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Groww seeks ₹7,000 crore through updated IPO filing
Groww files updated IPO papers targeting ₹7,000 crore, marking a major test for fintech listings in Indian capital markets.
Online investment platform Groww filed an updated draft red herring prospectus with SEBI, seeking to raise about ₹7,000 crore via a mix of fresh issue and offer for sale. The fintech has expanded across stock broking and mutual fund distribution. The filing as a key test of investor demand for large-scale fintech IPOs in India as market volatility and valuations remain closely watched.