Groww IPO: Promoters to pocket Rs 40 crore, set for up to 4,950% windfall as fintech unicorn readies for listing

Groww’s four co-founders are set for windfall gains of up to 4,950% from their early investments as the fintech heads for its much-awaited IPO. Each founder — Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh — will sell 10 lakh shares in the offer-for-sale, earning about ₹10 crore each at the upper price band of ₹100 per share.

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