PhysicsWallah IPO Listing Price Prediction: GMP Swings Ahead Of Market Debut Tomorrow

PhysicsWallah IPO Listing Price Prediction, GMP Today: With the allotment of PhysicsWallah IPO being done, investors who have been allotted shares are looking towards the market debut. The shares are likely

to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) tomorrow, November 18, 2025.

The grey market premium of PhysicsWallah IPO is swinging between Rs 6-9, indicating modest listing gains. The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

PhysicsWallah IPO Subscription Status

The PhysicsWallah IPO closed with an overall subscription of 1.81 times as of November 13, 2025, at 7 PM. The Qualified Institutional Buyers (QIB) category saw strong demand and was subscribed 2.70 times, with most of the interest coming from mutual funds and foreign institutional investors. In contrast, the Non-Institutional Investor (NII) segment recorded weaker participation, ending at just 0.48 times subscription.

The retail category saw stable interest and was slightly oversubscribed at 1.06 times. Meanwhile, the employees’ quota witnessed the highest response, closing at 3.49 times subscription. Overall, the IPO received moderate demand across categories, with strong institutional and employee participation balancing the lower HNI response.

PhysicsWallah IPO Listing Price Prediction

According to market observers, unlisted shares of PhysicsWallah Ltd are currently trading at Rs 117 apiece in the grey market, which is a premium 7.34% over the upper IPO price of Rs 109, indicating a modest listing.

PhysicsWallah IPO Details

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 is sell their stakes in this offering.

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.

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.