StockGro Confidentially Files IPO Papers, Eyes Up To ₹2,500 Cr Issue

by · Inc42

SUMMARY

  • StockGro’s parent AssetGro Fintech Ltd announced that it has pre-filed DRHP with SEBI, BSE and NSE under the confidential pre-filing route on September 26
  • StockGro adds to the growing list of startups taking the confidential route to go public including companies like Kuku, Razorpay and MakeMyTrip
  • StockGro is looking to raise up to ₹2,000 Cr-₹2,500 Cr via the IPO, which could include a fresh issue of around ₹800 Cr and an offer for sale (OFS) by existing shareholders