New Delhi, Nov. 18 -- PhysicsWallah's entry into the public markets delivered a strong first-day signal for India's edtech sector. The stock opened at Rs.145 on the NSE, a 33 per cent premium to its issue price of Rs.109, and at Rs.143.10 on the BSE, before touching an intraday high of Rs.162.05. The listing pushed the company's market value to around Rs.43,453 crore and positioned PhysicsWallah as a notable new entrant among recently listed digital-first companies.

For an industry that has seen fluctuating sentiment over the last three years, the early response to PhysicsWallah indicates that investor appetite for scaled learning platforms has not disappeared. The company's journey from a YouTube channel to a national hybrid operation h...