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Groww's IPO: A Different Approach to Growth
ByAinvest
Thursday, Nov 13, 2025 11:28 pm ET1min read
Groww, India's largest stock broker by active traders, raised Rs 6,000 crore from its IPO, creating over Rs 30,000 crore in investor value. Co-founder Lalit Keshre stated the listing was about trust and accountability, strengthening the brand, expanding technology infrastructure, and scaling new businesses. In contrast, Zerodha, India's second largest stockbroker, remains entirely bootstrapped and profitable, with no plans to go public, allowing the company to act purely in customers' long-term interests without worrying about investor exits or market expectations.
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