PhysicsWallah IPO, Nov. 12 -- The initial public offering (IPO) of edtech company PhysicsWallah Ltd entered its second day of bidding on Wednesday. PhysicsWallah IPO has been witnessing lukewarm demand from investors so far.

PhysicsWallah IPO opened for subscription on Tuesday, November 11, and will close on Thursday, 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.

The company aims to raise Rs.3,480 crore from the book-building issue, which is a combination of fresh issue of 28.44 crore equity shares worth Rs.3,100 crore, and an offer-for-sale (OFS) component of 3.49 crore equity shares aggregating to Rs.380 crore. ...