Business
PhysicsWallah IPO Listing Price Prediction: GMP Rises, Step-By-Step Guide To Check Allotment Status
Last Updated:
PhysicsWallah IPO, priced at Rs 103-109, saw allotment on November 14, 2025. Promoters Alakh Pandey and Prateek Maheshwari reduce stake to 72 percent. GMP signals weak listing.

PhysicsWallah IPO
PhysicsWallah IPO Listing Price Prediction, GMP Today: The allotment of the initial public offering (IPO) of PhysicsWallah was finalized on November 14, 2025. The Rs 3,480-crore issue opened between Tuesday, November 11 and Thursday, November 13. The price band has been fixed in the range of Rs 103-Rs 109 apiece.
The IPO includes a fresh issue of Rs 3,100 crore and an offer-for-sale (OFS) of Rs 380 crore by co-founders and promoters Alakh Pandey and Prateek Maheshwari.
Together, the promoters currently hold 80.62 per cent of the company, which will reduce to 72 per cent post-IPO. Notably, none of the early investors will sell their stakes in this offering.
The market listing will take place on November 18 on both the BSE and the NSE.
PhysicWallah IPO: Here’s Step-By-Step Guide To Check Allotment Status
You have to keep handy the PAN you used to apply, your application number / UPI reference (if available), and your bank account or broker details.
Find the IPO registrar
Every IPO has a registrar (company that manages allotment). Check the IPO prospectus, your broker/app, or the company’s website to know the registrar name.
Common registrars include KFintech, Link Intime, Bigshare, etc.
Go to the registrar’s allotment page
On the registrar’s website there’s usually an “IPO allotment status” or “Check allotment” section.
Enter the required details (PAN is most commonly accepted). Some registrars also accept Application No., Demat Client ID, or UPI reference.
Use the stock exchange allotment check (optional)
BSE and NSE provide allotment links for many IPOs (or link to the registrar). If you can’t find the registrar, check the IPO page on NSE/BSE or the company’s investor relations page.
Check via your broker or IPO app
Most broker apps (Zerodha, Upstox, Groww, Paytm Money, etc.) will show allotment status automatically — log in, go to “Investments / IPOs / Applications” and view status.
If you applied through a bank or UPI app, they may also show the status.
Check your demat account
If shares are allotted, they are credited to your demat account. Log in to your DP portal (NSDL/CDSL or your broker’s demat view) and check holdings the day before or on listing day.
Check bank account for refund
If you were not allotted, refund should be credited back to the bank account used for ASBA/UPI mandate. Monitor that account — refunds usually appear within a few working days after allotment (timing depends on registrar/bank).
If allotment page returns nothing or shows error
Re-check PAN spelling and the exact details you entered.
Try alternate inputs: PAN, Application number, DP ID + Client ID.
Try checking via your broker or the stock exchange page.
What to do after allotment
If allotted: confirm shares are in demat; note the listing date and decide whether to hold or sell. For short-term trades, check lock-in rules if any.
If not allotted: wait for refund confirmation and plan next opportunity.
PhysicsWallah IPO Listing Price Prediction, GMP
According to market observers, unlisted shares of PhysicsWallah Ltd are currently trading at Rs 115 apiece in the grey market, which is a premium 5.50% over the upper IPO price of Rs 109, indicating weak listing.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Think Investments Infuses Rs 136 Crore In Pre-IPO Round
Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round.
Think Investments is a USD 4 billion global investment firm, focusing on backing technology-driven early-stage businesses. In India, Think Investments has built a diverse portfolio with investments in some of the prominent companies, including Swiggy, FirstCry, Urban Company, PharmEasy, Experian, Spinny, NSE, Star Health, Meesho, Rapido, Chaayos, and Dream11.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
November 15, 2025, 16:16 IST
Read More