PhysicsWallah IPO Closes Today: The initial public offering (IPO) of PhysicsWallah ends today, Thursday, November 13. The Rs 3,480-crore issue opened on Tuesday, November 11. The price band has been fixed in the range of Rs 103-Rs 109 apiece.

The IPO includes a fresh issue of Rs 3,100 crore and an offer-for-sale (OFS) of Rs 380 crore by co-founders and promoters Alakh Pandey and Prateek Maheshwari.

Together, the promoters currently hold 80.62 per cent of the company, which will reduce to 72 per cent post-IPO. Notably, none of the early investors will sell their stakes in this offering.

PhysicsWallah IPO Subscription Status

The PhysicsWallah IPO continued to see a steady but modest flow of bids on Day 3, with the issue subscribed 0.14 times as of 10:12 AM.

Exchange data shows that the

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