Physics Wallah IPO Allotment Day! Listing Buzz Builds - Don't Miss These Key Updates!

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Satyam Jha | Whalesbook News Team

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Physics Wallah's Initial Public Offering (IPO) is at a critical juncture as investors await the share allotment results today, November 14. The company successfully garnered Rs 3,480 crore through its IPO, which included fresh issuance worth Rs 3,100 crore and an offer for sale totaling Rs 380 crore. The IPO's price band was set between Rs 103 and Rs 109 per equity share. The bidding period for the IPO ran from November 11 to November 13. Post-allotment, the shares are scheduled to make their debut on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 18, according to the tentative timeline. Kotak Mahindra Capital Company acted as the lead book-running manager, with MUFG Intime India serving as the registrar for the IPO. A reservation of up to 7.52 lakh shares was also allocated for employees, offered at a Rs 10 discount.

Impact This news is highly significant for investors who participated in the Physics Wallah IPO, directly influencing their investment decisions and potential returns. It also offers insights into the current investor sentiment towards new listings and the performance of the EdTech sector. Rating: 7/10

Difficult Terms: IPO (Initial Public Offering): A process where a private company offers its shares to the public for the first time to raise capital. GMP (Grey Market Premium): An unofficial indicator of demand for an IPO, representing the premium at which shares trade before listing on the stock exchange. Demat Account: An electronic account used to hold shares and other securities, similar to a bank account for cash. P/Revenue Multiple (Price-to-Revenue Ratio): A valuation metric that compares a company's stock price to its revenue per share. It helps assess how much investors are willing to pay for a company's sales. TTM Basis (Trailing Twelve Months): A financial calculation based on the performance over the most recent four quarters or 12 months. Inorganic Growth: Business expansion achieved through acquiring or merging with other companies, rather than through internal expansion. Hybrid Learning: An educational model that combines traditional classroom instruction with online learning components. Digital Penetration: The degree to which digital technologies and internet services are adopted and used within a specific region or population.