PhysicsWallah Gets SEBI Nod For IPO

PhysicsWallah received SEBI’s approval for its IPO within four months of filing the DRHP via the confidential pre-filing route.

As per the latest update on SEBI’s website, the regulator issued observations to the edtech company on July 18

PW’s IPO size would be around INR 4,600 Cr and the company would be valued at $3.7 Bn

Edtech major PhysicsWallah (PW) has received markets regulator SEBI’s approval for its IPO within four months of filing its draft red herring prospectus (DRHP) via the confidential…