PhysicsWallah Limited’s highly anticipated IPO opens on November 11, 2025, and closes on November 13. Anchor investors will begin bidding a day prior on November 10. The IPO marks a major milestone for the edtech firm aiming to raise approximately ₹3,480 crore to expand its offline and hybrid education centers and technology infrastructure.
PhysicsWallah Sets Stage for IPO Launch with Anchor Bids Starting November 10
PhysicsWallah, a rapidly growing Indian edtech company founded by Alakh Pandey, is all set to launch its initial public offering (IPO) from November 11 to 13, 2025. Prior to the public issue, anchor investor bidding will open on November 10, signaling strong institutional interest in the company’s growth story.
The IPO aims to raise around ₹3,480 crore through a mix of fresh share issuance and offer-for-sale components. The proceeds will be used to expand PhysicsWallah’s offline and hybrid learning centers, invest in server and cloud infrastructure, marketing initiatives, and acquisitions, bolstering its presence in India’s competitive education market.
PhysicsWallah has demonstrated strong revenue growth and technological innovation over recent years, expanding its reach from online platforms to physical learning hubs. With a growing base of students preparing for competitive exams including JEE, NEET, and UPSC, the IPO will enable the company to scale rapidly and maintain its position as a key player in Indian edtech.
Key Highlights
IPO opening: November 11, closing: November 13, 2025
Anchor investor bidding begins November 10
Total fundraise target: approx ₹3,480 crore (fresh issue + offer for sale)
Capital to support offline/hybrid centers expansion and tech investments
Backed by prominent investors including WestBridge Capital and Lightspeed Ventures
Promoters: Alakh Pandey and Prateek Boob
Listing planned on BSE and NSE with Kotak Mahindra as lead manager
PhysicsWallah’s IPO is one of the largest in the edtech sector, reflecting strong investor confidence in its robust business model and growth potential.
Sources: IPOWatch, Economic Times, Chittorgarh IPO, BSE filing, Moneycontrol