PhysicsWallah Makes Blockbuster Debut, Lists At 33% Premium

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SUMMARY

PhysicsWallah’s shares listed at INR 145 on the NSE INR 143.10 on the BSE

The public issue, which comprised a fresh issue of INR 3,100 Cr and an OFS of INR 380 Cr, was subscribed 1.8X

PhysicsWallah’s cofounders, Alakh Pandey and Prateek Maheshwari, sold shares worth INR 780 Cr via the OFS

Edtech major PhysicsWallah’s shares made a stellar debut on the bourses today, listing at a premium of 33% at INR 145 on the NSE.

The stock got listed at INR 143.10 on the BSE,…



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PhysicsWallah Makes Blockbuster Debut, Lists At 33% Premium


SUMMARY

PhysicsWallah’s shares listed at INR 145 on the NSE INR 143.10 on the BSE

The public issue, which comprised a fresh issue of INR 3,100 Cr and an OFS of INR 380 Cr, was subscribed 1.8X

PhysicsWallah’s cofounders, Alakh Pandey and Prateek Maheshwari, sold shares worth INR 780 Cr via the OFS

Edtech major PhysicsWallah’s shares made a stellar debut on the bourses today, listing at a premium of 33% at INR 145 on the NSE.

The stock got listed at INR 143.10 on the BSE,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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