11 months ago
Groww IPO: Foreign Investors Set for Huge Returns
Groww, a fintech platform, is planning to launch an IPO in India.
This IPO is expected to bring big profits to the foreign investors.
Groww moved its base from the US, which came with a large tax payment.
Several investors, like Y Combinator and Ribbit Capital, are selling their shares.
The founders still own a significant portion.
Groww's revenue and profit have increased significantly in FY25 and Q1 FY26.
They also have a large number of users.
Groww's founders received an incentive of about $74 million.
Groww is preparing for a ₹7,000 crore IPO in India.
US-based investors are expected to profit from the IPO.
Y Combinator, Ribbit Capital, and Tiger Global are among the investors selling shares.
Groww's FY25 revenue jumped to ₹3,902 crore with a profit of ₹1,824 crore.
The founders own around 28% of the company.
- Who
- Groww
- What
- Upcoming IPO
- Where
- India
- When
- Not Specified
- Why
- To provide exit for investors
Key facts
- Company
- Groww
- IPO Size
- ₹7,000 crore
- Location
- India
- FY25 Revenue
- ₹3,902 crore
- FY25 Profit
- ₹1,824 crore
- Transacting Users
- 18.07 million
Timeline
Groww bought Fisdom for $150 million, expanding its services.
Then, Groww filed for an IPO to raise capital for expansion.
The company planned to raise substantial funds via a public offering.
Groww aimed to secure ₹1,060 crore through the IPO.
Sources
Groww files updated DRHP for Rs 7,000 crore IPO with SEBI
Groww parent Billionbrains Garage Ventures files updated DRHP with SEBI; check details
Groww files papers for Rs 7,000-cr IPO, seeks $9-bn valuation
Online Brokerage Groww Files Updated Rs 7,000 Crore IPO With Sebi, Eyes $9 Billion Valuation
After reverse flip, Groww’s IPO set to bring its foreign backers blockbuster returns
Ganesh Consumer Products IPO to open on September 22: Check price band, issue size & more
IPO Bound Groww Files Updated DRHP
Groww files IPO papers, plans to raise ₹1,060 crore via fresh issue





