Groww IPO anchor book receives over ₹50,000 crore in bids
pre-market1 source ↓written by the desknot a recommendation
- for its anchor
- ₹50,000 crore
- valued
- ₹61,736 crore
Billionbrains Garage Ventures Ltd., the parent of Groww, has secured bids exceeding ₹50,000 crore for its anchor book. Major investors include Norges Bank and ADIA. The IPO, valued at ₹61,736 crore, features a fresh issue of ₹1,060 crore and an Offer For Sale. This strong demand may signal robust interest from institutional players.
Not investment advice. For informational purposes only.