So, Groww’s upcoming IPO would be beneficial for the fintech sector, and due to this major step, the company’s valuation could be $7-8 billion. Moreover, the updated DRHP will be publicly available in the next few weeks, as per the sources.
People said Groww thinks it is worth $7–8 billion for the IPO. If they sell 10–15% of the company, they could make $700 to $920 million from the IPO.
The company secretly filed for an IPO with SEBI on May 26, starting its official process to go public. Earlier, on May 15, Moneycontrol reported that the Bengaluru-based firm was preparing to file with SEBI and was also in talks with investors to raise funds before the IPO.
According to sources, this firm had a plan regarding its equity shares. Its equity shares to list with a face value of ₹2 each on the BSE and NSE stock exchanges. However, the whole IPO details like issue size, fresh issue, and OFS (Offer for Sale) are yet to be disclosed.
About the Groww
Groww is one of the top fintech companies; it is one of the top players in retail investing as it has the largest share of retailers, investing in mutual funds, SIPs, and stock trading in India. Further, the Groww platform is a Bangalore-based online fintech services platform that was founded in 2016.
The platform was launched by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal.
As of August 2025, it has over 12.3 million active users and controls more than 26% of NSE’s market share.
Financially, the revenue surged from the previous year, and profit also rose three times more than in the previous year.
The fintech competes with players such as Zerodha and Upstox and counts Tiger Global, Peak XV Partners, and Ribbit Capital among its key backers.
