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Wednesday, November 19, 2025

Physicswallah Stock Debuts at 33% Premium in Historic IPO

Physicswallah Makes Strong Stock Market Debut with 33% Premium

Ed-tech firm Physicswallah Ltd. (PWL) debuted strongly on the stock markets, opening at ₹145 on the National Stock Exchange—a 33% premium over its issue price of ₹109 per share.

Key Trading Details

  • NSE Opening: ₹145 (33% premium)
  • BSE Opening: ₹143 (31.1% premium)
  • Day’s Range: ₹137 (low) to ₹161.99 (high)
  • Closing Price: ₹156

Strong Investor Response

The IPO received healthy subscription numbers as of November 13:

  • Overall: 1.8 times subscribed
  • QIBs: 2.7 times subscribed
  • Retail Investors: 1.06 times subscribed

Historic Listing Achievement

Physicswallah has become the first education technology startup to list on Indian capital markets. The company raised ₹3,480 crore through the public offering, with approximately 90% being a fresh issue.

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