PhysicsWallah IPO Allotment: How To Check Status On BSE, NSE, MUFG; Direct Links, GMP, Listing Date

PhysicsWallah IPO Allotment Status: PhysicsWallah is likely to announce the allotment status of its Rs 3,480 crore worth IPO. Investors can check their application status on BSE, NSE and registrar MUFG Intime Private Limited. The latest grey market premium (GMP) signals at a subdued listing of PhysicsWallah on BSE and NSE.

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There are many options to check application status for PhysicsWallah IPO such as bank account, IFSC code, demat account, BSE, NSE and the registrar of the public offer. Among the most easiest methods is to check the status online on BSE, NSE and MUFG Intime Private Limited following four easy steps.

PhysicsWallah IPO Allotment Status On MUFG Intime:

Step 1: CLICK on the official link of MUFG Intime IPO allotment status. Direct Link Is Below:

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2: Select the company name PhysicsWallah IPO

Step 3: Enter either PAN number, application number, DP/Client number, account number, or IFSC code to proceed with the procedure.

Step 4: Click on Submit. The status of your application will appear accordingly.

PhysicsWallah IPO Allotment Status On BSE:

Step 1: Click on the main page of IPO allotment status of BSE. Direct Link Below:

https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select the issue type 'Equity'.

Step 3: Enter issue name 'PhysicsWallah Ltd'.

Step 4: Enter either Application No or PAN Card number. After doing so, click on Search.

PhysicsWallah IPO Allotment Status On NSE:

Step 1: Click On NSE's 'Verify IPO Bids' page. Direct Link Below:

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select the issue type 'Equity & SME IPO Bid Details'.

Step 3: Select the issue symbol, which is 'PHYSICS'.

Step 4: Enter PAN card and Application number before clicking on SUBMIT.

PhysicsWallah IPO GMP:

PhysicsWallah IPO last GMP is Rs 0.7, last updated Nov 14th 2025 10:57 AM. With the price band of 109.00, PhysicsWallah IPO's estimated listing price is Rs 109.7 (cap price + November 14th GMP).The expected percentage gain/loss per share is 0.64%, as per Investor Grain.

The GMP of PhysicsWallah made a mild jump after being volatile and under pressure for the past few days. PhysicsWallah GMP was NIL on November 13, compared to GMP of Rs 1.25 on November 12. On the day when the IPO opened, PhysicsWallah GMP slipped to Rs 1.5 on November 11, compared to GMP of Rs 3 on November 10, and Rs 4 on November 9-8. The highest GMP of PhysicsWallah was of Rs 9 and that was recorded on November 5th.

Since November 5th, PhysicsWallah's GMP has dropped sharply by 92.22%.

PhysicsWallah IPO Listing Date:

Once the allotment status is completed, PhysicsWallah IPO will initiate refunds or credit shares in demat account on November 17th. The tentative listing date is likely on November 18.

Earlier, Rajan Shinde, Research Analyst at Mehta Equities in a report said, "We believe PhysicsWallah Ltd IPO brings investors an opportunity to invest in India's largest and fastestgrowing Edtech platform, uniquely positioned across online, offline and hybrid learning models. We think with over 9.88 cr YouTube subscribers, 0.45 cr paid users, and 303 offline centers, the company has built a powerful ecosystem that combines accessibility, affordability, and quality education at scale."

Also, the analyst believes that the company's strong brand recall, tech-driven pedagogy and deep regional penetration give it a significant edge in India's rapidly expanding test prep and upskilling market. Supported by AI-enabled tools like AI Sahayak, TeacherX, and PW Drona, and a 6,200+ strong academic team, PhysicsWallah continues to enhance learning outcomes and scalability. By looking at the financials, the reported exceptional revenue growth of 160.7% in FY2024 and 48.7% in FY2025, though it remains loss making do to substantial investments in offline expansion and new business verticals.

That being said, the analyst added, hence, traditional valuation metrics such as P/E may not provide a fair assessment. On valuation parse at the upper price band of Rs109/-, the issue is asking for a Market cap of Rs 31527/- crore. Based on FY2025 actuals, the company is valued at approx~10.4x market-cap-to-sales, and at around ~8.8x FY2026 annualised revenue, which appears aggressively priced.

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