Tech

Issue To Open On Nov 4, Price Band Set At INR 95-100

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SUMMARY

As per the company’s RHP, anchor investor bidding will take place on November 3

The IPO will comprise a fresh issue of up to INR 1,060 Cr and an offer for sale (OFS) of up to 55.72 Cr shares

At the upper end of the price band, the company would be valued at INR 61,735 Cr (about $7 Bn)

Investment tech major Groww’s highly-anticipated IPO will open on November 4 and close on November 7.

As per the company’s RHP, anchor investor bidding will take place on November 3….

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