What’s the Buzz About?
Groww filed a confidential draft of its IPO proposal with SEBI in May 2025, aiming to raise between $700 million to $1 billion. The company plans to issue a mix of fresh shares and allow some of its early investors to exit via Offer-for-Sale (OFS).
This IPO won’t hit the market right away. Because of the confidential route, Groww has up to 18 months to make its public debut—giving them room to fine-tune the timing based on market conditions.
By the Numbers:
Here’s a quick look at Groww’s performance:
- Revenue (FY24): ₹3,145 crore
- Operating Profit: ₹535 crore
- Active Users: 1.29 crore
- New Accounts in FY25: 34 lakh
- Expected IPO Valuation: Between $7 to $8 billion
Despite reporting a net loss of ₹805 crore in FY24, the loss was largely due to a one-time tax expense related to shifting the company’s base from the U.S. to India. Operationally, they’ve been doing well.
Despite reporting a net loss of ₹805 crore in FY24, the loss was largely due to a one-time tax expense related to shifting the company’s base from the U.S. to India. Operationally, they’ve been doing well.
Who’s Backing Groww?
Some of the biggest global names have backed Groww’s journey so far. This includes Tiger Global, Peak XV (formerly Sequoia), and even Microsoft CEO Satya Nadella. More recently, GIC (Singapore’s sovereign wealth fund) applied to buy a 2.14% stake in a pre-IPO round—indicating strong institutional confidence.
What Makes Groww Different?
Groww started by simplifying mutual fund investing and later moved into stock trading, fixed deposits, and even U.S. stocks. It’s known for its clean user interface, easy KYC process, and educational content that makes investing feel approachable, especially for first-timers.
It’s also focused heavily on Tier 2 and Tier 3 cities, where financial awareness is just picking up.
When Will the IPO Launch?
While there’s no confirmed launch date yet, most reports suggest a likely listing between late 2025 and early 2026, depending on market sentiment and SEBI’s approval process.
IPO isn’t just another listing—it’s a signal that India’s fintech story is maturing. The company has built trust, simplified finance for millions, and now wants to bring more people into its growth journey
