Tag
Razorpay is targeting a confidential IPO filing in India, seeking $600, 700 million at a $5, 6 billion valuation, down sharply from its $7.5 billion private mark. The listing faces scrutiny on growth sustainability and profitability, with peer PhonePe having paused its $1.3 billion IPO last month over West Asia conflict
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market
Tag
Razorpay is targeting a confidential IPO filing in India, seeking $600, 700 million at a $5, 6 billion valuation, down sharply from its $7.5 billion private mark. The listing faces scrutiny on growth sustainability and profitability, with peer PhonePe having paused its $1.3 billion IPO last month over West Asia conflict
2mo ago · 1 min · Business
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market
2mo ago · 1 min · Markets
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