Reported about 21 hours ago
Indian ed-tech platform PhysicsWallah has announced a price range of 103-109 rupees per share for its upcoming IPO, aiming for a valuation of approximately 280.73 billion rupees ($3.19 billion). The IPO bidding for retail investors will commence on November 11, while trading on the Indian stock exchanges is set to begin on November 18. Co-founders Alakh Pandey and Prateek Boob are expected to sell shares worth 3.8 billion rupees, adjusted from their initial target of 7.2 billion rupees.
Source: YAHOO