Poging GOUD - Vrij
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.
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.
Dit verhaal komt uit de May 27, 2025-editie van Hindustan Times Pune.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Hindustan Times Pune
Hindustan Times Pune
This Taapsee-Anubhav film is important, impactful, inconsistent
A subject that remains painfully relevant.
1 mins
February 18, 2026
Hindustan Times Pune
'My father paying for my gender- affirming surgery means a lot'
Cricketer Anaya Bangar, who is set to undergo genderaffirming surgery in Bangkok next month, feels her biggest victory is the acceptance she has received from her family, especially her father, former cricketer Sanjay Bangar.
1 min
February 18, 2026
Hindustan Times Pune
Ex-cricket captains appeal to Pak govt over Imran’s health
More than a dozen former international cricket captains, including India’s Sunil Gavaskar and Kapil Dey, rallied Tuesday for jailed Pakistan ex-premier Imran Khan, appealing the Islamabad government to give him “adequate” medical treatment.
1 mins
February 18, 2026
Hindustan Times Pune
Putin, women, favours Epstein's Russia links
Convicted US sex offender Jeffrey Epstein sought to build ties with Russia's political elite and appeared desperate to secure a meeting with President Vladimir Putin, files released by the US Department of Justice show.
1 min
February 18, 2026
Hindustan Times Pune
'Men have a problem with strong women'
Actor Barun Sobti recently reprised his role in a web series where he plays a cop reporting to a new commanding officer, a female superior played by actor Mona Singh.
1 min
February 18, 2026
Hindustan Times Pune
Jada seeks dismissal of $3M lawsuit by Will's friend
Bilaal Salaam headline
1 min
February 18, 2026
Hindustan Times Pune
Understanding reached with US on N-talks: Iran
Iran said that it would temporarily shut part of the Strait of Hormuz due to military drills. Iran fired missiles into the strait, according to reports
2 mins
February 18, 2026
Hindustan Times Pune
How India can use Bumrah’s power play during Super 8s
He is superb no matter when he is brought on but perhaps it is best to keep the opposition guessing all the time
3 mins
February 18, 2026
Hindustan Times Pune
A Swedish corner in the EU-India trade deal
At a time when the global economy is being reshaped by geopolitical uncertainty, climate imperatives, and shifting supply chains, the conclusion of a Free Trade Agreement (FTA) between India and the European Union (EU) is both timely and consequential.
3 mins
February 18, 2026
Hindustan Times Pune
‘STOCK DIP SHOCKS NOT ABERRATIONS BUT A PREVIEW OF WHAT LIES AHEAD’
When US-based AI company Anthropic unveiled its latest Claude model in San Francisco, the tremors were felt thousands of kilometres away in India.
1 min
February 18, 2026
Listen
Translate
Change font size