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THREETREND RESEARCH

17th Sep · SEBI-Registered Analyst

GROWW: FILES UPDATED DRAFT FOR ₹6,000–7,000 CR IPO Groww has filed its updated draft red herring prospectus with SEBI. The IPO size is estimated at ₹6,000–7,000 Cr, including a ₹1,060 Cr fresh issue and an OFS worth ₹5,000–6,000 Cr. The company is targeting a November listing at a valuation of \$7–9 billion. OFS participants include Peak XV Partners, Y Combinator, Ribbit Capital, Tiger Global, and Kauffman Fellows Fund.

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