PhysicsWallah IPO

About PhysicsWallah IPO

Physics Wallah, one of India’s leading edtech unicorns, has taken a major step toward entering the public market by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company has opted for the confidential pre-filing route, which allows it to keep its financial details undisclosed until later stages. 

Recently, SEBI granted its approval for the confidential draft proposal, marking a significant milestone in Physics Wallah’s IPO journey. The IPO is expected to raise around ₹4,600 crore, equivalent to approximately $533 million, through a mix of fresh share issuance and an offer for sale. 

This proposed fundraising would provide Physics Wallah with the capital to expand its presence and strengthen its position in the competitive edtech sector. However, the company has also clarified that filing the DRHP does not necessarily guarantee the IPO will move forward, as it is one of the key procedural steps.

The launch of Physics Wallah’s IPO is anticipated to be a landmark event for India’s edtech industry, potentially encouraging other startups to explore similar opportunities in the capital markets.

Industry Outlook

1. India’s edtech market is on a high-growth trajectory, projected to reach US$ 10 billion by 2025 and further expand to US$ 29 billion by 2030. This rapid expansion reflects the increasing shift toward digital learning platforms, driven by affordability, convenience, and growing trust in online education solutions.
2. With India’s internet user base expected to rise from 622 million in 2020 to 900 million by 2025, alongside deepening smartphone penetration, the edtech industry will see a much broader learner base. This digital accessibility ensures platforms like Physics Wallah Limited can reach students in smaller towns and rural areas.
3. India’s education sector is forecasted to grow significantly from US$ 117 billion in 2020 to US$ 225 billion by 2025, reflecting rising investments in both traditional and online learning. This growing industry will create strong demand for affordable, quality-focused edtech solutions, boosting opportunities for platforms offering scalable learning models.

About PhysicsWallah Limited 

Physics Wallah Limited is one of India’s fastest-growing edtech companies, transforming the way students learn and prepare for exams. Founded by Alakh Pandey in 2016 as a YouTube channel focused on physics, the company was formally incorporated as Physicswallah Private Limited in 2020. Today, it has become a trusted learning partner for millions of students across the country.

The company operates in online, offline, and hybrid formats, reaching 98% of India’s pin codes. More than 10 million students have enrolled in paid courses through the PW App, while over 36 million learners benefit from free educational content delivered across 80 YouTube channels in eight Indian languages. Its network spans 100+ cities with over 120 Vidyapeeth centres, offering support in 28 exam categories, including JEE, NEET, and school-level courses for grades 6 to 12.

PhysicsWallah has built a reputation for offering affordable, high-quality education, making it accessible to students from diverse backgrounds. The company’s popularity has grown rapidly, reflected in its financial performance. Operating revenue surged by 160% to ₹1,940 crore in FY24, although losses also increased to ₹1,131 crore compared to ₹84 crore in the previous year.

The firm is backed by leading investors such as Westbridge Capital, Lightspeed Venture Partners, GSV Ventures, and Hornbill Capital. In 2023, it raised $210 million, valuing the company at $2.8 billion. With its extensive reach and strong presence in both digital and physical education, Physics Wallah continues to shape India’s learning ecosystem.

How To Check the Allotment Status of PhysicsWallah IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for the PhysicsWallah IPO Online?

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the PhysicsWallah IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of PhysicsWallah IPO 

Registered office: B 8, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309

Website: https://www.pw.live/

PhysicsWallah IPO Lot Size

PhysicsWallah IPO, the exact lot size, the number of shares in each lot, and the minimum investment amount have not yet been officially announced. These details will be provided closer to the IPO opening date and will help investors know how much they need to invest at a minimum to participate in the IPO.