New Delhi : Shares of edtech unicorn PhysicsWallah Ltd on Tuesday listed with a premium of 33 per cent against the issue price of Rs 109.The stock started trading at Rs 143.10, registering a jump of 31.28 per cent from the issue price on the BSE, becoming the first major pure-play edtech company to debut on the exchanges. Later, it surged 48.66 per cent to Rs 162.05.

File Image |

At the NSE, the stock got listed at Rs 145, a premium of 33 per cent from the issue price.The company's market valuation stood at Rs 43,453.03 crore.The initial public offering (IPO) of PhysicsWallah received nearly 2 times subscription on the final day of bidding on Thursday last week.The Rs 3,480-crore initial share sale had a price band of Rs 103-109 per share.

File Image |

The IPO had a fresh issue of equ

See Full Page