New Delhi, Nov 13 (PTI) The initial public offering of edtech unicorn PhysicsWallah received nearly 2 times subscription on the final day of bidding on Thursday.

The Rs 3,480-crore initial share sale received bids for 33,62,27,044 shares against 18,62,04,143 shares on offer, translating to 1.81 times subscription, according to the data available with the NSE.

The portion for Qualified Institutional Buyers fetched 2.70 times subscription, while the Retail Individual Investors segment subscribed 1.06 times. The quota for Non-Institutional Investors has been subscribed only 48 per cent.

On Wednesday, the initial public offering (IPO) of PhysicsWallah received a lukewarm response from investors, garnering only 13 per cent subscription.

On Monday, PhysicsWallah said it has raised Rs 1,563 c

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