PhysicsWallah IPO GMP - Live Grey Market Premium
Alloted
Physics Wallah (PW) is one of India’s leading education companies, offering affordable and high-quality courses for competitive exams (JEE, NEET, UPSC, GATE) and skill development. The company operates a hybrid learning model combining online platforms (website, app, and YouTube channels with nearly 99 million subscribers) with tech-enabled offline/hybrid centers (303 centers as of June 30, 2025). PW is among the top five education companies in India by revenue and is the largest in terms of student community. The company has successfully diversified its offerings and uses a proprietary technology stack to enhance student learning experiences.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
14 Nov 2025Live | 109 | 5 | 114 | +4.59 |
13 Nov 2025 | 109 | 0 | 109 | 0.00 |
12 Nov 2025 | 109 | 1 | 110 | +0.92 |
11 Nov 2025 | 109 | 1 | 110 | +0.92 |
10 Nov 2025 | 109 | 3 | 112 | +2.75 |
9 Nov 2025 | 109 | 4 | 113 | +3.67 |
8 Nov 2025 | 109 | 4 | 113 | +3.67 |
7 Nov 2025 | 109 | 5 | 114 | +4.59 |
6 Nov 2025 | 109 | 5 | 114 | +4.59 |
5 Nov 2025 | 109 | 9 | 118 | +8.26 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.