Grotw aims to evaluate 9 billion dollars after Sebi approves the public subscription, and is appointed to the list in the fourth quarter 2025: Report

The Indian stockpile platform obtained approval from the Securities Council and the Stock Exchange in India (SEBI) for its initial public presentation (IPO), which was presented by the secret earlier this year. Grumw files for public subscription, which may range between 700 million dollars and 1 billion dollars, have been presented in a shining in a bright way to protect financial data and sensitive commercial strategies, Reuters I mentioned.

The report added that the platform, which is worth $ 7 billion in its recent financing round, is now aimed at a higher rating between 8 billion dollars and 9 billion dollars for offers. It aims to appear the first market appearance in the last quarter of 2025. While Sebi has not yet published the approval notice on its website, it is expected that the official confirmation will be soon, Reuters a report He added.

Groww is expected to be a mixture of a new issue of shares and partial exit of current investors, including supporters such as Tiger Global and Paak XV Partners. He is competing with prominent local players such as Zerodha in the increasing competitive Indian retail area.

Since its foundation in 2016, GRETW has been at the forefront of democratic retail investment, and has emerged as the largest shareholder in India and the pioneering distributor in joint investment fund bulletins. As of August 2025, Grumw is proud of more than 12.3 million active customers and holds a stake in the dominant market with more than 26 %, according to the data of the National Stock Exchange (NSE).

The company witnessed a remarkable financial growth, as it reported revenues of 4,056 rupees and profit after tax (PAT) at a value of 1818 rupees for the fiscal year 2025, which reflects a three -fold increase in Pat compared to the previous year, based on files with the companies registrar (ROC).

Grumw was founded by Lalit Keshre, Harsh Jain, Neeraj Singh and ISHAN Bansal with a vision to facilitate investments in direct investment funds, stocks, and traded investment funds, and subscription subscriptions for retail investors in India. Over the years, the platform quickly rose to the top of the mediation rows in India, driven by the rapid growth of customers and expanding its share in the market.