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

Investment advisory startup StockGro pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO) earlier this week. 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. As per a report by PTI, 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 of