PhysicsWallah IPO: Rapid Growth, Offline Push, and a Risk Debate After Zerodha Post
Posted by Aarav Khatri on
Sep, 11 2025
PhysicsWallah has filed for a Rs 3,820 crore IPO with SEBI after revenue jumped from Rs 744.32 crore in FY23 to Rs 2,886.64 crore in FY25. A widely discussed Zerodha post sparked talk about unique risks, though the post itself wasn’t available. Here’s a clear look at the growth story, the offline pivot, and the big questions on investor minds.
