PhysicsWallah IPO Subscription History

As of November 18, 2025, the PhysicsWallah IPO has been subscribed 2.33 times overall. The IPO is fully subscribed.

The PhysicsWallah IPO subscription window was open from November 11, 2025 to November 13, 2025. Investors could apply through their demat account or ASBA facility.

The PhysicsWallah IPO has a price band of ₹103 to ₹109 per share, with a lot size of 137 shares. Minimum retail investment: ₹14,111 (lower band) or ₹14,933 (upper band).

The QIB category has been subscribed 2.86 times. QIBs were offered 238,967,889 shares.

Retail investors subscribed 1.12 times. Retail was offered 31,862,385 shares.

Overall NII: 0.51×. bNII (>₹10L): 0.58×, sNII (<₹10L): 0.37×. NII includes HNIs and corporate entities investing above ₹2 lakh.

Basis of allotment is on November 14, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

PhysicsWallah IPO is expected to list on November 18, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

A subscription multiple of 2.33× means investors have bid for 2.33 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

Based on the current retail subscription of 1.12×, the estimated allotment probability for retail investors is Good. Decent chance of full allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

You can apply for PhysicsWallah IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Nov 11 to Nov 13, 2025.

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest PhysicsWallah IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.