PhysicsWallah IPO Subscription Details

Bookbuilding IPO | ₹3,480 Cr | Listed at BSE, NSE | Tue, Nov 11, 2025 - Thu, Nov 13, 2025

Basis of Allotment - PhysicsWallah IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)9,55,87,15614,33,80,73323,89,67,8891,59,31,1923,18,62,3854,77,93,5773,18,62,3857,07,07031,93,30,921
Allotment price (Rs.)10910910910910910910999109
No.of applications45571022,4851,2353,7201,82,0872,6091,88,518
No.of shares applied27,35,41,59814,38,86,44241,74,28,04057,16,8731,81,77,7082,38,94,5813,37,76,93912,09,02547,63,08,585
Amount collected (Rs.cr.)2,981.60 1,568.36 4,549.97 62.31 198.14 260.45 368.17 11.97 5,190.71
No.of times subscribed2.861.001.750.360.570.501.061.711.49
No.of shares allotted11,75,71,59814,33,80,73326,09,52,33157,16,8731,81,77,7082,38,94,5813,37,76,9397,07,07031,93,30,921
Amount (Rs.cr.)1,281.53 1,562.85 2,844.38 62.31 198.14 260.45 368.17 7.00 3,480.00
No.of allottees45571022,4851,2353,7201,82,0872,0411,87,950

IPO Shares Offered

PhysicsWallah IPO is a public issue of 31.93 Cr equity shares. The issue offers 3.19 Cr shares to retail investors, 23.90 Cr shares to qualified institutional buyers, and 4.78 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 23,89,67,8892,604.75 74.83%
    Anchor 14,33,80,733 1,562.85 44.90%
    QIB (Ex Anchor) 9,55,87,156 1,041.90 29.93%
NII 4,77,93,577520.95 14.97%
    bNII (> ₹10L)3,18,62,385347.30 9.98%
    sNII (< ₹10L)1,59,31,192173.65 4.99%
Retail3,18,62,385347.30 9.98%
Employee7,07,0707.71 0.22%
Total31,93,30,9213,480.71 100%

