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Physics Wallah Files Papers for ₹3,820 Cr IPO

September 08, 2025

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Mint New Delhi

The offering will comprise a fresh issue of ₹3,100 crore and an offer for sale of ₹720 crore by its promoters

- Mansi Verma

Physics Wallah Ltd, one of India's largest edtech platforms, has filed an updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) of ₹3,820 crore.

The offering will comprise a fresh issue of ₹3,100 crore and an offer for sale (OFS) of ₹720 crore by its promoters. The OFS will see founders Alakh Pandey and Prateek Maheshwari (mentioned as Prateek Boob in official filings) sell up to ₹360 crore worth of shares each.

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