Indian edtech platform PhysicsWallah made an impressive entry into the stock market on Tuesday, November 18, 2025, with its shares listing at a substantial premium that delighted early investors. The company founded by educator Alakh Pandey demonstrated strong market confidence as it began trading on both major Indian exchanges.
Strong Market Debut Performance
PhysicsWallah shares opened at ₹145 on the National Stock Exchange (NSE), representing a significant 33.03% premium over the IPO issue price of ₹109 per share. On the Bombay Stock Exchange (BSE), the stock commenced trading at ₹143.10 per share, still maintaining a robust 32.02% premium from the issue price.
The trading began following a Special Pre-open Session (SPOS) at 10:00 AM, with the scrip being part of the 'B' Group of Securities. The BSE had officially notified trading members about the listing in advance, ensuring smooth market operations for the much-anticipated debut.
IPO Timeline and Investor Gains
The public issue had opened for subscription from November 11 to November 13, 2025, with the allotment process concluding on November 14. The IPO was priced in the range of ₹103 to ₹109 per share, attracting substantial investor interest during the subscription period.
For retail investors who participated in the IPO, the listing day brought substantial rewards. Each lot consisting of 137 shares generated impressive gains of ₹19,865 for successful allottees, showcasing the strong demand for the edtech company's stock.
Behind the Successful Listing
The IPO process was managed by Kotak Mahindra Capital Co. Ltd. as the book-running lead manager, while MUFG Intime India Pvt Ltd served as the registrar for the issue. The successful market debut reflects growing investor confidence in the Indian edtech sector and specifically in PhysicsWallah's business model.
Founded by Alakh Pandey, PhysicsWallah has emerged as one of India's prominent edtech platforms, particularly known for its test preparation services. The company's strong market debut positions it well among other listed edtech players and indicates positive sentiment toward the education technology space in the Indian stock market.
