PhysicsWallah IPO: Edtech major PhysicsWallah is set to launch its Rs 3,480-crore initial public offering (IPO) tomorrow, Tuesday, November 11. The price band has been fixed in the range of Rs 103-Rs 109 apiece. Ahead of the IPO, analysts at brokerage firms have shared their recommendations, with most giving a ‘subscribe’ rating while several granted a ‘neutral’ rating to the IPO.

Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round.

However, the grey market premium (GMP), which indicates IPO’s demand among investors, remains subdued at 2.75%.

PhysicsWallah IPO: Key Dates

The IPO will open on Tuesday, November 11, and conclude on November 13. Its share allotment will be finalised on Friday,

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