India, Nov. 6 -- Physicswallah Ltd. has announced public offering of 319266055 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 108.00 per share. The gross proceeds of the issue are expected to be Rs 3,48,000.00 lakhs.
The company's initial public offer (IPO) will open on 11 November 2025 and is expected to close on 13 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 103.00-109.00 per share.
The IPO includes a fresh Issue of 319266055 Equity Shares of the Company at an price of Rs 109.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 137 shares with bids in multiples of 137.
Physicswallah Ltd. anticipates using the proceeds of the issue for...