5 IPOs will open in the market this week:5 companies, including EdTech startup PhysicsWallah will raise more than ₹10,000 crore

During this week, 5 IPOs will be brought to the market from between November 11 to 14. Among these, 3 are on the mainboard and 2 are SME IPOs. Companies are preparing to raise a total of over ₹10,000 crore from these. These include companies ranging from ed-tech like PhysicsWallah to auto parts manufacturers like Techno Clean Air India. PhysicsWallah IPO: Company to raise ₹3,480 crore
PhysicsWallah, a company providing online and offline coaching to students, will open its IPO on November 11. This is an issue of ₹3,480 crore, with shares available in the band of ₹103-109. Bidding will remain open until November 13. Retail investors can start investing from a minimum of ₹14,933. The shares will be listed on BSE-NSE on November 18. With the raised funds, the company will expand its tech infrastructure, open new centers, and undertake acquisitions (buying other companies). Physics Wallah was started in 2016 Alakh Pandey, a resident of Prayagraj, started his YouTube channel named Physics Wallah in 2016. In one year, he only gained about 4 thousand subscribers. After that, he found a way to teach Physics in an easy and fun manner, after which Alakh became very popular on YouTube with about 1.4 crore subscribers. On the Physics Wallah Alakh Pandey YouTube channel, preparation for JEE Mains, JEE Advance, engineering, as well as NEET and medical entrance exams is provided. Techno Clean Air India IPO: Auto parts manufacturing company to sell shares worth 3,600 crore
Techno Clean Air India, a subsidiary of global auto parts company Tenneco Inc., will open its IPO from November 12 to 14. This is an offer for sale worth ₹3,600 crore. Shares will be available in the price band of ₹378-397. Retail investors can start investing with a minimum of ₹14,689.
The company manufactures emission control (smoke-reducing parts) and powertrain solutions for passenger and commercial vehicles. MV Photovoltaic Power IPO: Solar Panel Maker, to raise ₹2,900 crore
The IPO of MV Photovoltaic Power, a company operating in the energy sector, will open from November 11 to 13. This is an issue of ₹2,900 crore. The price band for the share has been fixed at ₹206-217. Retail investors can start investing from a minimum of ₹14,973. The company manufactures solar panels and will use the funds to increase production. Its shares will be listed on BSE-NSE on November 8. Two IPOs will be listed on the SME platform