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Exclusive: StockGro plans Rs 536 Cr IPO fresh issue, to appoint independent directors

Social investing and stock market advisory platform StockGro’s parent company, AssetGro Fintech, is set to raise Rs 536 crore through a fresh issue

Tarun Mottlia

Via Entrackr

·Excerpt
Exclusive: StockGro plans Rs 536 Cr IPO fresh issue, to appoint independent directors
Image: Entrackr

"Social investing and stock market advisory platform StockGro"s parent company, AssetGro Fintech, is set to raise Rs 536 crore through a fresh issue of equity shares as part of its proposed initial public offering (IPO). According to its filing with the Registrar of Companies (RoC), AssetGro Fintech Ltd, the parent entity of StockGro, passed a resolution to approve the issue of up to Rs 536 crore in fresh equity and an offer for sale (OFS) by existing shareholders. However, the…

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