PhysicsWallah IPO GMP Today, 13 November 2025: Grey Market Premium Turns Flat As QIBs Rescue Subscription
Location: Mumbai | Date: 13 November 2025 Edtech unicorn PhysicsWallah Ltd is closing its ₹3,480 crore initial public offering (IPO) today, but the grey market premium (GMP) has almost vanished even as institutional money pushed the issue comfortably over the fully-subscribed mark in the final hours of bidding. Moneycontrol+2NDTV Profit+2 While Qualified Institutional Buyers (QIBs) have stepped in to lift overall demand, most grey market trackers now indicate near-flat listing expectations, signalling that the Indian stock market is cautious about paying a big premium for a loss-making but fast-growing edtech brand. PhysicsWallah IPO GMP Today (13 November 2025) Different GMP-tracking