Physics Wallah Shares Surge 33% on Stellar NSE Debut, Exceeding Expectations

Overview

Edtech firm Physics Wallah's shares debuted strongly on stock exchanges, listing at a 33% premium on the NSE at INR 145 and 31.39% on the BSE at INR 143.10, against an issue price of INR 109. The company's public issue, which aimed for a valuation around INR 31,169 crore, was subscribed 1.8 times.