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Investment app Groww opened its much awaited IPO for subscription on Tuesday, aiming to raise Rs 6,632 crore. The offer will be closing on November 7. At the upper price band, Groww’s valuation works out to 33.8 times FY25 earnings.Ahead of the IPO, Groww secured a little over Rs 2,984 crore from anchor investors on…
Online brokerage Groww is gearing up for one of the most closely watched listings of 2025, as investors eye the Bengaluru-based fintech’s upcoming public issue amid a buoyant primary market. The company’s grey market premium (GMP) of Rs 10.5 suggests potential listing gains of around 10.5% over the upper end of its Rs 95–100 price…
With Nifty hovering close to record highs and investor sentiment remaining upbeat, the primary market is set for a new phase, where five major companies are preparing to raise nearly Rs 35,000 crore through IPOs over the next two months.The lineup features some of the country’s most prominent consumer and fintech brands—Lenskart, Groww, Pine Labs,…
Bengaluru: Billionbrains Garage Ventures, the parent company of the investment platform Groww, filed its updated draft red herring prospectus (UDRHP) with Sebi for an IPO worth Rs 7,000 crore. The offer includes a fresh issuance of shares worth up to Rs 1,060 crore and an offer for sale (OFS) of up to 574.2 million shares…
