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Anchor investors attracted strong interest with their participation receiving bids worth around ₹20,000 crore, equivalent to nearly 13 times oversubscription.
According to information provided by the company to the stock exchanges anchor investors were allotted 14,33,80,733 equity shares at ₹109 per share. Out of this 7.95 crore shares equivalent to about 55% of the anchor book were allotted to 14 domestic mutual funds from 35 schemes. These domestic funds collectively invested about ₹867 crore.
Know Who Were The Domestic Participants
Major domestic participants included ICICI Prudential Mutual Fund, Kotak Mutual Fund, Nippon India Mutual Fund, Aditya Birla Sun Life Mutual Fund, DSP Mutual Fund, Motilal Oswal Mutual Fund, Tata Mutual Fund, Bharti AXA Life, Edelweiss Mutual Fund and Canara Robeco Mutual Fund.
Additionally various companies such as Kotak Mahindra Capital Company, J.P. Morgan India Private Limited, Goldman Sachs India Securities Private Limited, and Axis Capital Limited are bankers to the issue. The issue also saw strong demand from several global institutional investors. International participants included Capital Research, Goldman Sachs Asset Management, Fidelity, Franklin Templeton, PineBridge, Eastspring Investments, and White Oak Capital.
Think Investments Partners with PhysicsWallah
Recently invested ₹136 crore in PhysicsWallah through a secondary share transaction at ₹127 per share, a 17% premium to the IPO's upper band of ₹109.
PhysicsWallah plans to open its IPO of ₹3,480 crore on 11 November. The issue comprises a fresh issue of ₹3,100 crore and an offer for sale of ₹380 crore by co-founders Alakh Pandey and Pratik Boob. The issue is priced between ₹103 and ₹109 per share valuing the company at over ₹31,500 crore.
In fiscal year 2025-26 the company reported operating revenue of ₹2,887 crore and a loss of ₹243 crore. In the first quarter (April-June 2025) of fiscal year 2025-26 the company reported revenue of ₹847 crore and a loss of ₹127 crore.
This article was originally published by the Entrepreneurindia.com. To read the full version, visit here 
