Groww: Veritas Finance refiles DRHP for ₹900 crore IPO
The IPO includes a fresh issue and an OFS of 1.28 crore shares; Veritas Finance is an MSME-focused NBFC.
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In short: Groww reported a 94% year-on-year surge in Q1 FY27 net profit to $735 crore, driven by client growth and expansion into new asset classes.
The IPO includes a fresh issue and an OFS of 1.28 crore shares; Veritas Finance is an MSME-focused NBFC.
The IPO includes a ₹125 crore fresh issue and an OFS of 0.78 crore shares. Proceeds fund a new manufacturing facility and general purposes.
Both companies received SEBI observation letters on July 23 and 24, 2026, moving to the next IPO stage.
The gold loan-focused NBFC filed a DRHP with SEBI for an IPO comprising fresh issue and OFS.
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