PW All Set For IPO, India’s Data Centre Boom & More

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PhysicsWallah’s Biggest Test Yet

PhysicsWallah is all set for its D-Street debut. The edtech giant has filed its red herring prospectus with SEBI for an INR 3,480 Cr public listing, which will open next week. So, how does the IPO of the YouTube-born unicorn stack up?

Decoding PW’s RHP: The edtech major’s public issue will comprise a fresh issue of shares worth INR 3,100 Cr and an OFS of up to INR 380 Cr. While institutional backers aren’t offloading their stakes, the promoters have slashed their OFS from INR 720 Cr to INR 380 Cr,…



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PW All Set For IPO, India’s Data Centre Boom & More


PhysicsWallah’s Biggest Test Yet

PhysicsWallah is all set for its D-Street debut. The edtech giant has filed its red herring prospectus with SEBI for an INR 3,480 Cr public listing, which will open next week. So, how does the IPO of the YouTube-born unicorn stack up?

Decoding PW’s RHP: The edtech major’s public issue will comprise a fresh issue of shares worth INR 3,100 Cr and an OFS of up to INR 380 Cr. While institutional backers aren’t offloading their stakes, the promoters have slashed their OFS from INR 720 Cr to INR 380 Cr,…



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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