PhysicsWallah Raises INR 1,562.8 Cr From Anchor Investors

PhysicsWallah (PW) has raised INR 1,562.8 Cr from anchor investors a day ahead of opening its initial public offering (IPO) for bidding. Anchor investors subscribed to 14.33 Cr equity shares at INR 109 apiece

Of these, 7.96 Cr shares, or 55% of the total anchor round, were lapped up by 14 domestic mutual funds, including ICICI Prudential, Motilal Oswal, 360 ONE Assets, Aditya Birla Sun Life, Edelweiss, among others

Besides, other investors who participated in the anchor round…