Report
StockGro parent reportedly pre-files IPO papers, eyes ₹2,000–2,500 crore offering
Inc42 reports that StockGro’s parent, AssetGro Fintech, confidentially pre-filed its draft IPO papers with SEBI, BSE and NSE. The offering could include an ₹800 crore fresh issue and a sale of shares by existing shareholders.
TLDR
Inc42 reports that AssetGro Fintech, StockGro’s parent, confidentially pre-filed IPO papers and is preparing for a ₹2,000–2,500 crore offering. The final size has not been decided. The IPO could include an ₹800 crore fresh issue and an offer for sale by existing shareholders. StockGro claims more than 4.5 crore users and $110 million in total funding.
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