Thursday, December 18, 2025 | 05:26 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Groww seeks valuation of ₹61,700 cr in IPO; sets price band ₹95-100/share

The digital investment platform's IPO will open on November 4, with Tiger Global and Peak XV Partners set to pare holdings amid a boom in retail participation

Groww | Photo: Company logo
premium

The initial public offering (IPO) of Orkla India, which owns spices and condiments brands MTR and Eastern, got fully subscribed on the second day of bidding on Thursday. | Photo: Company logo

Sundar Sethuraman Mumbai

Listen to This Article

Billionbrains Garage Ventures, the parent of digital investment platform Groww, has set a price band of ₹95-100 per share for its ₹6,632 crore initial pu­blic offering (IPO).
 
At the top end, the company will be valued at ₹61,736 crore ($7 billion). The IPO — one of the largest this year — will open for subscription between November 4 and 7.
 
It comprises a fresh issue worth ₹1,060 crore and an offer for sale of ₹5,572 crore, with early investors, such as Tiger Global and Peak XV Partners, offloading part of