Physics Wallah ipo date, Share Price Target Tomorrow, 2025, 2026, 2030
Physics Wallah is an Indian online learning company started by Alakh Pandey. It first began as a YouTube channel and later grew into a big company that provides affordable and easy learning through online, offline, and mixed classes. The company helps students prepare for JEE and NEET exams and also offers courses for classes 6–12 and job skill programs. At the start, it only taught physics, but now it covers many subjects for school, college, and professional learning. Its main goal is to give good-quality education at a low price so that every student can learn well. It works through its app, website, and learning centres across India and also has many YouTube channels in different Indian languages.
- 1 What is Physics Wallah Ltd IPO?
- 2 Physics Wallah IPO Details
- 3 Physics Wallah Share Price Target Tomorrow (Listing day price)
- 4 Physics Wallah Share Price Target 2025
- 5 Physics Wallah share price Target 2026
- 6 Share price Target 2027
- 7 Share price Target 2028
- 8 Share price Target 2029
- 9 Physics Wallah share price Target 2030
- 10 Share price Target 2040
- 11 Share Price Target 2050
- 12 Should I buy Physics Wallah stock?
- 13 Physics Wallah earnings results (Financials)
- 14 Is Physics Wallah stock good to buy? (bull case & bear case)
- 15 Physics Wallah IPO Promoter Holding
- 16 Objects of the Issue (Physics Wallah IPO Objectives)
- 17 Physics Wallah ipo gmp
- 18 Conclusion
- 19 FAQs
What is Physics Wallah Ltd IPO?
Physics Wallah was started in 2016 by Alakh Pandey in Allahabad, Uttar Pradesh, India. It is an Indian online learning platform. It first began as a YouTube channel where he taught science and maths in a simple and interesting way. The videos helped students prepare for exams like JEE, NEET, and school board exams. Because students liked his easy teaching style, the channel became very popular and later turned into a full education company. Now, it offers online classes, study notes, tests, and live sessions at low prices. It also has offline coaching centres in many cities and is known for giving good education at an affordable cost.
Physics Wallah IPO Details
| IPO Date | November 11, 2025 to November 13, 2025 |
| Listing Date | 18 November |
| Face Value | ₹1 per share |
| Price Band | ₹103 to ₹109 per share |
| Minimum Investment | ₹14111 |
| Lot Size | 137 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 2,60,79,56,938 shares |
| Share Holding Post Issue | 2,89,23,60,607 shares |
The company has grown over the past few years. Its profits have gone up and down because the company spent a lot of money to grow and run its business. It has managed to lower its debt, which is a good thing, but it still needs to use its money more wisely to earn better returns. The company remains a strong, growing education company that generates strong income and is focused on long-term success in both online and offline learning.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -14 | +37 |
It is one of India’s fastest-growing education companies. It started as a small YouTube channel and has now become a big name in online learning. The company was started by Alakh Pandey and Prateek Maheshwari with the dream of giving good and low-cost education to every student in India. It helps students prepare for JEE, NEET, and school exams. Today, it offers both online and offline classes, so students from all places can learn easily and reach their goals. In 2025, its share price target would be ₹230, as per stock market analysts.
According to stock market analysts, its share price would be between ₹77 to ₹230 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 77 | 230 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| November | 77 | 144 |
| December | 74 | 230 |
Its app and website are very simple and easy for students to use. They provide recorded and live lessons, tests, notes, and practice papers for all subjects. Students can also talk to teachers and ask questions through live chat or discussion groups. The app works well even with slow internet, which helps students in villages too. It has also made YouTube channels in many languages, like Hindi, Bengali, and Marathi, so students from all over India can learn easily. In 2026, its share price target would be ₹410, as per stock market analysts.
According to stock market analysts, its share price would be between ₹207 to ₹410 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 207 | 410 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 207 | 272 |
| February | 217 | 284 |
| March | 220 | 297 |
| April | 224 | 303 |
| May | 235 | 317 |
| June | 237 | 328 |
| July | 242 | 337 |
| August | 247 | 340 |
| September | 260 | 357 |
| October | 266 | 375 |
| November | 288 | 384 |
| December | 300 | 410 |
Along with online learning, it has also opened many offline centres in different cities. These centres are PW Pathshalas, where students can study in classrooms and also use online videos for extra help. This hybrid system gives the best mix of classroom and digital learning. These centres are much cheaper than other big coaching institutes. It also gives scholarships to students from poor families, so money does not stop anyone from studying and reaching their dreams. In 2027, its share price target would be ₹622, as per stock market analysts.
