Posted by AI on 2025-09-08 09:32:56 | Last Updated by AI on 2025-09-09 01:18:00
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If you are thinking of investing in the shares of India's renowned ed-tech platform, then here is everything you need to know about PhysicsWallah's IPO.
PhysicsWallah (PW) is a renowned Indian ed-tech platform, headquartered in Noida. On February 6, 2023, PW's parent company, Indigo Learn Limited, announced its IPO prospectus. The proposed offer comprises a fresh issue of equity shares worth Rs 3,100 crore and an offer for sale of shares aggregating up to Rs 720 crore by promoters. This implies that investors will be able to buy shares directly from the company itself (fresh issue) and promoters (offer for sale).
Who are the promoters selling their shares in the IPO?
The co-founders of PhysicsWallah, Alakh Pandey, and Prateek Pandey, along with few other promoters, will be selling equity shares worth up to Rs 720 crore. However, it is not a partial exit, meaning the promoters will continue to hold a substantial stake in the company post-IPO.
What is the price band of the IPO?
The IPO's price band will be decided closer to the IPO's launch date. This price band is an indication of the per-share price range at which the company expects the IPO to debut.
When will the PhysicsWallah IPO open?
The opening date of the IPO has not been announced yet. The company is expected to announce it in the upcoming days.
What is the size of the lot for the IPO?
The lot size is the number of shares that an investor can apply for in one lot. Usually, for retail investors, the lot size is fixed at 14 shares.
What is the GMP of the IPO?
The Grey Market Premium (GMP) is basically a unofficial market for trading IPO applications in advance, and it is not controlled by any regulatory entity. It usually occurs in an over-the-counter transaction. Therefore, the Grey Market Premium can help us get an idea of the response to the IPO and the expectations of the investors.
The GMP, linked with the movement of the stock in the unofficial market, can give an insight into what the investors think about the company's prospects. Currently, the GMP of the PW IPO is hovering around the 'neutral' zone, indicating that the investors are neither excited nor disappointed about the IPO.
Conclusion:
If you are considering investing in the shares of India's renowned ed-tech platform, then it is advisable to go through the company's prospectus, read its financials, and take a call on the investment based on your due diligence.
Stay tuned for more updated information on the PhysicsWallah IPO.