Ahmedabad: PhysicsWallah Limited shall open its Bid/Offer in relation to its initial public offer of equity shares on Tuesday, 11th November 2025. The Anchor Investor Bidding Date is one working day prior to the bid/offer opening date, being Monday, 10th November 2025. The Bid/Offer Closing Date is Thursday, 13th November 2025, an official statement said.

As per the company, “the total offer size comprises a fresh issue of equity shares of face value of ₹1 each aggregating up to ₹3,480 crores. The IPO includes a fresh issue of equity shares of face value ₹1 each aggregating up to ₹3,100 crores and an offer for sale of equity shares of face value ₹1 each aggregating up to ₹380 crores.”

“Price band of the issue is fixed at ₹103 to ₹109 per equity share (‘the price band’). The offer includes a discount of ₹10 per equity share being offered to eligible employees bidding in the employee reservation portion,” said an official press release.

Bids can be made for a minimum of 137 equity shares and in multiples of 137 equity shares thereafter (‘bid lot’). 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, the company further said.