According to stock market analysts, its share price would be between ₹377 to ₹622 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 377 | 622 |
It offers many kinds of courses for school students, entrance exams, and skill learning. For classes 6 to 12, it teaches Physics, Chemistry, Math, and Biology. It also gives special training for JEE, NEET, UPSC, GATE, SSC, and bank exams. The teachers explain lessons in very easy steps with examples, so even hard topics become simple to understand. It has also started skill-based programs to help students learn coding, finance, management, and other modern career skills. In 2028, its share price target would be ₹837, as per stock market analysts.
According to stock market analysts, its share price would be between ₹589 to ₹837 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 589 | 837 |
It became very popular because it gives high-quality education at very low prices. Other big coaching centres charge a lot of money, but their fees are much lower while keeping the quality high. The company believes education should be for everyone, not just for rich students. This low-cost model helped it become very popular in small towns and villages. Many students who could not afford expensive classes are now studying well and getting great results with the help of PW’s online and hybrid learning. In 2029, its share price target would be ₹1060, as per stock market analysts.
According to stock market analysts, its share price would be between ₹810 to ₹1060 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 810 | 1060 |
In 2022, it became India’s first EdTech company, which means its value became more than one billion dollars. This was a big success for the company and also for Indian education. It proved that affordable education can also be successful. It has received many awards for its great work in online learning. Thousands of students from PW have passed hard exams like JEE and NEET, showing that good education can change lives and create success. In 2030, its share price target would be ₹1340, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1020 to ₹1340 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 1020 | 1340 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1020 | 1113 |
| February | 1039 | 1122 |
| March | 1052 | 1152 |
| April | 1044 | 1160 |
| May | 1050 | 1167 |
| June | 1062 | 1175 |
| July | 1064 | 1190 |
| August | 1073 | 1200 |
| September | 1085 | 1210 |
| October | 1102 | 1233 |
| November | 1120 | 1250 |
| December | 1140 | 1340 |
After starting, it grew very fast. It added more subjects, hired good teachers, and made full courses for students in classes 6 to 12. It also began coaching for engineering and medical entrance exams. During the COVID-19 lockdown, when schools were closed, many students started taking online classes, and it became their favourite choice. The number of students on its app and YouTube channels grew very quickly. Later, it also opened offline centres in many cities so students could learn both online and in classrooms. In 2040, its share price target would be ₹3450, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3130 to ₹3450 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 3130 | 3450 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3130 | 3267 |
| February | 3162 | 3280 |
| March | 3164 | 3300 |
| April | 3170 | 3312 |
| May | 3180 | 3330 |
| June | 3204 | 3352 |
| July | 3226 | 3374 |
| August | 3254 | 3390 |
| September | 3274 | 3411 |
| October | 3290 | 3455 |
| November | 3325 | 3471 |
| December | 3358 | 3450 |
In the last few years, it has grown very fast in business, too. Its income and number of students have increased every year. The company is also spending more on technology and new learning centres across India. Even though it faced some problems with profit during its growth, it continues to move forward strongly. PW focuses more on helping students in the long term instead of just earning quick money. It is now one of the top EdTech companies in India. In 2050, its share price target would be ₹7790, as per stock market analysts.
According to stock market analysts, its share price would be between ₹7340 to ₹7790 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 7340 | 7790 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7340 | 7470 |
| February | 7371 | 7484 |
| March | 7388 | 7510 |
| April | 7411 | 7530 |
| May | 7430 | 7550 |
| June | 7437 | 7562 |
| July | 7452 | 7584 |
| August | 7480 | 7610 |
| September | 7472 | 7631 |
| October | 7522 | 7650 |
| November | 7553 | 7682 |
| December | 7611 | 7790 |
Should I buy Physics Wallah stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 77 | 230 |
| 2026 | 207 | 410 |
| 2027 | 377 | 622 |
| 2028 | 589 | 837 |
| 2029 | 810 | 1060 |
| 2030 | 1020 | 1340 |
| 2040 | 3130 | 3450 |
| 2050 | 7340 | 7790 |
The company is growing fast, and many students are joining its courses, which indicates that the company is doing well. But even though its sales are increasing, it is still not making a profit yet. The company is trying to improve its money management and has reduced its loans, which is a good thing. However, it still earns very little from the money it invests and spends a lot on opening new centres and adding more services. Because of these high costs, the company’s overall profit remains low, even though its business is expanding quickly.
