PhysicsWallah IPO, Nov. 11 -- Edtech company PhysicsWallah Ltd launched its initial public offering (IPO) on Tuesday, to raise more than Rs.3,400 crore from the primary market. The company offers test-preparation courses for competitive examinations and other upskilling courses. PhysicsWallah IPO is open for public subscription from November 11 to November 13.

The IPO allotment date is likely November 14, and the IPO listing date is November 18. PhysicsWallah shares will be on both the stock exchanges, BSE and NSE.

PhysicsWallah IPO price band is set at Rs.103 to Rs.109 per share. At the upper end of the price band, the company aims to raise Rs.3,480 crore from the book-building issue, which is a combination of fresh issue of 28.44 cror...