StockGro Plans ₹536 Crore Fresh Issue in Proposed IPO

13 Oct 2026, 5:31 pm · 1h ago · 1 min read · EntrackrNew

Amount

₹536 Cr

Stage

IPO

AssetGro Fintech, the parent company of social investing platform StockGro, has approved a fresh issue of equity shares worth up to ₹536 crore for its proposed initial public offering (IPO). The offer will also include an offer for sale by existing shareholders, with reports indicating a total issue size between ₹2,000 crore and ₹2,500 crore. StockGro may additionally raise up to ₹107.2 crore via a pre-IPO placement. Founded in 2020 by Ajay Lakhotia, the fintech startup has also appointed three independent directors to its board ahead of the planned public listing.