Shares of PhysicsWallah Ltd, one of India's most-followed edtech platforms, made a decent market debut on Tuesday, listing at Rs 145 on NSE -- a 33.03 per cent premium to the company’s initial public offering (IPO) price of Rs 109. On BSE, the stock opened at Rs 143.10, reflecting a 31.28 per cent premium. Advertisement

The Rs 3,480-crore IPO -- among the largest from the edtech sector -- closed with moderate subscription.

The IPO, open for bidding between November 11 and 13, received applications for 33.62 crore shares against 18.62 crore shares on offer, reflecting an overall subscription of 1.81 times, according to NSE data.

The qualified institutional buyers (QIBs) segment led demand with a 2.7 times subscription. The retail investor portion saw marginal interest at 1.06 times, whi

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