Archive · 21 Nov 2025
PhysicsWallah Shares Slump Post-IPO
PhysicsWallah, an ed-tech company that provides free education for competitive exams, saw its shares drop by 16% in the third trading session after its successful IPO.
This is the second consecutive day of decline, wiping out a significant chunk of the initial gain.
Despite the loss, the company's market capitalization remains high.
The founders, Alakh Pandey and Prateek Maheshwari, still own a majority stake in the company.
PhysicsWallah shares slumped 16% to INR 121 in third trading session
This is the second consecutive session of decline after a bumper debut
The company's market capitalisation stood at INR 37,333 Cr (about $4.2 Bn) at the time
PhysicsWallah's FY25 loss declined 78% YoY, but Q2 results are yet to be disclosed
Cofounders Alakh Pandey and Prateek Maheshwari own over 72% stake post-IPO
- Who
- PhysicsWallah, an ed-tech company
- What
- Experienced a stock price decline post-IPO
- When
- In the third trading session after the IPO
- Where
- Indian stock market
- Why
- Due to market dynamics and investor sentiment
Bullish View
Bearish View
Listing Gains
Bullish View
Strong initial gains of 36% on the first day
Bearish View
Short-term excitement that faded quickly
- IPO Launch Date
- November 18, 2022
- Initial Price Band
- INR 103-109
- Market Capitalisation (as of Nov 22)
- INR 37,333 Cr (about $4.2 Bn)
- Founders' Stake Post-IPO
- Over 72%
Sources
Humility and tech: Pillars behind making billionaires Alakh Pandey and Prateek Maheshwari’s Rs 31,000 crore ed-tech startup
PhysicsWallah plummets over 11% intra-day – What next for investors
PhysicsWallah Shares Slump 16% To INR 121 In Third Trading Session
