Chasing returns? Lenskart, Groww among 7 IPO GMPs show up to 21% likely gains to investors

Groww largest brokerage by clients, but valuations on higher side compared to peers

India’s largest brokerage by active clients Groww’s Rs 6,632-crore IPO has opened for subscription, although its valuations appear steep compared to peers.

Lenskart IPO GMP vs Groww GMP: Check subscription status, listing dates and other details

Ahead of the IPO, Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered a little over Rs 2,984 crore from anchor investors., including Abu Dhabi Investment Authority and the Government of Singapore. The company, which is backed by marquee investors like Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella, plans to use proceeds of the IPO for investment in technology development and business expansion. Groww …

Chasing returns? Lenskart, Groww among 7 IPO GMPs show up to 21% likely gains to investors

Groww IPO to open tomorrow: What does Sebi's regulatory overhang mean for broker's public issue?

Groww IPO: Notably, about 62% of Groww's broking revenue in FY25 came from the F&O segment — though this dependence is declining as the business matures and as multi-product initiatives ramp up, the risk remains very live, said Nitin Jain, Sr. Research Analyst at Bonanza.

Groww Raises Over US$336 Million from Anchor Investors Ahead of IPO

Indian investment platform Groww raised ₹2,984.5 crore (≈US$336.7 million) from 102 anchor investors ahead of its IPO, The Economic Times reported. It issued 29.84 crore shares at ₹100 (≈US$1.13) each. About half the allocation went to domestic mutual funds through 17 fund houses, while global investors such as the Government of Singapore, Norway’s GPFG, ADIA, Goldman Sachs, Wellington, and Amundi also participated. Microsoft CEO Satya Nadella i…

Groww IPO: Norway, Abu Dhabi, Singapore Funds Anchor $754M

As part of its $754 million initial public offering (IPO), Indian broking Groww has sold shares valued at 29.85 billion rupees ($339.61 million) to anchor investors, including sovereign investors from Norway, Abu Dhabi, and Singapore. According to an exchange filing made late on November 3, shares of Groww's parent company, Billionbrains Garage Ventures , were distributed at the top of the INR 95–100 price range. In India's rapidly expanding cap…