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Groww Unlisted Share

Groww Unlisted Share

₹ 40

Groww Unlisted Share Company Essentials

ISIN NUMBER

INEOHQR01015

FACE VALUE

₹ 10

INDUSTRY

Stock Broking

SHARE PRICE

INR 500

IPO STATUS

Not soon

NET REVENUE

4.57%

About Groww Unlisted Share

ABOUT THE FIRM:

Established in 2016 by former Flipkart executives Neeraj Singh, Harsh Jain, Lalit Keshre, and Ishan Bansal, Groww provides an online investment platform that enables users to invest in stocks, direct mutual funds, exchange-traded funds (ETFs), and initial public offerings (IPOs). Additionally, Groww offers tools for stock and portfolio analysis.. Groww, which is operated by Nextbillion Technology Pvt. Ltd, also provides tools for stock and portfolio analysis to investors. Groww unlisted shares are available in unlisted space and you can invest in unlisted shares of Groww to earn good returns. However, you cannot buy unlisted shares through Groww application itslef. Bharatinvest helps you to invest in groww unlisted shares at best price

VALUES:

  • CUSTOMERS FIRST

Every choice made by Groww is based on the requirements and convenience of their clients. They always put customers first and value the people who trust in them with their hard earned money.

  • SIMPLE IS BEAUTIFUL

They always work to make things easier for their users, whether it is their app, website, or services. They aim to make all their products user-friendly and easily accessible to all.

  • HONESTY AND INTEGRITY

They aspire for their customers to be entirely in touch with everything to do with their investments. They ensure transparency in their work and ways of working.

GROWW JOURNEY:

As a collective effort of four former workers of Flipkart, Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh, who left their positions in 2016 to launch a business that aims to simplify investing, began operations under the name Groww, in 2017.

The founders believed that investing in financial goods in India is an overly complicated and unclear process based on their personal experiences as well as that of their peers and acquaintances. In India, there are around 200 million people with investable income, but only 20 million of them are active investors.

Making investing simple is the only way to attract the next 180 million investors. Groww intended to offer the knowledge, tools, and user experience required for consumers to begin investing as easily as possible. The only way to bring the next 180 million on board is by making investing simple. Groww aimed to provide the necessary information, resources and user experience for people to start investing in the simplest way possible.

The founding team spent a lot of time initially, researching about the market and figuring out the underlying problems that users had. In order to establish the ideal user experience, they also had to conduct a tonne of trials. Furthermore, because the user’s hard-earned money was on the line, they had to supply a safe and secure product, which required time to develop.

One of the most well-known mutual fund investing platforms in the nation, Groww began as a platform for direct mutual fund distribution in 2017 and quickly rose to prominence.

Groww added equities in the first half of 2020 in response to user demand and simultaneously introduced digital gold, ETFs, intraday trading, and IPOs. More than 1.5 crore people already trust Groww for their investment requirements across 900+ locations in India.

 

PERFORMANCE:

Groww announced a sharp increase in net profit for the fiscal year 2022, hitting 6.8 crore, more than 2.5 times the amount for the prior year. This expansion is linked to a stunning 760% increase in revenue year over year. Named a unicorn in April 2021, Groww had 348 crore operational revenue in FY22, of which 324 crore came from domestic services.

Groww’s spending increased significantly in FY22, rising by 775% to 359.4 crore, mostly due to higher costs for IT, advertising, and staff perks. IT costs, which include server and software fees, increased to 145.5 crore, while advertising costs increased to 52.2 crore. The cost of employee perks rose to 66.8 crore.

Groww increased the variety of financial products it could offer customers by purchasing the mutual fund division of Indiabulls Asset Management Company Limited for $175 crore. Groww’s competitors in the cutthroat wealth management and investing market include

Groww Unlisted Share

Groww Unlisted Share IPO Details

  • The company has not filed its DRHP with SEBI and is not coming with it’s IPO soon.

Groww Unlisted Share Price

Groww share price is decided on the basis of it’s funding round that it raised from it’s investors. After that, price is decided by the forces of demand and supply as same as listed market. Groww share price is Rs 40 per share with a face value of Rs 10. 

Groww Peers

Following are the close Listed Peers of the company:

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FAQs- Groww Unlisted Share

Please find below the procedure for buying Groww Unlisted Shares/Pre-IPO shares at Bharat Invest.

  • You confirm booking of Groww Unlisted Shares/Pre-IPO shares with us at a specified price.
  • You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
  • We will provide our bank details.
  • You need to transfer funds in the current account of bharatinvest.
  • No cash deposit is accepted
  • Payment has to be done from the same account in which shares are to be credited.
  • We ensure delivery of Groww  unlisted shares within 24 hours.
  • Incase of non-availability of shares, we refund the amount to the same bank account within 24 hours.
  • For detailed discussion, you can contact us via any medium.

Please find below the procedure for selling Groww Unlisted Shares/Pre-IPO shares at Bharat Invest.

  • We will confirm our buying price of Groww Unlisted Shares/Pre-IPO shares.
  • We will give you our client master report and you will transfer the Groww Unlisted Shares/Pre-IPO shares to our demat account.
  • We will transfer the funds in your bank account within 24 hours of receiving the Groww Unlisted Shares/Pre-IPO shares .
  • All the transactions will be bank to bank.
  • Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
  • You can contact us through any medium for a detailed discussion. 
  • The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.

 

  • With BharatInvest , you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.

 

  • You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
  • Credit of Unlisted Shares/Pre-IPO shares Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

 

  • The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
  • When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.

 

  • All the transactions are done DEMAT to DEMAT. All the unlisted shares traded with us are available in demat accounts and are transferred to your demat within 24 hours of payment.

You cannot buy unisted shares using Groww or zerodha. You can buy unlisted shares at best price from bharatinvest and shares will be delivered to your demat.

Bharatinvest is India’s leading investment bank. Here you can invest unlisted, pre-ipo or delisted shares of Groww at best price. At Bharatinvest, you will get all the updates regarding Groww unlisted share price, IPO news, IPO price, GMP, Groww share news, events, dividends, company related news, ISIN, lot size, Financials ( Groww Profit and loss statement, Groww  Balance Sheet, Groww cash flow statement ), Peer comparision and analyst views. Investing in Groww share before ipo can help you invest in shares when they are available at low prices. Holding them on long term basis will help you create wealth in long term and enjoy compounding benefits. Our investors have made an average 250% returns by investing in pre-ipo shares. Buy Groww unlisted or Pre-ipo share at best price from our tech-platform today. You can connect with our expert financial advisors for any guidance. 

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