PhysicsWallah IPO debuts with rising GMP, investors weigh buy–sell–hold strategy

PhysicsWallah enters D-Street with strong anticipation  
PhysicsWallah, India’s fast-growing edtech platform, is making its market debut today after its Rs 3,480 crore IPO was subscribed nearly twice during the November 11–13 window. The stock is commanding a GMP of around Rs 9.5, indicating an estimated 8–9 percent listing pop over the issue price of Rs 109.  

Analysts highlight that while retail subscription was muted, institutional interest and late GMP surge reflect confidence in the company’s growth strategy. PhysicsWallah plans to expand offerings in multiple Indian languages, strengthen technology, and convert free users into paying subscribers. Experts recommend a cautious approach: long-term investors may hold, while short-term traders can consider partial profit-booking.  

Major takeaways  

• IPO size: Rs 3,480 crore, subscribed nearly 2x during bidding window  
• GMP signals 8–9 percent listing gain over issue price  
• Retail response muted, but institutional demand supported subscription  
• Expansion plans include multilingual courses and improved tech-led learning modules  
• Analysts advise long-term hold; partial profit-booking suggested for early investors  

Sources: Moneycontrol, Financial Express, News18