PhysicsWallah IPO Day 2 Subscription Status — ₹3,480 Cr EdTech Issue Sees 12% Bidding, GMP Steady at ₹3
PhysicsWallah IPO Day 2 Subscription Status: PhysicsWallah IPO Day 2 subscription status witnessed a modest rise in investor participation. After a slow start with only 7% subscription on Day 1, bids picked up slightly to reach around 12% by the end of Day 2.
Retail investors continued to drive demand, while institutional and NII participation remained cautious amid muted grey market activity.
What was the PhysicsWallah IPO Day 1 Subscription Status?
| Category | Shares Offered | Bids Received (Approx.) | Subscription (%) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 5.59 crore | 0.08 crore | 1.4% |
| Non-Institutional Investors (NII) | 4.19 crore | 0.23 crore | 5.5% |
| Retail Individual Investors (RII) | 8.84 crore | 1.00 crore | 11.3% |
| Employees | 0.12 crore | 0.03 crore | 25.0% |
| Total | 18.62 crore | 1.34 crore | 7.2% |
PhysicsWallah IPO Day 1 Subscription Status Summary:
The PhysicsWallah IPO opened with tepid institutional response but saw encouraging traction from retail investors and employees. The overall subscription stood at 7.2%, signaling investor caution on the debut day despite strong brand awareness in India’s EdTech space.
What was the PhysicsWallah IPO Day 2 Subscription Status?
| Category | Shares Offered | Bids Received (Approx.) | Subscription (%) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 5.59 crore | 0.42 crore | 7.5% |
| Non-Institutional Investors (NII) | 4.19 crore | 0.52 crore | 12.4% |
| Retail Individual Investors (RII) | 8.84 crore | 1.35 crore | 15.3% |
| Employees | 0.12 crore | 0.04 crore | 32.0% |
| Total | 18.62 crore | 2.33 crore | 12.5% |
PhysicsWallah IPO Day 2 Subscription Status Summary:
The overall subscription improved to 12.5%, primarily led by a surge in retail applications as per PhysicsWallah IPO Day 1 Subscription Status. Institutional investors’ participation picked up slightly, while HNIs (NIIs) increased bids moderately. Analysts expect stronger traction from QIBs on the final day as large funds finalise their allocations.
What Is PhysicsWallah IPO GMP Today?
The grey market premium (GMP) for PhysicsWallah IPO currently hovers between ₹2 and ₹3 per share, indicating muted optimism. The low GMP reflects cautious sentiment despite strong brand visibility and EdTech credibility. Experts suggest the subdued premium might also stem from competitive pricing and moderate growth projections in the post-pandemic education segment.
How to Apply for PhysicsWallah IPO?
Investors can apply for the IPO using either ASBA (through net banking) or UPI (via broker platforms like Groww, Zerodha, or Upstox).
- Minimum lot size: 137 shares
- Investment amount: ₹14,933 (at upper price band ₹109)
- Modes: UPI / ASBA
- Timeline: Bidding closes on November 13, allotment on November 14, listing likely on November 18
Ensure correct UPI approval and sufficient balance before submitting your application.
What Do Experts Say About PhysicsWallah IPO?
Market analysts view the PhysicsWallah IPO as a “long-term growth opportunity” but advise cautious entry.
- The company’s strong student base and brand recall could drive steady revenue growth, but highlighted valuation concerns.
- Few experts recommend subscribing only for long-term investors confident in the EdTech revival.
Bottom Line:
The PhysicsWallah IPO Day 2 subscription status gained moderate traction with total bids crossing 12%. Retail participation remains the key pillar, while QIB interest will be crucial on Day 3 to determine oversubscription prospects. The subdued GMP suggests fair valuation, but experts maintain a cautious outlook given sectoral headwinds.
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Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
