Introduction
Did you know that Physics Wallah, once a humble YouTube channel, is set to become India’s next major stock market story? The Physics Wallah IPO is generating massive buzz in the Indian market, with both retail and institutional investors eager to participate in this high-profile debut. In this blog, discover everything you need to know about the Physics Wallah IPO—why valuations are soaring, what makes it so newsworthy, the exact price band, critical dates, and why this public issue stands out in 2025.
The Journey from YouTube to Unicorn
Physics Wallah’s evolution from Alakh Pandey’s online classes to a $3.6 billion edtech powerhouse has been nothing short of remarkable. Unlike most edtech companies relying heavily on marketing spends, Physics Wallah built its brand by delivering affordable, high-value education, especially for engineering and medical aspirants.
- Grown from free YouTube lessons to 30+ offline/hybrid centers across India.
- Achieved revenue of ₹2,887 crore in FY25, up from ₹1,941 crore the previous fiscal.
- Profitability is within reach, with net losses sharply reduced to ₹243 crore in FY25 (from ₹1,131 crore in FY24).
Why the High Valuation?
The excitement around Physics Wallah’s IPO is driven by strong business fundamentals and ambitious expansion plans:
- Post-IPO valuation is estimated at ₹31,500 crore (about $3.6 billion) at the upper price band.
- The company is raising ₹3,480 crore: ₹3,100 crore via fresh issue and ₹380 crore via Offer for Sale (OFS).
- Funds will power new offline and hybrid centers, technology upgrades, marketing outreach, and strategic investments in subsidiaries such as Xylem Learning and Utkarsh Classes.
Physics Wallah IPO Key Details
Basic IPO Facts
- IPO Subscription Dates: November 11 – 13, 2025
- Listing Date: November 18, 2025, on BSE and NSE
- Price Band: ₹103 – ₹109 per share
- Lot Size: 137 shares (minimum investment: ₹14,933)
- IPO Size: ₹3,480 crore (₹3,100 crore fresh issue + ₹380 crore OFS)
- Face Value: ₹1 per share
Important Dates
- IPO Open: 11 Nov 2025
- IPO Close: 13 Nov 2025
- Allotment Date: 14 Nov 2025
- Refund Initiation: 17 Nov 2025
- Credit to Demat: 17 Nov 2025
- Listing Date: 18 Nov 2025
Investment Insights
- Investors may apply in multiples of 137 shares.
- Payment can be made via UPI or ASBA-enabled bank accounts.
- The company’s strong growth story and sharp improvement in profitability are key reasons for high demand.
What Sets Physics Wallah IPO Apart?
Physics Wallah’s IPO stands out due to its proven ability to scale low-cost, high-impact education solutions. Strategic use of IPO funds, continued growth of offline centers, investments in subsidiaries, and improving financials set a foundation for long-term success in India’s competitive edtech market.
- First major Indian edtech to approach profitability at scale.
- Attracting marquee global investors yet staying student-focused in pricing.
- Backed by sector growth in hybrid education and upskilling.
Conclusion
The Physics Wallah IPO is generating unprecedented interest for good reason—it’s a story of Indian entrepreneurship, innovation, and the drive to make quality education accessible nationwide. As listing day approaches, retail and institutional investors alike are watching closely to see how this landmark IPO shapes the future of edtech in India. Stay tuned for updates, and share your thoughts about this historic public offering in the comments below!
