Comparison between PhysicsWallah IPO and Studds Accessories IPO.
PhysicsWallah IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Studds Accessories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of PhysicsWallah IPO is up to ₹3,480.00 Cr whereas the issue size of the Studds Accessories IPO is up to ₹455.49 Cr. The final issue price of PhysicsWallah IPO is ₹109.00 per share and of Studds Accessories IPO is ₹585.00 per share.
| PhysicsWallah IPO | Studds Accessories IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹5 per share |
| Issue Price (Lower) | ₹103.00 per share | ₹557.00 per share |
| Issue Price (Upper) | ₹109.00 per share | ₹585.00 per share |
| Issue Price (Final) | ₹109.00 per share | ₹585.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹10.00 per share | |
| Market Lot Size | 137 shares | 25 shares |
| Fresh Issue Size | 28,44,68,537 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹3,100.08 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 3,48,62,384 shares | 77,86,120 shares |
| OFS Issue Size (Amount) | up to ₹379.92 Cr | up to ₹455.49 Cr |
| Issue Size Total | 31,93,30,921 shares | 77,86,120 shares |
| Issue Size Total (Amount) | up to ₹3,480.00 Cr | up to ₹455.49 Cr |
PhysicsWallah IPO opens on Nov 11, 2025, while Studds Accessories IPO opens on Oct 30, 2025. The closing date of PhysicsWallah IPO and Studds Accessories IPO is Nov 13, 2025, and Nov 03, 2025, respectively.
| PhysicsWallah IPO | Studds Accessories IPO | |
|---|---|---|
| Anchor Bid Date | Nov 10, 2025 | Oct 29, 2025 |
| Issue Open | Nov 11, 2025 | Oct 30, 2025 |
| Issue Close | Nov 13, 2025 | Nov 03, 2025 |
| Basis Of Allotment (Tentative) | Nov 14, 2025 | Nov 04, 2025 |
| Initiation of Refunds (Tentative) | Nov 17, 2025 | Nov 06, 2025 |
| Credit of Share (Tentative) | Nov 17, 2025 | Nov 06, 2025 |
| Listing date (Tentative) | Nov 18, 2025 | Nov 07, 2025 |
| Anchor Lockin End date 1 | Dec 13, 2025 | Dec 04, 2025 |
| Anchor Lockin End date 2 | Feb 11, 2026 | Feb 02, 2026 |
PhysicsWallah IPO P/E ratio is -116.86, as compared to Studds Accessories IPO P/E ratio of 33.06.
| PhysicsWallah IPO | Studds Accessories IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)PhysicsWallah Ltd.'s revenue increased by 51% and profit after tax (PAT) rose by 78% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Studds Accessories Ltd.'s revenue increased by 11% and profit after tax (PAT) rose by 22% between the financial year ending with March 31, 2025 and March 31, 2024.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 81.64 | 78.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.48 | 61.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -116.86 | 33.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹31526.73 Cr. | ₹2302.17 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 16.64% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 20.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | -0.07 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-0.93 | ₹17.70 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -12.50% | 15.49% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the PhysicsWallah IPO Retail Individual Investors (RII) are offered 3,18,62,385 shares while in Studds Accessories IPO retail investors are offered 3,18,62,385 shares. Qualified Institutional Buyers (QIB) are offered 9,55,87,156 shares in PhysicsWallah IPO and 15,57,224 shares in Studds Accessories IPO.
| PhysicsWallah IPO | Studds Accessories IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,33,80,733 shares | 23,35,836 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 9,55,87,156 shares | 15,57,224 shares |
| NII | 4,77,93,577 shares | 11,67,918 shares |
| RII | 3,18,62,385 shares | 27,25,142 shares |
| Employee | 7,07,070 shares | 0 shares |
| Others | ||
| Total | 31,93,30,921 shares | 77,86,120 shares |
PhysicsWallah IPO subscribed 1.92x in total, whereas Studds Accessories IPO subscribed 73.25x.
| PhysicsWallah IPO | Studds Accessories IPO | |
|---|---|---|
| QIB (times) | 2.86x | 159.99x |
| NII (times) | 0.51x | 76.99x |
| Big NII (times) | 0.58x | 83.08x |
| Small NII (times) | 0.37x | 64.79x |
| RII (times) | 1.14x | 22.08x |
| Employee (times) | 3.71x | |
| Other (times) | ||
| Total (times) | 1.92x | 73.25x |
