India, Nov. 10 -- Edtech company PhysicsWallah (PW) has raised INR 1,562.8 Cr from anchor investors a day ahead of opening its initial public offering (IPO) for bidding. Anchor investors subscribed to 14.33 Cr equity shares at INR 109 apiece.

Of these, 7.96 Cr shares, or 55% of the total anchor round, were lapped up by 14 domestic mutual funds, including ICICI Prudential, Motilal Oswal, 360 ONE Assets, Aditya Birla Sun Life, Edelweiss, among others.

Besides, other investors who participated in the anchor round included Franklin Templeton, Goldman Sachs, Fidelity, Helios, DSP, and Invesco.

The largest allocations went to Smallcap World Fund (9.9%), Goldman Sachs India Equity Portfolio (5.1%), and Nippon India Small Cap Fund (5.35%).

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