IIndia's largest retail stockbroker Groww recently filed its updated draft red herring prospectus (UDRHP) with Sebi for an IPO worth INR 7,000 crore. The online stock trading platform is looking to raise fresh capital of INR 1,060 crore. The offer also includes an offer for sale (OFS) of up to 574.2 million shares, which will be sold by existing investors and promoters in the IPO.
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