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Lightspeed exits PhysicsWallah in Rs 550 crore block deal with 30% return - The Economic Times
The transaction gives Lightspeed a relatively modest return from its nearly two-year investment in PhysicsWallah. The investor had put about Rs 420 crore into the company in October 2024. PhysicsWallah's prospectus puts Lightspeed's acquisition cost, adjusted for subsequent conversion and bonus shares, at Rs 89.86 apiece.
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m.economictimes.com
Physicswallah shares jump 5% after block deal worth Rs 550 crore. What’s ahead after 63% rally in 6 months?
PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 apiece. The stock has recovered sharply…
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Lightspeed exits PhysicsWallah in Rs 550 crore block deal with 30% return - The Economic Times
The transaction gives Lightspeed a relatively modest return from its nearly two-year investment in PhysicsWallah. The investor had put about Rs 420 crore into the company in…
