PhysicsWallah Share Price Today: Stocks trade at over 30% premium; should you buy, sell or hold?
PhysicsWallah Share Price Today: The stock opened at ₹145 on the NSE, a premium of ₹36 per share or 33.03 per cent above its issue price of ₹109, while on the BSE it debuted slightly lower at ₹143.10
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PhysicsWallah
PhysicsWallah IPO listing: Alakh Pandey–led edtech firm PhysicsWallah continued its upward trajectory on the bourses after a stellar Dalal Street debut on Tuesday, November 18, following the close of its initial public offering (IPO), which raised ₹3,480.71 crore.
The stock surged 48.41 per cent from its IPO issue price of ₹109 to hit an intraday high of ₹161.99 on the NSE.
Earlier in the day, PhysicsWallah shares listed at ₹145 on the NSE, commanding a premium of ₹36, or 33.03 per cent, over the issue price. On the BSE, the counter made a slightly softer debut at ₹143.10, still a healthy premium of ₹34.10, or 31.28 per cent.
The strong listing comfortably beat grey-market expectations. Ahead of the debut, PhysicsWallah was quoting around ₹123 in the unofficial market, translating into a grey-market premium (GMP) of ₹14, or roughly 12.84 per cent over the issue price, according to market trackers.
Should you buy, sell or hold?
Despite a strong debut, Ravi Singh, chief research officer at MasterTrust, maintained a cautious view, stating that the long-term outlook remains weak. "Investors who were allotted the company's shares during the IPO should book profits at current levels," he said.
On the other hand, Shivani Nyati, Head of Wealth at Swastika Investmart, recommended that investors book partial profits while holding the remaining shares for medium-term growth, with a stop loss at ₹130.
PhysicsWallah IPO details
The IPO comprised a fresh issue of 284.5 million shares and an offer for sale (OFS) of 34.9 million shares, open for subscription from November 11 to 13, 2025. Priced in the ₹103–109 band, the IPO witnessed a tepid start but gained momentum on the final day, closing at 1.81 times subscription according to NSE data.
Institutional investors led the surge, with qualified institutional buyers (QIBs) subscribing 2.7 times, while retail and non-institutional investors put in modest bids at 1.06 times and 0.48 times, respectively. The company finalised the allotment on November 14, fixing the issue price at the upper end of the band, ₹109 per share.
IPO proceeds earmarked for expansion and technology upgrades
According to the company’s Red Herring Prospectus (RHP), proceeds from the OFS will accrue entirely to selling shareholders, while funds from the fresh issue will fuel expansion and strategic investments. The company plans to deploy ₹460.1 crore for capex, expanding its offline and hybrid learning centres, and ₹548.3 crore toward lease payments for existing facilities.
Further allocations include ₹4.2 crore for subsidiary Xylem Learning, ₹28 crore for Utkarsh Classes Edutech, and ₹200.1 crore to strengthen server and cloud infrastructure. Marketing initiatives are slated to absorb ₹710 crore, while ₹26.5 crore is earmarked to acquire an additional stake in Utkarsh Classes Edutech. The balance will support inorganic growth opportunities and general corporate purposes, underscoring the company’s focus on scaling both organically and through strategic investments.
12:06 PM
PhysicsWallah Share Price LIVE updates: Edtech stock continues its northward march
PhysicsWallah Share Price LIVE updates: The shares of PhysicsWallah continued to trade in positive territory on Tuesday after posting a strong debut.
11:56 AM
PhysicsWallah Share Price LIVE updates: Excelsoft Technologie IPO opens tomorrow; should you subscribe?
PhysicsWallah Share Price LIVE updates: "We recommend subscribe to this IPO with medium term view. The company is a SaaS
solutions and services provider with a global presence. While it has sustained healthy growth in its topline, its bottom line has remained volatile. The business operateswithin a highly competitive and fragmented marketsegment."
Views by: Kunvarji Wealth Solution
Views by: Kunvarji Wealth Solution
11:49 AM
PhysicsWallah Share Price LIVE updates: A glance at broader markets
PhysicsWallah Share Price LIVE updates: Weighed by global weakness, stock markets in India declined on Tueesday with the benchmark indices falling up to 0.4 per cent. The BSE Sensex index quoted at 84,672, falling 279 points, while the Nifty50 at 25,913, down 101 points. TRACK LIVE UPDATES HERE
11:40 AM
PhysicsWallah Share Price LIVE updates: Three-Fourths of IPO proceeds since 2015 have been secondary exits
PhysicsWallah Share Price LIVE updates: Since 2015, nearly three-fourths of all initial public offering (IPO) proceeds — Rs 4.73 trillion — have comprised offer-for-sale (OFS), while only Rs 2.44 trillion has been raised through fresh issuance, according to data from Prime Database. READ MORE
11:29 AM
PhysicsWallah Share Price LIVE updates: 'Successful listing reflects a shift toward sustainable, scalable education models'
PhysicsWallah Share Price LIVE updates: “PhysicsWallah debuted at a premium, with post-listing valuation at FY25 EV/Sales of ~13x versus IPO valuation of 10.3x, signaling investor confidence in its disciplined approach and mass-market ambition. The successful listing reflects a shift toward sustainable, scalable education models. Unlike peers, PW demonstrated consistent growth, diversified revenue streams, and a hybrid delivery model resonating with Tier-II and Tier-III markets. If performance sustains, this could revive interest in edtech IPOs and set a benchmark for profitability-focused, scalable models in a sector that faced turbulence post-COVID. Going forward, the market will closely track PW’s ability to scale its offline presence while leveraging its strong online base and tech integration—key drivers of future valuation.”
