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Groww’s ₹6,632 cr IPO to open on Nov 4; eyes $7 bn valuation
Hindustan Times Mumbai
|October 31, 2025
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over ₹61,700 crore (about $7 billion).
Harsh Jain, co-founder and COO, Groww.
(MINT)
The company’s ₹6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, the stock broking firm announced.
The bidding for anchor investors would open for a day on November 3.
The IPO comprises fresh issue of equity shares worth ₹1,060 crore along with an Offer For Sale (OFS) component of 55.72 crore equity shares by promoters and investor shareholders.
This story is from the October 31, 2025 edition of Hindustan Times Mumbai.
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