New Delhi, Nov. 13 -- The public offering for Edtech unicorn PhysicsWallah opened for subscription on Tuesday, November 11, and will close on Thursday, November 13. PhysicsWallah IPO GMP today is Rs.1.25.

The response to the PhysicsWallah IPO has been lackluster so far, as of the second day of bidding. However, the third day of bidding could potentially see full subscription of the issue. The retail segment has received over 50% of bookings, while the employee segment has been completely filled.

For the public issue, PhysicsWallah IPO has allocated a minimum of 75% of shares for qualified institutional buyers (QIB), up to 15% for non-institutional investors (NII), and no more than 10% reserved for retail investors. Additionally, shares ...