The initial public offering (IPO) of PhysicsWallah opens for bidding on Tuesday, November 11. The ed-tech player shall be offering its shares in the range of Rs 103-109 apeice. Investors can apply for a minimum of 137 equity shares and its multiples thereafter. The issue shall close for bidding on Thursday, November 13. Advertisement

PhysicsWallah shall raise a total of Rs 3,480 crore via IPO, which includes a fresh share sale of Rs 3,100 crore and an offer-for-sale (FOS) of up to 3,48,62,395 equity shares worth Rs 380 crore. The net proceeds from the issue shall be utilized towards capital expenditure of new and existing centres, investments in subsidiaries, investment in cloud and AI infra and general corporate purposes.

PhysicsWallah is an edtech company offering test preparation cou

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