PhysicsWallah IPO Anchor Investor Allocation

A total of 14,33,80,733 shares at a price of Rs 109 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 10, 2025
Anchor investor price₹109.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days7,16,90,367
No. of shares locked-in for 90 days7,16,90,367
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ICICI PRUDENTIAL FLEXICAP FUND ICICI PRUDENTIAL MUTUAL FUND 54,96,988 59.92 3.83 1.72
2 ICICI PRUDENTIAL TECHNOLOGY FUND ICICI PRUDENTIAL MUTUAL FUND 50,38,997 54.93 3.51 1.58
3 ICICI PRUDENTIAL EQUITY & DEBT FUND ICICI PRUDENTIAL MUTUAL FUND 54,97,125 59.92 3.83 1.72
4 SMALLCAP WORLD FUND,INC. SMALLCAP WORLD FUND 1,41,98,132 154.76 9.90 4.45
5 KOTAK TECHNOLOGY FUND KOTAK MAHINDRA MUTUAL FUND 10,99,014 11.98 0.77 0.34
6 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 65,48,052 71.37 4.57 2.05
7 KOTAK SMALL CAP FUND KOTAK MAHINDRA MUTUAL FUND 65,51,066 71.41 4.57 2.05
8 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 76,74,603 83.65 5.35 2.40
9 NIPPON INDIA MULTI CAP FUND NIPPON INDIA MUTUAL FUND 49,88,581 54.38 3.48 1.56
10 NIPPON INDIA FLEXI CAP FUND NIPPON INDIA MUTUAL FUND 15,34,948 16.73 1.07 0.48
11 FRANKLIN TEMPLETON INVESTMENT FUNDS-TEMPLETON ASIAN SMALLER COMPANIES FUND FRANKLIN TEMPLETON 35,50,903 38.70 2.48 1.11
12 FRANKLIN TEMPLETON INVESTMENT FUNDS-TEMPLETON EMERGING MARKETS SMALLER COMPANIES FUND FRANKLIN TEMPLETON 14,30,143 15.59 1.00 0.45
13 TEMPLETON GLOBAL INVESTMENT TRUST-TEMPLETON EMERGING MARKETS SMALL CAP FUND TEMPLETON 14,88,779 16.23 1.04 0.47
14 FUNDPARTNER SOLUTIONS (SUISSE) SA-MIGROS-PENSIONSKASSE FONDS-AKTIEN WELT FUNDPARTNER SOLUTIONS (SUISSE) SA 8,47,619 9.24 0.59 0.27
15 GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO GOLDMAN SACHS 73,17,444 79.76 5.10 2.29
16 FIDELITY FUNDS-PACIFIC FUND FIDELITY 20,85,688 22.73 1.45 0.65
17 NEF-PACIFIC EQUITY NEF-PACIFIC EQUITY 6,65,272 7.25 0.46 0.21
18 PUBLIC SECTOR PENSION INVESTMENT BOARD-IIFL ASSET MANAGEMENT LTD. PUBLIC SECTOR PENSION INVESTMENT BOARD 30,27,426 33.00 2.11 0.95
19 AL MEHWAR COMMERCIAL INVESTMENTS LLC-(WANDA) AL MEHWAR COMMERCIAL INVESTMENTS LLC 25,68,750 28.00 1.79 0.80
20 360 ONE FLEXICAP FUND 360 ONE MUTUAL FUND 17,21,268 18.76 1.20 0.54
21 ADITYA BIRLA SUN LIFE DIGITAL INDIA FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 31,55,521 34.40 2.20 0.99
22 ADITYA BIRLA SUN LIFE BALANCED ADVANTAGE FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 31,55,521 34.40 2.20 0.99
23 ADITYA BIRLA SUN LIFE SPECIAL OPPORTUNITIES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 9,14,612 9.97 0.64 0.29
24 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND ASHOKA WHITEOAK 46,11,009 50.26 3.22 1.44
25 ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK EMERGING MARKETS EQUITY FUND ASHOKA WHITEOAK 18,80,736 20.50 1.31 0.59
26 ASHOKA INDIA EQUITY INVESTMENT TRUST PLC ASHOKA 7,33,909 8.00 0.51 0.23
27 MOTILAL OSWAL SERVICES FUND MOTILAL OSWAL MUTUAL FUND 1,64,537 1.79 0.11 0.05
28 MOTILAL OSWAL ACTIVE MOMENTUM FUND MOTILAL OSWAL MUTUAL FUND 6,40,064 6.98 0.45 0.20
29 MOTILAL OSWAL FLEXI CAP FUND MOTILAL OSWAL MUTUAL FUND 56,87,144 61.99 3.97 1.78
30 TATA DIGITAL INDIA FUND TATA MUTUAL FUND 22,93,517 25.00 1.60 0.72
31 TATA INDIA INNOVATION FUND TATA MUTUAL FUND 9,17,352 10.00 0.64 0.29
32 TATA MULTI ASSET ALLOCATION FUND TATA MUTUAL FUND 27,30,410 29.76 1.90 0.86
33 DSP MULTICAP FUND DSP MUTUAL FUND 23,14,341 25.23 1.61 0.72
34 DSP DYNAMIC ASSET ALLOCATION FUND DSP MUTUAL FUND 13,33,421 14.53 0.93 0.42
35 TIMF HOLDINGS TIMF HOLDINGS 70,42,348 76.76 4.91 2.21
36 INVESCO INDIA ELSS TAX SAVER FUND INVESCO MUTUAL FUND 22,93,517 25.00 1.60 0.72
37 INVESCO INDIA TECHNOLOGY FUND INVESCO MUTUAL FUND 4,58,676 5.00 0.32 0.14
38 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 22,93,380 25.00 1.60 0.72
39 EASTSPRING INVESTMENTS-ASIA OPPORTUNITIES EQUITY FUND EASTSPRING 18,34,841 20.00 1.28 0.57
40 HELIOS FLEXI CAP FUND HELIOS MUTUAL FUND 15,22,755 16.60 1.06 0.48
41 HELIOS LARGE & MID CAP FUND HELIOS MUTUAL FUND 1,65,085 1.80 0.12 0.05
42 HELIOS MID CAP FUND HELIOS MUTUAL FUND 1,46,864 1.60 0.10 0.05
43 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 18,34,704 20.00 1.28 0.57
44 AXIS MAX LIFE INSURANCE LTD.-ULIF 01311/02/08 LIFE HIGHER 104-HIGH GROWTH FUND AXIS MAX LIFE INSURANCE 13,76,028 15.00 0.96 0.43
45 BARODA BNP PARIBAS SMALL CAP FUND BARODA BNP PARIBAS MUTUAL FUND 13,76,028 15.00 0.96 0.43
46 BHARTI AXA LIFE INSURANCE CO.LTD. BHARTI AXA LIFE INSURANCE 13,76,028 15.00 0.96 0.43
47 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 13,76,028 15.00 0.96 0.43
48 CANARA ROBECO MID CAP FUND CANARA ROBECO MUTUAL FUND 13,76,028 15.00 0.96 0.43
49 CARNELIAN BHARAT AMRITKAAL FUND-2 CARNELIAN 13,76,028 15.00 0.96 0.43
50 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 6,88,014 7.50 0.48 0.22
51 EDELWEISS SMALL CAP FUND EDELWEISS MUTUAL FUND 5,96,224 6.50 0.42 0.19
52 EDELWEISS CONSUMPTION FUND EDELWEISS MUTUAL FUND 91,790 1.00 0.06 0.03
53 PGIM INDIA ELSS TAX SAVER FUND PGIM INDIA MUTUAL FUND 5,10,462 5.56 0.36 0.16
54 PGIM INDIA LARGE & MIDCAP FUND PGIM INDIA MUTUAL FUND 5,22,655 5.70 0.36 0.16
55 PGIM INDIA RETIREMENT FUND PGIM INDIA MUTUAL FUND 63,157 0.69 0.04 0.02
56 PGIM INDIA MULTI CAP FUND PGIM INDIA MUTUAL FUND 2,79,754 3.05 0.20 0.09
57 CHANAKYA WEALTH CREATION FUND CHANAKYA 9,17,447 10.00 0.64 0.29
14,33,80,7331,562.8510044.90

