15 September 2025
Leading online investment platform Groww is gearing up to file its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India(SEBI) as early as next week.
The Peak XV-backed company plans to go public by November, with an initial public offering (IPO) size estimated between $700 million and $1 billion.
Originally, Groww aimed for a $7-8 billion valuation, but after strong FY25 results, it now targets about $9 billion in the revised DRHP.
Leading online investment platform Groww is gearing up to file its updated draft red herring prospectus (DRHP) with the Securities and Exchange Board of India(SEBI) as early as next week.
The Peak XV-backed company plans to go public by November, with an initial public offering (IPO) size estimated between $700 million and $1 billion.
Originally, Groww aimed for a $7-8 billion valuation, but after strong FY25 results, it now targets about $9 billion in the revised DRHP.
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