Groww, the Indian online investment platform, has confidentially filed draft papers with the market regulator for an IPO aiming to raise between $700 million and $1 billion. The IPO will include a fresh issue of shares and stake sales by existing investors.
NSE shares fall 2%, trade marginally above IPO price after debut. Why are Macquarie, other brokerages bullish?
NSE shares fell by 1.6% to Rs 1,790 following its stock market debut on Thursday. Brokerages Macquarie and Emkay assigned positive ratings, citing growth potential