New Delhi, Sept. 8 -- PhysicsWallah Ltd, one of India's largest edtech platforms, which filed an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) of Rs.3,820 crore, highlighted an unusual risk.

Among the usual suspects like "competition" and "regulatory risk," the ed-tech platform's DRHP dives candidly into student safety incidents - offering a surreal look at life inside offline learning centres.

The DRHP by the edtech company, which is preparing for its IPO, cited several security-related incidents like harassment complaints, safety concerns, and even one bizarre episode where a student allegedly hurled a slipper at faculty during a video call.

One...