Ed-tech platform PhysicsWallah sets IPO price band, eyes Rs 28,073 crore valuation
Indian education technology platform PhysicsWallah set a price band of 103-109 rupees per share for its initial public offering, targeting a valuation of 280.73 billion rupees ($3.19 billion) at the upper end, according to Reuters calculations.
PhysicsWallah, whose backers include WestBridge and Hornbill Capital, will launch its IPO for a three-day bidding for retail investors on November 11, it said in a newspaper advertisement on Thursday.