IPO Subscription FAQs

The PhysicsWallah IPO is subscribed 1.92 times by Nov 13, 2025 18:19.

PhysicsWallah IPO Subscription

Investor Category Subscription (times)
Qualified Institutional2.86
Non Institutional0.51
Retail Individual1.14
Employee Reservations3.71
Total Subscription1.92

Retail category of PhysicsWallah IPO subscribed 1.14 times as of date Nov 13, 2025 18:19. The public issue closes on Thu, Nov 13, 2025 for bidding.

An investor can apply in PhysicsWallah IPO online via bank (using ASBA) or the broker (using UPI). The PhysicsWallah IPO shares are offered online only.

The PhysicsWallah IPO is subscribed 1.92 times by Nov 13, 2025 18:19.

The PhysicsWallah IPO allotment status is expected on or around Friday, November 14, 2025. Visit PhysicsWallah IPO allotment status to check.

The PhysicsWallah IPO listing date is November 18, 2025. The equity share of PhysicsWallah IPO will list on BSE, NSE.

Visit PhysicsWallah IPO subscription status page for real-time bidding information about PhysicsWallah IPO.

PhysicsWallah IPO Timetable

IPO opens OnTuesday, November 11, 2025
IPO Closes OnThursday, November 13, 2025
Finalisation of Basis of AllotmentFriday, November 14, 2025
Initiation of RefundsMonday, November 17, 2025
Credit of Shares to Demat AccountMonday, November 17, 2025
IPO Listing DateTuesday, November 18, 2025
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