PhysicsWallah Limited has allotted, 14,33,80,733 Equity Shares to 57 anchor investors and raised ₹1,562.85 crores ahead of company’s proposed IPO at the upper price band of ₹ 109 per equity share with face value of ₹ 1 per share (including share premium of ₹109 per equity share). Out of the total allocation of 14,33,80,733 Equity Shares to the Anchor Investors, 7,95,48,091 Equity Shares (i.e. 55.48% of the total allocation to Anchor Investors) were allocated to 14 domestic mutual funds through a total of 35 schemes.
The anchor book saw participation from a wide variety of domestic investors, including ICICI Prudential MF, Kotak MF, Nippon MF, Aditya Birla Sun Life MF, DSP MF, 360 ONE, Motilal Oswal MF, Tata MF, Bharti AXA MF, Edelweiss MF, and Canara Robeco MF to name a few. The anchor book saw participation from a wide variety of international investors, including Capital Research, Goldman Sachs Asset Management (GSAM), Fidelity, Franklin Templeton Global, Eastspring Investments, Pine Bridge and White Oak Capital.
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