Groww Parent Billionbrains’ IPO Seeks $752 Million in Mumbai IPO

Billionbrains Garage Ventures Ltd., the parent of India’s largest investment platform Groww, said it’s seeking for its initial public offering in Mumbai to raise as much as 66.3 billion rupees ($752 million).
The shares will be offered at a range of 95 rupees to 100 rupees apiece, according to an advertisementBloomberg Terminal by the company. Anchor investors will be able to bid for the stock on Nov. 3, with subscriptions opening for other investors from Nov. 4 to Nov. 7, according to the schedule.