Groww IPO opens today: Should you subscribe? Check price range, GMP and analysts’ outlook
Investment app Groww’s much-anticipated IPO opened Tuesday, aiming to raise Rs 6,632 crore with a price band of Rs 95-100. The company secured over Rs 2,984 crore from anchor investors. Analysts suggest subscribing for the long term, citing strong fundamentals and India’s low demat penetration, despite regulatory risks.🕒 1 min read
Investment app Groww’s much-anticipated IPO opened Tuesday, aiming to raise Rs 6,632 crore with a price band of Rs 95-100. The company secured over Rs 2,984 crore from anchor investors. Analysts suggest subscribing for the long term, citing strong fundamentals and India’s low demat penetration, despite regulatory risks.
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