CAM advises on Physicswallah IPO
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The firm’s Capital Markets and sectoral experts guided the BRLMs, Kotak, J.P. Morgan, Goldman Sachs and Axis Capital, through the transaction, which opened on 11 November 2025.

Physicswallah ₹3,480 crore IPO
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This is the largest public offering by an Indian ed-tech company to date. The deal, executed through SEBI’s confidential filing route, saw strong investor demand with 1.81x overall subscription.