Facebook Pixel Groww parent files for IPO papers via confidential route | Hindustan Times Pune - newspaper - इस कहानी को Magzter.com पर पढ़ें

कोशिश गोल्ड - मुक्त

Groww parent files for IPO papers via confidential route

Hindustan Times Pune

|

May 27, 2025

Billionbrains Garage Ventures, the parent company of stock broking firm Groww, has filed draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) through a confidential pre-filing route, aiming to raise between $700 million and $1 billion, said persons familiar with the development.

- Press Trust of India

NEW DELHI:

The IPO is a combination of a fresh issue and an offer for sale (OFS) component, they added.

In a public announcement on Monday, Billionbrains Garage Ventures said, "the company has filed the pre-filed draft red herring prospectus with Sebi and the stock exchanges...in relation to the proposed initial public offering of its equity shares on the main-board of the stock exchanges".

The company, backed by marquee investors Peak XV, Tiger Capital and Microsoft CEO Satya Nadella, plans to use the proceeds for investment in technology development and business expansion, the people said.

Hindustan Times Pune

यह कहानी Hindustan Times Pune के May 27, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Hindustan Times Pune से और कहानियाँ

Hindustan Times Pune

Hindustan Times Pune

Superb Manisha goal too little, India end with 1-3 loss to Taipei

By the time the goal of the AFC Women’s Asian Cup is decided, Manisha Kalyan should be back with Alianza Lima in the Peruvian top division.

time to read

2 mins

March 11, 2026

Hindustan Times Pune

The story India's new GDP series tells us

Higher growth will come from private investment stepping up

time to read

4 mins

March 11, 2026

Hindustan Times Pune

SC to decide legality of Centre's fact-check unit

The Supreme Court on Tuesday said that it would lay down the law on the Union government's attempt to establish a Fact-Checking Unit (FCU) to flag fake or misleading information about the business of the government, observing that individuals, digital platforms and intermediaries must share responsibility along with state institutions in tackling content that could be damaging to the nation.

time to read

1 min

March 11, 2026

Hindustan Times Pune

GUJARAT GOVT TO GIVE ₹1,331 CR IN BID TO MAKE AHMEDABAD 'OLYMPIC-READY'

The Gujarat government has made a budgetary provision of ₹1,331 crore in its effort to transform the state into a sports hub and develop Ahmedabad as an \"Olympic-ready\" city, state minister Jitu Vaghani told the assembly on Tuesday.

time to read

1 min

March 11, 2026

Hindustan Times Pune

Hindustan Times Pune

Canadian province eyes mineral ties with India

Canada’s Saskatchewan province, which is central to plans to ramp up cooperation with India in rare earth elements and uranium supply, is open to exploring joint ventures and investments for exploration and processing of minerals and working on projects for food security, provincial premier Scott Moe has said.

time to read

2 mins

March 11, 2026

Hindustan Times Pune

Govt clears IBC changes after select panel review

The Union Cabinet on Tuesday approved the final amendments to the Insolvency and Bankruptcy Code (IBC), for which legislation will be moved in the Parliament in the ongoing session, two persons familiar with the development said.

time to read

2 mins

March 11, 2026

Hindustan Times Pune

Indian mkts join global relief rally on Trump's comments

Indian shares settled higher on Tuesday, climbing from their lowest levels in nearly a year, as crude oil prices eased in a relief rally enabled by comments from US President Donald Trump read by market participants as de-escalatory.

time to read

1 mins

March 11, 2026

Hindustan Times Pune

Varun's Hai Jawani Toh Ishq Hona Hai postponed, avoids clash with Yash's Toxic

Filmmaker Priyadarshan explains his 'poor education' comment on actor Rajpal Yadav was about awareness and innocence, not academic literacy

time to read

1 min

March 11, 2026

Hindustan Times Pune

Qantas, SAS, Air NZ hike fares, cite fuel cost

NEW DELHI: Australia’s Qantas Airways, Scandinavia's SAS and Air New Zealand announced airfare hikes on Tuesday, blaming an abrupt spike in the cost of fuel caused by the Middle East conflict that is rattling global aviation.

time to read

1 min

March 11, 2026

Hindustan Times Pune

Hindustan Times Pune

SC orders tribunals for excluded Bengal voters

The Supreme Court on Tuesday ordered the constitution of appellate tribunals comprising former chief justices and judges of high courts to hear appeals from voters excluded during the ongoing Special Intensive Revision (SIR) of electoral rolls in West Bengal, even as it expressed dissatisfaction with both the petitioners and the Election Commission of India (ECI) over the manner in which the contentious exercise is unfolding.

time to read

3 mins

March 11, 2026

Listen

Translate

Share

-
+

Change font size