that has scaled rapidly and is now combining online strength with offline\/hybrid expansion. With PhysicsWallah IPO GMP showing early positive signs and the company\u2019s improved financials backing the story, it may appeal to investors who believe in India\u2019s skilling &amp; test-prep market. That said, risks include execution of offline growth, large capital expenditure plans, competition in ed-tech, and profitability uncertainty. For those targeting medium-term growth, this IPO could be compelling. For those seeking short-term listing gain, the GMP and subscription levels will be critical.<\/p>\n<hr data-start=\"7327\" data-end=\"7330\" \/>\n<h4 data-start=\"7332\" data-end=\"7366\"><span style=\"font-size: 14pt;\"><strong>Investing in IPOs Made Simple<\/strong><\/span><\/h4>\n<p data-start=\"7367\" data-end=\"7685\">If you\u2019re planning to apply for IPOs like PhysicsWallah, it\u2019s wise to <a href=\"https:\/\/signup.tradesmartonline.in\/\"><strong data-start=\"7437\" data-end=\"7461\">open a demat account<\/strong><\/a> ahead of time so you\u2019re ready when the issue opens. With <a href=\"https:\/\/tradesmartonline.in\/\"><strong data-start=\"7519\" data-end=\"7533\">TradeSmart<\/strong><\/a>, you get a streamlined platform, competitive brokerage, strong customer support, and the tools to participate confidently in IPOs and equity markets.<\/p>\n<hr data-start=\"7687\" data-end=\"7690\" \/>\n<h5 data-start=\"7692\" data-end=\"7707\"><span style=\"font-size: 14pt;\"><strong>Disclaimer<\/strong><\/span><\/h5>\n<p data-start=\"7708\" data-end=\"8259\">This article is for informational purposes only and does not constitute investment advice or a recommendation to subscribe to the PhysicsWallah IPO. Investors should carefully read the Red Herring Prospectus (RHP), evaluate all risk factors, compare valuations with peer companies and consult a qualified financial advisor before making investment decisions. The PhysicsWallah IPO GMP value mentioned is indicative and subject to change. TradeSmart and its associates are not liable for any financial loss or decisions based on this content.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PhysicsWallah IPO \u2013 An Overview and Company Insight PhysicsWallah IPO GMP is already gaining traction in investor circles as this ed-tech unicorn prepares to step into India\u2019s public markets. PhysicsWallah&#8230;<\/p>\n","protected":false},"author":1,"featured_media":9977,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[1533],"class_list":["post-9976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-physicswallah-ipo-gmp"],"_links":{"self":[{"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/posts\/9976"}],"collection":[{"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/comments?post=9976"}],"version-history":[{"count":0,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/posts\/9976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/media?parent=9976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/categories?post=9976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/designingprojectmanagement.com\/blog\/wp-json\/wp\/v2\/tags?post=9976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}