FinTech
Groww Files IPO Papers Via Confidential Filing
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SUMMARY
Groww said, “This public announcement is being made pursuant to Regulation 59C(5) of the SEBI ICDR Regulations to inform the public that the Company has filed the Pre-filed DRHP with SEBI”
The advertisement also clarified, “The filing of the Pre-filed Draft Red Herring Prospectus shall not necessarily mean that the Company will undertake the initial public offering.”
With this move, Groww joins the likes of Shiprocket, boAt, and PhysicsWallah (PW) in using the confidential pre-filing route
Investment tech…
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