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    <title>PhysicsWallah IPO receives 13 pc subscription on day 2</title>
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    <description>PhysicsWallah launched a Rs 3,480-crore offering comprising a fresh issue of Rs 3,100 crore and an Offer for Sale of up to Rs 380 crore at a price band of Rs 103-109 per share. Day-two subscription stood at 13% overall (retail 58%, non-institutional 6%, QIBs 0.6%), with Rs 1,563 crore raised from anchor investors. The company used the confidential pre-filing route, obtained regulatory approval, and intends to use proceeds for expansion and growth.</description>
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