Physics Wallah earnings results (Financials)
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
| Sales + | 233 | 744 | 1,941 | 2,887 |
| Expenses + | 99 | 766 | 2,098 | 2,688 |
| Operating Profit | 134 | -22 | -157 | 199 |
| OPM % | 57% | -3% | -8% | 7% |
| Other Income + | 2 | 28 | -672 | -6 |
| Interest | 0 | 21 | 65 | 85 |
| Depreciation | 4 | 75 | 298 | 366 |
| Profit before tax | 132 | -89 | -1,193 | -259 |
| Tax % | 25% | -6% | -5% | -6% |
| Net Profit + | 98 | -84 | -1,131 | -243 |
| EPS in Rs | 16.37 | -13.57 | -173.40 | -0.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Is Physics Wallah stock good to buy? (bull case & bear case)

Bull Case:
- It has more than 10 million students using its app and YouTube channels, which shows that many students trust and like its teaching.
- The company’s revenue has crossed ₹2,000 crore, meaning it is earning a good amount of money and growing quickly.
- It follows a low-cost education model, which helps students from small towns and villages afford good learning.
- The company now offers hybrid learning (both online and classroom), giving students more flexible study options.
- It has a strong brand name and loyal students, which helps it stay ahead of other education platforms.
- It is also adding new skills and job-related courses, which can help increase its income in the future.
- If the company controls its spending well, it can soon become profitable and financially stronger.
- India’s large and growing education market gives PW a big chance to expand more in the coming years.
- People who invest for the long term may get good returns as the company continues to grow and improve.
Bear Case:
- The company has a net loss of about ₹375 crore.
- Its total spending has grown by over 300%, mostly because of opening new centres and spending more on ads.
- Its competitors like BYJU’S, Unacademy, and Vedantu already hold a strong position in the EdTech market.
- Expanding too fast might reduce focus and affect the teaching quality or student help.
- It has low profit margins, so it needs to manage money more carefully to stay stable.
Physics Wallah IPO Promoter Holding
Alakh Pandey and Prateek Boob are the company promoters.
| Promoter Holding Pre Issue | 81.64% |
| Promoter Holding Post Issue | — |
Objects of the Issue (Physics Wallah IPO Objectives)
- The company plans to spend ₹460.55 crore for setting up and preparing new offline and hybrid learning centres.
- It will use ₹548.31 crore to pay leases for its existing offline and hybrid centres.
- Around ₹31.65 crore will be used for building and setting up new offline centres under Xylem.
- About ₹15.52 crore will go towards lease payments for Xylem’s current offline centres and hostels.
- It will invest ₹33.70 crore in its subsidiary Utkarsh Classes & Edutech Pvt. Ltd. to cover lease payments for its existing offline centres.
- The company will spend ₹200.11 crore on servers and cloud infrastructure to improve online learning technology.
- Around ₹710.00 crore will be used for marketing and promotional activities to grow the brand.
- It will spend ₹26.50 crore to buy more shares in its subsidiary, Utkarsh Classes & Edutech Pvt. Ltd.
- The remaining funds will be used for acquisitions and general corporate purposes to support business growth.
Physics Wallah ipo gmp
| Date | IPO GMP | Gain |
| 13 Nov | ₹2 | 0.92% |
| 12 Nov | ₹1 | 0.91% |
| 11 Nov | ₹4 | 3.66% |
| 10 Nov | ₹4 | 3.66% |
| 8 Nov | ₹5 | 4.58% |
| 7 Nov | ₹5 | 4.58% |
| 6 Nov | ₹9 | 8.25% |
Conclusion
It is one of India’s most successful education companies. It started as a simple YouTube channel by Alakh Pandey and has now become a big platform for learning online and offline. The company is growing very fast and helps many students get a good-quality education at a low cost. It offers many different courses and keeps opening new study centres across the country. But because it is growing quickly, its spending is also high, and it is not making big profits yet. Overall, it has a strong future, but people should invest wisely and think long-term.

