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Think Investments has invested over Rs 136 crore in PhysicsWallah. This funding comes ahead of the edtech company's upcoming IPO next week. PhysicsWallah is preparing to launch its Rs 3,480 crore initial public offering. The IPO opens on November 11 and closes on November 13. Proceeds will fund expansion and growth initiatives.

Physics Wallah (PW) co-founder and whole-time director, Prateek Maheshwari on Friday said that the objective of bringing the company's Initial Public Offering (IPO) is to "have a larger reach, larger branding."

Lenskart and Groww IPOs saw GMPs drop 75 percent post-subscription despite strong oversubscription, highlighting risks of chasing grey market hype over company fundamentals.

Veteran investor Sandip Sabharwal has cautioned that Indias ongoing IPO frenzy may be masking deeper concerns about transparency and earnings quality. He highlighted a pattern of companies turning profitable only before their listings, adding that heavy promoter selling and institutional interest are overheating the primary market while keeping secondary sentiment subdued.

JSW Cement reported a profit of Rs 75.36 crore for the September quarter of FY26, a significant turnaround from a loss of Rs 75.82 crore in the same period last year. This improvement was driven by double-digit growth in sales volume, reaching 3.11 million tonnes. The company also reduced its net debt by Rs 1,335 crore following IPO proceeds.

Think Investments invested Rs 136 crore in PhysicsWallah ahead of its Rs 3,480-crore IPO.

Global investment firm Think Investments has acquired a 0.37% stake in edtech unicorn PhysicsWallah for Rs 136 crore ahead of its Rs 3,480-crore IPO opening on November 11.

The IPO frenzy continues to grip Dalal Street as three of India's most talked-about new-age companies -- Lenskart, PhysicsWallah, and Groww -- prepare for listing. Grey market trends suggest that next week's listings could deliver returns ranging from 4% to as high as 22%, depending on investor sentiment and market momentum.Here's a look at the week's key IPOs and what the grey market is indicating: Listing Buzz

The Lenskart IPO is here, but would Warren Buffett touch it? He hasn't bought an IPO since 1955, calling them a "stupid game" where sellers win, not buyers. With the Lenskart IPO valued at over $8 billion, more than the entire $6.6 billion Indian eyewear market, you need to read why Buffett would likely give it a miss.

MUMBAI: The Rs 6,632-crore IPO for online financial services platform Groww was subscribed 17.6 times at close on Friday, with institutional investors.