The PhysicsWallah IPO minimum market lot is 137 shares with ₹14,933 application amount. The PhysicsWallah IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
PhysicsWallah IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 2.86 |
| NII | 0.03 | 0.06 | 0.51 |
| bNII | 0.01 | 0.03 | 0.58 |
| sNII | 0.05 | 0.11 | 0.37 |
| RII | 0.36 | 0.63 | 1.14 |
| EMP | 1.18 | 1.89 | 3.71 |
| Total | 0.08 | 0.14 | 1.92 |
PhysicsWallah IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
PhysicsWallah IPO Review
- May Apply for long term
PhysicsWallah IPO Form
How to apply for the PhysicsWallah IPO? You can apply for PhysicsWallah IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the PhysicsWallah IPO in the Invest section. The other option is you can apply for PhysicsWallah IPO via IPO forms downloaded online. Check out the physicswallah forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
