PhysicsWallah files draft red herring prospectus via confidential route

Physics Wallah has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi), a precursor to hitting the primary market from where the edtech Unicorn reportedly plans to raise around ₹4,500 crore through IPO.

The Noida-based firm has taken the confidential pre-filing route, which means the financial details will not be made public immediately.