PhysicsWallah IPO: Complete Details, Price Band, GMP, Allotment, Listing & Should You Invest? (2025 Guide)

PhysicsWallah IPO: Complete Details, Price Band, GMP, Allotment, Listing & Should You Invest? (2025 Guide)

1. Introduction: Why PhysicsWallah IPO is a Big Deal

The much-awaited PhysicsWallah IPO has become one of the hottest topics in India’s stock market. What started as a YouTube channel by Alakh Pandey in 2016 has grown into a ₹30,000+ crore education empire — and now the company is stepping into the public markets.

In this blog, you’ll get a complete SEO-friendly analysis of the PhysicsWallah IPO covering:

• IPO dates & price band
• Issue size
• Company background
• Detailed financials
• Strengths and risks
• GMP & listing expectations
• Expert investment review

Let’s dive in.

2. PhysicsWallah IPO — Key Highlights 2025

The PhysicsWallah IPO is one of the most anticipated edtech listings of the decade.

Here are the main details:

3. Company Overview — The Rise of PhysicsWallah

PhysicsWallah (PW) is India’s fastest-growing edtech and hybrid-learning company. Starting with just a smartphone and a whiteboard, the brand today operates:

• 75+ offline Vidyapeeth centers
• Massive digital student base
• 20+ education subsidiaries
• Test preparation verticals for NEET, JEE, UPSC, SSC, GATE and more

PW is known for affordable education, high-quality teaching, and strong student outcomes — making its IPO extremely attractive for retail investors.

4. Detailed Objectives of the IPO

PhysicsWallah will use the IPO funds for:

✔ Offline learning centre expansion

Opening new Vidyapeeth & Pathshala branches across Tier-2 and Tier-3 India.

✔ Long-term lease payments

To secure large, multi-floor learning campuses in metro cities.

✔ Investment in subsidiaries

Especially Xylem, Masterstroke, and teacher-training initiatives.

✔ Technology upgradation

Cloud infrastructure, server security, AI-based learning tools.

✔ Marketing & brand visibility

Aggressive expansion in competitive exam coaching markets.

5. Financial Performance of PhysicsWallah

PhysicsWallah has shown rapid financial growth despite being in a tough edtech market.

Revenue Growth (FY25)

• ₹2,886 crore in revenue
• Offline centers account for major chunk
• Online continues to scale

Profit/Loss

• FY25 Net loss: ₹243 crore
• Losses narrowing consistently
• EBITDA turned positive in mid-FY25

Valuation

• Estimated IPO valuation: ₹31,500 — ₹32,000 crore
• Post-listing market cap expected: ₹38,000+ crore

This makes PhysicsWallah one of the biggest edtech IPOs in Asia.

6. Strengths of PhysicsWallah (Business Advantages)

1. Strong Brand Trust

Students and parents strongly relate to PhysicsWallah’s mission of affordable, high-quality education.

2. Hybrid Model

Unlike other edtech players, PW runs both offline + online, reducing risk.

3. High Student Completion Rates

PW claims strong results in JEE/NEET, boosting its credibility.

4. Cost-Effective Business Operations

PW’s frugal operating model allows competitive pricing.

5. Opportunity in Tier-2 and Tier-3 Cities

70% of India’s competitive exam aspirants belong to these cities — PW’s biggest strength.

7. Key Risks Associated With the PhysicsWallah IPO

❌ Dependence on star faculty

Loss of key teachers could impact business.

❌ Offline expansion risk

Opening multiple large centres increases operational expenses.

❌ Loss-making company

Though improving, consistent profitability remains unproven.

❌ Heavy competition

Unacademy’s offline push, Allen Career Institute, Aakash BYJU’S, and Vedantu are strong rivals.

❌ Regulatory uncertainty

The education sector is highly sensitive to policy changes.

8. PhysicsWallah IPO GMP (Grey Market Premium)

Note: GMP values fluctuate daily.

Current GMP (as of week before listing):
👉 ₹35–₹40 per share (approx.)

This indicates an expected gain of:
👉 30%–35% listing premium

9. Allotment Date & Checking Status

PhysicsWallah IPO Allotment will likely be finalized on 14 November 2025.

You can check allotment on:

• BSE website
• Registrar (Link Intime)
• IPO broker apps

10. Expected Listing Price

Given market demand + GMP signals + brand buzz:

Expected Listing Price:
₹140 – ₹150 per share

Expected Listing Gain:
30%–35% profit potential

PW is expected to have one of the strongest edtech listings ever.

11. Expert Review — Should You Apply?

Let’s break it down:

✔ Apply for Listing Gains? – YES

Demand is high, brand trust is strong, and GMP is positive.

✔ Apply for Long-Term? – CAUTIOUS YES

It depends on risk appetite:

Good for long-term if:

• You believe in India’s edtech + offline hybrid revolution
• You trust PW’s unique cost-effective model
• You expect education sector to expand drastically

Avoid for long-term if:

• You prefer profit-making companies only
• You expect slow growth in edtech
• You want low-risk investments

12. Final Verdict — PhysicsWallah IPO Review

The PhysicsWallah IPO is shaping up to be one of the most promising listings of 2025. While profitability and offline expansion pose risks, the company’s brand power, revenue growth, and hybrid model make it a strong contender.

For listing gains → Excellent opportunity
For long-term investing → Moderate-risk, high-growth bet