Mumbai, Nov. 11 -- The initial public offer of Physicswallah received bids for 1,31,22,682 shares as against 18,62,04,143 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (11 November2025). The issue was subscribed 0.07 times.

The issue opened for bidding on 11 November 2025 and it will close on 13 November 2025. The price band of the IPO is fixed between Rs 103 and 109 per share. An investor can bid for a minimum of 137 equity shares and in multiples thereof.

The IPO consists of a fresh issue of Rs 3100 crore and offer for sale of Rs 380 crore.

The selling shareholders include Alakh Pandey, who will offload 1,74,31,193 equity shares at the upper price band, aggregating Rs 190 crore; and Prateek Boob, who will ...