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Groww files for up to $1 billion IPO

Mint Mumbai

|

May 27, 2025

Indian stock broking platform Groww has confidentially filed draft papers for an initial public offering, a newspaper advertisement showed on Monday, with two sources putting the IPO size between $700 million and $1 billion.

The IPO is a mix of fresh issue of shares and existing investors paring some stake, the sources said, adding that the company aims to list in the last quarter of this calendar year. Groww, which was last valued at

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Mint Mumbai

'Chips require long-term plan'

India needs long-term, step-by-step ecosystem-building, alongside sustained investment in research and development (R&D), to achieve semiconductor capabilities, essential for a major global economy given silicon chips' role in the information age, according to economist and Niti Aayog member Arvind Virmani.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

EU halts GSP export benefits; ‘Chips require long-term plan’

The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from 1 January, a move that will impact the country’s shipment to the 27-nation bloc.

time to read

1 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Banks renew push to unsecured loans

India's banks are cautiously reopening the tap on unsecured lending, as policy rate cuts drive margin pressure and risks stay largely under control.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Carmakers on edge as date with CAFE-III draws close

Carmakers are staring at a compliance window of less than 15 months to start getting close to stringent upcoming emission targets that are expected to come into effect from April 2027.

time to read

2 mins

January 23, 2026

Mint Mumbai

Global PE giants eye IPL champions RCB

Blackstone, Temasek weigh bids; deal may value RCB at $1.4-1.8 bn

time to read

2 mins

January 23, 2026

Mint Mumbai

BUDGET TO KEEP FISC STEADY AMID GLOBAL STORM

The Union Budget for FY27 is being formulated against the backdrop of some positive surprises, despite a highly volatile and uncertain global environment.

time to read

3 mins

January 23, 2026

Mint Mumbai

Mint Mumbai

Govt may raise allocation for power distribution reforms

Revamped Distribution Sector Scheme is likely to get ₹18,000 crore in the FY27 budget

time to read

2 mins

January 23, 2026

Mint Mumbai

Pet care startups eye users to compete with FMCG giants

Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India's largest packaged consumer goods players as the niche segment heats up.

time to read

2 mins

January 23, 2026

Mint Mumbai

IT majors face weak FY26 despite Q3 earnings beats

Four top IT services firms are heading into Q4 with weaker full-year trajectories than last year

time to read

3 mins

January 23, 2026

Mint Mumbai

Here's how to build an education fund in a high-inflation economy

With education inflation running at 10-12% annually, far outpacing CPI, parents must rethink savings strategies

time to read

4 mins

January 23, 2026

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