Indian edtech firm PhysicsWallah makes trading debut at 33% premium after $393 million IPO

Indian edtech firm PhysicsWallah makes trading debut at 33% premium after $393 million IPO

Indian edtech firm PhysicsWallah makes trading debut at 33% premium after $393 million IPO

(Reuters) -Shares ​of Indian ‌edtech firm PhysicsWallah soared ‌33% premarket in its trading debut on ⁠Tuesday,‌ as prospects for continued ‍business growth fueled investor appetite after its ​$393 million ‌IPO.

The stock listed at 145 rupees on the National Stock Exchange of ⁠India, ​compared ​with its issue price of 109 ‍rupees.⁠

(Reporting by Manvi ⁠Pant in Bengaluru; ‌Editing by ‌Mrigank Dhaniwala)

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