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PhysicsWallah Revises IPO Papers, to Raise ₹3,820 Cr
Financial Express Ahmedabad
|September 08, 2025
Edtech Firm Eyes Near-Doubling of Valuation to $5 Bn
EDTECH UNICORN PhysicsWallah has filed its updated draft red herring prospectus with the Securities and Exchange Board of India (Sebi), setting the stage for a ₹3,820-crore initial public offering (IPO).
The IPO comprises a fresh issue of equity shares worth ₹3,100 crore and an offer for sale (OFS) of ₹720 crore by existing shareholders, including promoters Alakh Pandey and Prateek Maheshwari.
The market regulator had earlier approved the company's confidential pre-filing of draft papers in July, allowing PhysicsWallah (PW) to undergo regulatory review before making the documents public.
यह कहानी Financial Express Ahmedabad के September 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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