Issue To Open On Nov 4, Price Band Set At INR 95-100

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SUMMARY

As per the company’s RHP, anchor investor bidding will take place on November 3

The IPO will comprise a fresh issue of up to INR 1,060 Cr and an offer for sale (OFS) of up to 55.72 Cr shares

At the upper end of the price band, the company would be valued at INR 61,735 Cr (about $7 Bn)

Investment tech major Groww’s highly-anticipated IPO will open on November 4 and close on November 7.

As per the company’s RHP, anchor investor bidding will take place on November 3….



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Issue To Open On Nov 4, Price Band Set At INR 95-100


SUMMARY

As per the company’s RHP, anchor investor bidding will take place on November 3

The IPO will comprise a fresh issue of up to INR 1,060 Cr and an offer for sale (OFS) of up to 55.72 Cr shares

At the upper end of the price band, the company would be valued at INR 61,735 Cr (about $7 Bn)

Investment tech major Groww’s highly-anticipated IPO will open on November 4 and close on November 7.

As per the company’s RHP, anchor investor bidding will take place on November 3….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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