New Delhi :Edtech unicorn PhysicsWallah on Thursday fixed a price band of Rs 103-109 per share for its upcoming initial public offering (IPO), aiming for a valuation of over Rs 31,500 crore at the upper end.The company's Rs 3,480-crore maiden public offering will open on November 11 and conclude on November 13 and anchor investors will be allocated shares on November 10, according to its public announcement.

PhysicsWallah Limited IPO FINAL

Date : 11-13 November

Price Band : 103-109

Lot Size : 137

Issue Size : 3,480 Crore

Fresh - 3,100 Crore

OFS - 380 Crore

M.Cap : 31,170 Crore

PE FY25 MCap/EBITDA : 72×

Promoter Holding Post-issue :

81.64%➡️72.30%

Applications

Retail -… https://t.co/Cc1PyH7GbM — Tanmay 🇮🇳 (@Tanmay_31_) November 5, 2025

The upcoming IPO comprises a fresh

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