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Physics Wallah Selects 4 Investment Bankers For $500 Mn IPO

Inc42 · 8m

- Axis Capital, Kotak Mahindra Capital, Goldman Sachs, and JP Morgan have been shortlisted as bankers for Physics Wallah's upcoming IPO. - The proposed IPO is expected to include a combination of fresh issuance of shares and offer for sale. - The deal size is yet to be finalized but may aim to raise between $400 Mn to $500 Mn. - Physics Wallah recently raised $210 Mn in a funding round led by Hornbill Capital, effectively doubling its valuation to $2.8 Bn.