Archive · 8 Nov 2025
Think Investments Buys Stake in PhysicsWallah Ahead of IPO
A big investment company called Think Investments recently bought a small part of PhysicsWallah, a company that helps students learn for exams.
They paid about 136 crore rupees for this small piece.
This happened just a few days before PhysicsWallah plans to sell shares to the public for the first time through something called an IPO.
The price Think Investments paid was actually higher than the highest price PhysicsWallah is planning to charge people in the IPO.
This shows that investors are really excited about PhysicsWallah.
The company is growing fast and is planning to use the money from the IPO to expand its physical learning centers and for marketing.
Think Investments invested Rs 136 crore for a 0.41% stake in PhysicsWallah.
The investment was made through a secondary share transaction with 14 PhysicsWallah employees.
Think Investments paid Rs 127 per share, 17% higher than PhysicsWallah's IPO upper price band of Rs 109.
PhysicsWallah's IPO is scheduled to open on November 11, 2025, with an IPO price band of Rs 103-109.
The IPO aims to raise Rs 3,480 crore, with a significant portion allocated for offline expansion and marketing.
- Who
- Think Investments (global investment firm)
- What
- Acquired a 0.41% stake in edtech company PhysicsWallah for Rs 136 crore.
- When
- November 4, 2025
- Where
- Noida-based PhysicsWallah
- Why
- To invest in a company with strong investor appetite ahead of its IPO.
Investor Sentiment
IPO Details
Valuation and Share Price
Investor Sentiment
Think Investments acquired a stake at Rs 127 per share, which is 17% higher than the IPO's upper price band of Rs 109. This premium pricing suggests strong investor confidence in PhysicsWallah's future prospects.
IPO Details
The IPO's upper price band is set at Rs 109 per share, valuing PhysicsWallah at Rs 31,500 crore. This valuation represents a significant increase from its last funding round.
- Investor
- Think Investments
- Amount Invested
- Rs 136 crore
- Stake Acquired
- 0.41%
- Transaction Type
- Secondary share transaction
- Purchase Price per Share
- Rs 127
- IPO Upper Price Band
- Rs 109
- IPO Valuation (Upper Band)
- Rs 31,500 crore
- IPO Opening Date
- November 11, 2025
Sources
We priced the IPO modestly to leave value on the table for retail investors: Prateek Maheshwari, Co-founder of PhysicsWallah
Global Firm Think Investments Invests ₹136 Crore In Edtech Unicorn PhysicsWallah As Part Of Pre-IPO Funding Round
Think Investments Picks Up Stake Worth INR 136 Cr In IPO-Bound PhysicsWallah
Think Investments infuses ₹136 crore in PhysicsWallah ahead of IPO
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