MUMBAI: PhysicsWallah Limited has allotted 14,33,80,733 Equity Shares to 57 anchor investors and raised ₹ 1,562.85 crores ahead of the company’s proposed IPO at the upper price band of ₹ 109 per equity share with a face value of ₹ 1 per share (including share premium of Rs 109 per equity share).
Out of the total allocation of 14,33,80,733 Equity Shares to the Anchor Investors, 7,95,48,091 Equity Shares (i.e., 55.48% of the total allocation to Anchor Investors) were allocated to 14 domestic mutual funds through a total of 35 schemes.
The anchor book saw participation from a wide variety of domestic investors, including ICICI Prudential MF, Kotak MF, Nippon MF, Aditya Birla Sun Life MF, DSP MF, 360 ONE, Motilal Oswal MF, Tata MF, Bharti AXA MF, Edelweiss MF, and Canara Robeco MF, to name a few.
The anchor book saw participation from a wide variety of international investors, including Capital Research, Goldman Sachs Asset Management (GSAM), Fidelity, Franklin Templeton Global, Eastspring Investments, Pine Bridge, and White Oak Capital, to name a few.
As mentioned in the RHP, Global investment firm Think Investments invested a little over Rs 136 crore as part of a pre-IPO funding round. The shares were bought at Rs 127 per piece.
The price band of the issue is fixed at Rs. 103/- to Rs. 109/- per equity share. The offer includes a discount of Rs. 10/- per Equity Share being offered to Eligible Employees bidding in the Employee Reservation Portion. Bids can be made for a minimum of 137 Equity Shares and in multiples of 137 Equity Shares thereafter.
The IPO shall open its bid/offer in relation to its initial public offer on Tuesday, 11th November 2025. The bid/ offer closing date is Thursday, 13th November 2025.
The total offer size comprises equity shares of face value of ₹1 each aggregating up to ₹ 3480 Crores. The IPO includes a fresh issue of equity shares of face value ₹1 each aggregating up to ₹3100 Crores and an offer for sale of equity shares of face value ₹1 each aggregating up to ₹380 Crores.
Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, Goldman Sachs (India) Securities Private Limited, and Axis Capital Limited are the bankers to the issue.