Monday, 15 September, 2025
Groww Prepares to File Revised IPO DRHP, Eyes $700M–$1B Listing
Groww is set to submit an updated draft red-herring prospectus (DRHP) to SEBI by next week, aiming for a public listing in November. The IPO size is estimated between $700 million and $1 billion with a valuation of $7-9 billion, combining a fresh issue and an offer for sale. Backed by investors like Peak XV, Y Combinator, Tiger Global, and Ribbit Capital, Groww has diversified into wealth management, digital lending, and payments.
Read full story at Economic Times