Whalesbook
PhysicsWallah Ltd, a prominent ed-tech firm, debuted on the BSE and NSE today at a 40% premium to its IPO price of Rs 109 per share. The stock reached intraday highs of Rs 162.05 on BSE and Rs 162 on NSE. The Rs 3,480 crore IPO aims to fund expansion, despite the company currently being loss-making with a PAT of -Rs 243.26 crore for the period ending March 31, 2025. Its high valuation metrics suggest pricing based on future growth potential.