Monday, 26 May, 2025

Groww Files for $700M–$1B IPO, Aiming for Late 2025 Listing on NSE and BSE

Indian investment platform Groww has confidentially filed its draft red herring prospectus (DRHP) with SEBI, targeting an IPO between $700 million and $1 billion. The offering includes a fresh issue of shares and partial stake sales by existing investors. Groww, last valued at $7 billion, plans to list on NSE and BSE in late 2025. This move follows its $150 million acquisition of Fisdom and the launch of its wealth management unit, W.