Issue Subscribed 16% So Far On Day 3

PW’s issue attracted 2.95 Cr bids against the 18.62 Cr shares on offer for the investors

Retail investors have placed the highest 2.39 Cr bids against the 3.37 Cr shares reserved for them

PW’s IPO will close for subscription today, and its shares are expected to list on the bourses on November 18

Edtech unicorn PhysicsWallah’s IPO continued to see lukewarm response, with the issue subscribed 16% till 11:00 IST on the final day of bidding today. The public issue received bids for 2.95 Cr shares against 18.62 Cr…