Groww IPO Subscription Day 1: Billionbrains Garage Ventures, the parent company of Groww, has raised Rs 2,984.5 crore from 102 institutional investors through its anchor book on November 3, ahead of the opening of its Rs 6,632-crore IPO.

Groww IPO: Subscription Dates And Price Band

The public issue will be open for subscription from November 4 to November 7, with November 5 being a market holiday for Prakash Gurpurb Sri Guru Nanak Dev. The price band has been set at Rs 95–100 per share.

The offering includes a fresh issue of Rs 1,060 crore, while existing investors — including Peak XV Partners, YC Holdings, Tiger Global, Sequoia Capital, Alkeon Capital Management and Ribbit Capital — will sell 55.72 crore shares worth Rs 5,572.3 crore at the upper price band.

Groww IPO: Anchor Investm

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