Billionbrains Garage Ventures, Groww’s parent, launched an IPO to raise ₹6,632 crore with a price band of ₹95–100 per share. The offer, open in early November, combines a fresh issue and an offer for sale and is expected to list later this month on India’s principal exchanges. The company secured sizeable anchor commitments and analysts expect strong retail interest given Groww’s wide user base, though long-term performance will hinge on monetisation and regulatory clarity in financial-services distribution.