PhysicsWallah IPO Subscribed over 0.14x on Day 2

PhysicsWallah IPO Subscription Status 

PhysicsWallah IPO subscribed over 0.14x on its second day till 5.00 PM on November 12, 2025.    

• PhysicsWallah IPO subscription QIB investors’ portion is 0.00 times, while NII subscribed 0.06 times, and RII investors subscribed 0.63 times. 
• The company has received bids for 2,42,45,164 shares against 17,58,85,322 shares on offer on the second day of subscription. 
• PhysicsWallah IPO subscribed over 0.14x on its day 2. 
• PhysicsWallah IPO subscribed over 0.08x on day 1. 

About PhysicsWallah Company 

Physicswallah is one of the leading companies that offers test preparation courses for competitive examinations like JEE, NEET, UPSC, as well as other upskilling courses. Their courses are delivered via multiple channels, such as 1) Online, which consists of their website, apps, and Social Media Channels, 2) Tech-enabled offline centers, where they conduct live classes, and 3) Hybrid Centers. Among the top 5 education companies, PhysicsWallah is the largest company in terms of revenue in India. It also has its own YouTube channel named “Physics Wallah – Alakh Pandey,” with around 13.7 million subscribers as of July 15, 2025. 

The company’s main focus is to build a student community by offering them high-quality education using engaging and tech-enabled teaching methods. Moreover, most of its learning materials and courses are available on YouTube channels, making it convenient and accessible for students. PhysicsWallah comprises 4.13 million online users and 0.33 million offline students. They run 198 offline centers with 5,096 teachers, 15,775 employees, and have published 3,582 books so far in FY25. 

PhysicsWallah IPO GMP: 

PhysicsWallah’s IPO GMP was ₹1 as of Wednesday, November 12, 2025. That indicates the IPO is trading at ₹110 with a ₹1 premium in the grey market against the issue price of ₹109.