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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Jodhi, who has made a distinct identity from the zero brokerage model in the world of stock broking, has now created panic in the world of mutual funds. Established by Nitin and Nikhil Kamath, this platform started Zerodha Fund House in late 2023 and has now become a big option for investors.

7 lakh people trust and save 6400 crores

Jodhodha CEO Nitin Kamath said in a post on Thursday that it has been 18 months since the start of the fund house and during this time more than 7 lakh investors have saved a total of 6,400 crores by investing in the funds of Ajodha. Kamath says that he did not do any kind of heavy marketing, yet people showed confidence.

Nitin Kamath’s ‘Hero Fund’ Liquidcase etf

Kamath also discussed his “Hero Fund”, Liquidcase ETF, whose asset under management (AUM) has now reached 4,700 crores. He told that in just 15 months this fund has reached such a big height.

843 crore was now in April 2024, now 4700 crores reached

Kamath also shared that in April 2024, the AUM of Liquidcase ETF was only 843 crores. But now it has increased to 4,700 crores. According to him, it can be considered one of the most successful launch in the Indian Retail ETF segment. The main focus of the Jidhi Fund House is to give ordinary and affordable index funds and ETF. Their purpose is to participate in the market in a transparent manner, in which middlemen do not have a role.

It’s been 18 months since the first fund launch of @Zerodhaamc with @smallcasehqThe Idea was to offer Simple and Cost-Efficient Index Funds and ETFS and Stay Direct only. Despite not being about the amc, 7 lakh investors have Saved ₹ 6,400 Croes in Our Funds.

The Hero… pic.twitter.com/8pn5ayvywz

– nithin kamath (@nithin0dha) May 29, 2025

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