Views by: Anil R, research analyst, Geojit Investments
11:19 AM
PhysicsWallah Share Price LIVE updates: How will PhysicsWallah utilise IPO proceeds?
PhysicsWallah Share Price LIVE updates: According to the company’s Red Herring Prospectus (RHP), proceeds from the OFS will accrue entirely to selling shareholders, while funds from the fresh issue will fuel expansion and strategic investments.
The company plans to deploy ₹460.1 crore for capex, expanding its offline and hybrid learning centres, and ₹548.3 crore toward lease payments for existing facilities. Further allocations include ₹4.2 crore for subsidiary Xylem Learning, ₹28 crore for Utkarsh Classes Edutech, and ₹200.1 crore to strengthen server and cloud infrastructure. Marketing initiatives are slated to absorb ₹710 crore, while ₹26.5 crore is earmarked to acquire an additional stake in Utkarsh Classes Edutech. The balance will support inorganic growth opportunities and general corporate purposes, underscoring the company’s focus on scaling both organically and through strategic investments.
The company plans to deploy ₹460.1 crore for capex, expanding its offline and hybrid learning centres, and ₹548.3 crore toward lease payments for existing facilities. Further allocations include ₹4.2 crore for subsidiary Xylem Learning, ₹28 crore for Utkarsh Classes Edutech, and ₹200.1 crore to strengthen server and cloud infrastructure. Marketing initiatives are slated to absorb ₹710 crore, while ₹26.5 crore is earmarked to acquire an additional stake in Utkarsh Classes Edutech. The balance will support inorganic growth opportunities and general corporate purposes, underscoring the company’s focus on scaling both organically and through strategic investments.
11:04 AM
PhysicsWallah Share Price LIVE updates: Edtech stock continues its northward march
PhysicsWallah Share Price LIVE updates: The company's shares continued to trade in positive territory on Tuesday after posting a strong debut.
10:53 AM
PhysicsWallah Share Price LIVE updates: 'Allottees may book partial profits'
PhysicsWallah Share Price LIVE updates: "The listing reflected investor confidence in PW’s strong brand recall, affordable test-prep offerings, and its fast-growing hybrid model through both online platforms and PW Pathshala centers.
The company’s strengths include a loyal student base, scalable digital content engine, expanding offline footprint, and diversified presence across JEE, NEET, UPSC, and state-level exams. However, competition from other edtech and offline coaching giants, regulatory uncertainties in the education sector, and the challenge of sustaining profitability during expansion remain key risks.
The IPO garnered healthy retail participation, supported by expectations of continued demand for hybrid learning and deeper penetration in Tier II–III markets. Allottees may book partial profits and hold the remaining shares for medium-term growth with stop loss at ₹130."
Views by: Shivani Nyati, Head of Wealth at Swastika Investmart
10:43 AM
PhysicsWallah Share Price LIVE updates: Should you buy, sell or hold?
PhysicsWallah Share Price LIVE updates: Despite a strong debut, Ravi Singh, chief research officer at MasterTrust, maintained a cautious view, stating that the long-term outlook remains weak. "Investors who were allotted the company's shares during the IPO should book profits at current levels," said Singh.
10:38 AM
PhysicsWallah Share Price LIVE updates: Stock continues to trade at a premium on BSE
PhysicsWallah Share Price LIVE updates: Here’s how PhysicsWallah’s shares are faring on the BSE post listing.
10:27 AM
PhysicsWallah Share Price LIVE updates: Stock slips below its listing price
PhysicsWallah Share Price LIVE updates: After a solid debut, the company’s shares slipped below their listing price but continue to trade above the issue price on the NSE.
10:22 AM
PhysicsWallah Share Price LIVE updates: Check LIVE listing ceremony of PhysicsWallah
PhysicsWallah Share Price LIVE updates: Here's the diect link to see the LIVE listing ceremony of PhysicsWallah
https://www.youtube.com/live/eABe_TzJazo
https://www.youtube.com/live/eABe_TzJazo
10:17 AM
PhysicsWallah Share Price LIVE updates: Emmvee Photovoltaic share makes muted debut
PhysicsWallah Share Price LIVE updates: Emmvee Photovoltaic made a flat debut on the Indian stock exchanges on Tuesday, November 18, 2025, listing at ₹217 per share on the BSE -- the same as its issue price of ₹217, implying no listing premium. READ MORE
10:14 AM
PhysicsWallah Share Price LIVE updates: Groww enters top 100 most-valuable club; stock up 94% from IPO price
PhysicsWallah Share Price LIVE updates: Billionbrains Garage Ventures, the parent company of Groww, extended its sharp post-listing rally, soaring 11 per cent to ₹193.91 on the BSE in Tuesday’s intra-day trade. The stock price of the stock broking & allied services company was trading higher for the fifth straight day. READ MORE
10:10 AM
PhysicsWallah Share Price LIVE updates: Investors demand continues to soar
PhysicsWallah Share Price LIVE updates: After posting a strong debut and listing at a 33 per cent premium, the stock continues to trade northwards on the bourses. At 10:09 AM, PhysicsWallah shares were seen exchanging hands at ₹146.86 per share, up 1.28 per cent from the listing price and 41.60 per cent from the issue price.
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First Published: Nov 18 2025 | 8:08 AM IST
