{"id":22221,"date":"2025-10-31T09:50:10","date_gmt":"2025-10-31T09:50:10","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/10\/31\/physicswallah-plans-rs-3820-crore-ipo-aims-to-become-indias-first-listed-edtech-ipo-news\/"},"modified":"2025-10-31T09:50:10","modified_gmt":"2025-10-31T09:50:10","slug":"physicswallah-plans-rs-3820-crore-ipo-aims-to-become-indias-first-listed-edtech-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/31\/physicswallah-plans-rs-3820-crore-ipo-aims-to-become-indias-first-listed-edtech-ipo-news\/","title":{"rendered":"PhysicsWallah Plans Rs 3,820-Crore IPO, Aims To Become India&#8217;s First Listed Edtech | Ipo News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9671665\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">October 31, 2025, 15:15 IST<\/time><\/p>\n<h2 id=\"asubttl-9671665\" class=\"jsx-c9f81425ec968c48 jsx-528781106 asubttl-schema\">PhysicsWallah, led by Alakh Pandey, is set for a Rs 3,820 crore IPO, aiming for a $5 billion valuation and expanding its reach to 9.88 crore learners across the country<\/h2>\n<div class=\"jsx-cc1b15cf85effb8b artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgblu\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-cc1b15cf85effb8b artshare\">\n<div class=\"jsx-cc1b15cf85effb8b stickdiv\">\n<div class=\"jsx-cc1b15cf85effb8b deskwrapstkdiv\">\n<div class=\"jsx-cc1b15cf85effb8b fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-cc1b15cf85effb8b lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-528781106 amimg\"><img decoding=\"async\" alt=\"Physicswallah is reportedly targeting a valuation of around $5 billion. \" title=\"Physicswallah is reportedly targeting a valuation of around $5 billion. \" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-528781106\"\/><\/p>\n<p>Physicswallah is reportedly targeting a valuation of around $5 billion. <\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">From a small YouTube channel offering free lessons to becoming one of the country\u2019s leading edtech giants, PhysicsWallah is all set to script another milestone, a public debut in the stock market. Founded by Alakh Pandey, fondly known as \u201cAlakh Sir&#8221; by lakhs of students, the company is preparing to launch its Initial Public Offering (IPO) worth approximately Rs 3,820 crore in the coming weeks, according to media reports.<\/p>\n<p id=\"1\" class=\"story_para_1\">PhysicsWallah, now a unicorn valued at over $1 billion, has already held discussions with potential investors. The proposed IPO will include the issuance of new shares worth Rs 3,100 crore, aimed at raising fresh capital, alongside an offer-for-sale (OFS) of Rs 720 crore by existing shareholders.<\/p>\n<p id=\"2\" class=\"story_para_2\">Both co-founders, Alakh Pandey and Prateek Maheshwari, who currently hold 40.35% stake each, are expected to offload a small portion of their shares. Among institutional investors, WestBridge Capital owns 6.41% and Hornbill Capital holds 4.42% in the firm.<\/p>\n<p id=\"3\" class=\"story_para_3\">The company had confidentially filed its draft IPO papers with the Securities and Exchange Board of India (SEBI) in March 2025, received approval in July, and submitted an updated draft red herring prospectus (DRHP) in September.<\/p>\n<h2>Where The IPO Funds Will Go<\/h2>\n<p id=\"5\" class=\"story_para_5\">PhysicsWallah plans to utilise Rs 710 crore from the proceeds for marketing and brand promotion. Another Rs 548 crore will go towards lease payments for its existing offline and hybrid learning centres, Rs 460 crore for capital expenditure on new centres, and Rs 471 crore will be invested in its subsidiary, Xylem Learning Private Limited.<\/p>\n<h2>Ambitious Valuation Goals<\/h2>\n<p id=\"7\" class=\"story_para_7\">The company is reportedly targeting a valuation of around $5 billion. In September 2024, it had raised $210 million at a valuation of $2.8 billion. Between FY23 and FY25, PhysicsWallah\u2019s paid user base grew at a compound annual growth rate (CAGR) of 59%, reaching 44.6 crore students in FY25.<\/p>\n<p id=\"8\" class=\"story_para_8\">Despite its rapid expansion, the company continues to face financial headwinds. In FY24, PhysicsWallah reported revenue of Rs 1,940 crore but recorded a loss of nearly Rs 1,130 crore. Nonetheless, its reach remains unmatched, the platform today serves a community of 9.88 crore learners across its digital and offline channels.<\/p>\n<div class=\"jsx-c9f81425ec968c48 jsx-528781106 artcta\"><a href=\"https:\/\/news18.co\/n18egpab\" target=\"_blank\" rel=\"noopener noreferrer\">Follow News18 on Google<\/a>. Join the fun, play <a href=\"https:\/\/www.news18.com\/games\/\">QIK games on News18<\/a>. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-528781106 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>October 31, 2025, 15:15 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-528781106 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/ipo\/\">ipo<\/a>  <span class=\"brdout\"> PhysicsWallah Plans Rs 3,820-Crore IPO, Aims To Become India&#8217;s First Listed Edtech<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-528781106 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/ipo\/physicswallah-plans-rs-3820-crore-ipo-aims-to-become-indias-first-listed-edtech-ws-kl-9671665.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:October 31, 2025, 15:15 IST PhysicsWallah, led by Alakh Pandey, is set for a Rs 3,820 crore IPO, aiming for a $5 billion valuation and expanding its reach to 9.88 crore learners across the country Physicswallah is reportedly targeting a valuation of around $5 billion. From a small YouTube channel offering free lessons to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":11133,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-22221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=22221"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/11133"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=22221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=22221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=22221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}