By Admin 
Growww IPO: Groww, one of the country’s largest broking platforms, has applied for an IPO of Rs 6,000 to 7,000 crore near SEBI on 16 September. The updated draft filed to the market regulator has received information from the updated draft Red Hringe Prospectus (DRHP) that the founder company of Grow is planning to sell 0.07 percent stake in the company.
Special things about grrow
Currently, the promoters are about 27.97 percent stake in Grow. During the IPO, promoters will sell only 0.07 percent of the total shares. The company said that by 30 June 2025 its number of transactive users was about 18 crores. New shares worth Rs 1,60 crore will be issued in Grow’s IPO. Along with this, shares worth Rs 57.42 crore will be sold through promoters offer for sale (offs).
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