Archive · 19 Nov 2025
PhysicsWallah & Emmvee Photovoltaic IPOs: Mixed Views & Strong Demand
Two companies, PhysicsWallah and Emmvee Photovoltaic, listed their shares on the stock market today.
PhysicsWallah's shares were in high demand before listing, with investors willing to pay ₹14 more per share than the issue price.
Emmvee's shares listed at their issue price, with no extra demand.
Both IPOs had strong support from investors, and this year has seen a lot of companies raising money through IPOs in India.
PhysicsWallah Ltd shares listed at a 33% premium on BSE and NSE
Emmvee Photovoltaic Ltd shares listed at their issue price on BSE and NSE
PhysicsWallah IPO was subscribed 1.81 times, with strong support from QIBs and retail investors
Emmvee Photovoltaic IPO was subscribed 97% on the final day, with strong support from QIBs and retail investors
Both IPOs raised significant funds amidst a record year for IPO filings and fundraising in India
- Who
- PhysicsWallah Ltd and Emmvee Photovoltaic Ltd
- What
- Listing of shares on stock exchanges following Initial Public Offerings (IPOs)
- When
- November 18, 2025
- Where
- BSE and NSE
- Why
- To make company shares available for public trading and raise funds
Skeptics
Optimists
Valuation Concerns
Skeptics
PhysicsWallah's high valuation and profitability concerns may warrant caution.
Optimists
Strong brand and growth potential may justify the premium valuation.
Market Timing
Skeptics
Emmvee's listing at issue price may indicate lack of investor enthusiasm.
Optimists
Strong IPO subscription and robust Q1 FY26 performance suggest underlying strength.
- PhysicsWallah IPO Listing Price
- ₹145 per share (₹109 issue price + ₹33 premium)
- Emmvee Photovoltaic IPO Listing Price
- ₹217 per share (issue price)
- PhysicsWallah IPO Subscription Status
- 1.81 times
- Emmvee Photovoltaic IPO Subscription Status
- 97%
- Total Amount Raised (PhysicsWallah)
- ₹3,480.71 crore
- Total Amount Raised (Overall IPOs in 2025)
- Over ₹3.47 trillion
Sources
PhysicsWallah IPO Listing Today: GMP, Price, Subscription
PhysicsWallah IPO: ‘Overpriced’ or ‘Long-Term Buy’? 4 Market Gurus weigh in
With IPO filings at a decade's high, calendar 2025 may end a record year by monies raised
Emmvee Photovoltaic IPO listing date today. Here’s what GMP, experts signal on share debut
PhysicsWallah IPO listing date today. GMP, experts signal debut of shares at strong premium in Indian stock market
Fujiyama Power Systems IPO allotment: Steps to check status on BSE, NSE and MUFG Intime India
PhysicsWallah Shares To List Today: GMP Signals 9% Listing Pop; What Should Investors Expect?
PhysicsWallah IPO Listing Today: Here’s What the GMP Suggests Ahead of Listing
PhysicsWallah IPO Share Price LIVE: Stock to list today; GMP, experts signal strong debut in Indian stock market
PhysicsWallah shares make strong debut on Indian stock market, list at 33% premium
Physics Wallah Share Price: Edtech Major Lists at 33% Premium on D-Street Debut - Key Highlights
PhysicsWallah shares stage strong market debut with 33% listing premium
PhysicsWallah IPO: Edtech Firm's Shares List At Nearly 33% Premium
PhysicsWallah IPO listing: Shares make their market debut today. Check share price, details
PhysicsWallah’s Rs 31,000 cr story: Why Alakh Pandey thrived and Byju’s didn’t
PhysicsWallah Share Price & IPO Listing Live: Shares to debut on NSE, BSE today
PhysicsWallah shares end with 42% listing gains