Finally, Groww has also submitted its IPO documents to SEBI. In a few months, the updated DRHP will be released for the public as well. Another new age company is bringing its IPO, and its valuation will also be worth watching.
Swiggy is going public! The foodtech giant has filed its Draft Red Herring Prospectus (DRHP) with SEBI, marking its first step towards an IPO. Curious about what this means for the company and investors? Join the thread 🧵 for a deep dive into Swiggy
Groww files confidential IPO papers with SEBI. IPO size likely around $700 mn - $1 bn, comprising a mix of a fresh issue and an offer for sale.
0 replies8 likes
gray man
I'm just a normal gu... • 15d
Groww, the investment tech startup, is reportedly moving forward with its IPO plans and will likely file draft papers confidentially with SEBI within the next two weeks.
The fintech unicorn is eyeing a $7-8 Bn valuation for its IPO, a figure consid
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2 replies11 likes
gray man
I'm just a normal gu... • 15d
🚨 IPO alert!
Groww is reportedly filing a confidential IPO with SEBI in the next 2 weeks. The stock broking firm is also raising $150M at a $7B valuation from Singapore’s GIC. 📈🇮🇳
The bull run isn’t just in the markets — it’s in the boardrooms
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1 replies9 likes
Shivam Gupta
Business Finance And... • 2m
Physics Wallah Edtech platform talk to acquire drishti ias in 2500cr to 3000 cr.
this news come when physics Wallah preparing to go public and submitted all documents for IPO .
0 replies1 like
gray man
I'm just a normal gu... • 1m
Ahead of filing its draft red herring prospectus (DRHP), consumer services unicorn Urban Company’s founders cumulatively sold shares worth nearly INR 779.08 Cr through secondary transactions.
According to the DRHP filed with SEBI on April 28 for a p
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Rohan Saha
Founder - Burn Inves... • 2m
Ok, Physics Wallah has filed its DRHP (Draft Red Herring Prospectus) with SEBI (Securities and Exchange Board of India) for ₹4600 crore, which will include some fresh issues and some offers for sale.
1 replies15 likes
Jayant Mundhra
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Dexter Capital Advisors • 1y
Why did Tata Play, Oyo & Swiggy go for confidential IPO filing? 😅😅
Last week, many mocked Swiggy for filing IPO papers with SEBI under the confidentiality route. They said, “Keep the IPO also private!”
This made me realise, most people don’t even
PhonePe has planned its IPO in India, and Navi is also set to follow. Groww and OYO are preparing their IPO papers as well. In a few days, we will see many mainboard IPOs. Many famous startups are shifting from private funding to IPO plans. I hope th
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6 replies12 likes
VCGuy
Believe me, it’s not... • 10m
On April 24th, Swiggy filed its DRHP with SEBI via the confidential route (this route restricts public access to the DRHP until an updated version is filed)
💡Would be super interesting to see how much of Swiggy: Accel and Elevation Capital still ow