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Groww’s ₹6,632 cr IPO to open on Nov 4; eyes $7 bn valuation
Hindustan Times Noida
|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.
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