Can Groww Justify Its Valuation In A Crowded IPO Season?

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India’s public markets were buzzing in October, with 14 IPOs hitting D-Street and collectively raising over INR 46,000 Cr. The momentum is far from slowing down, and November is shaping up to be another blockbuster month for public listings, with companies across sectors expected to mobilise upwards of INR 75,000 Cr.

New-age tech companies are a key factor in this fresh wave of listings. After the highs of Urban Company, Lenskart opened its IPO for subscription last week, and now all eyes are now on Groww.

It will be the first investment…



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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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Can Groww Justify Its Valuation In A Crowded IPO Season?


India’s public markets were buzzing in October, with 14 IPOs hitting D-Street and collectively raising over INR 46,000 Cr. The momentum is far from slowing down, and November is shaping up to be another blockbuster month for public listings, with companies across sectors expected to mobilise upwards of INR 75,000 Cr.

New-age tech companies are a key factor in this fresh wave of listings. After the highs of Urban Company, Lenskart opened its IPO for subscription last week, and now all eyes are now on Groww.

It will be the first investment…



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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