PhysicsWallah shares wiped off ₹12,000 crore in investor wealth as they fell over 15% in just three days. The shares, with an IPO price of ₹109, had listed at ₹143.10 on BSE on Tuesday and have fallen to an intraday low of ₹121.15 on Thursday. The firm's current market value stands at ₹40,307.37 crore after shares rose to ₹140.95.