IPO · Financial Services

StockGro files confidential IPO papers

By Startup Enthusiast · 29 September 2026

What they do

StockGro is a Bengaluru app offering stock analysis, strategies and research advice to retail investors

Its parent AssetGro Fintech filed IPO papers with SEBI through the confidential route, according to a public notice dated 26 September

Market sources expect a ₹2,000–2,500 crore IPO with about ₹800 crore of new shares; details stay private for now

AssetGro Fintech, StockGro's parent, filed pre-filed draft IPO papers with SEBI and the exchanges.
It used the confidential route, which keeps the document private during early review.
A public notice dated 26 September confirmed the filing.
Market sources put the issue at ₹2,000–2,500 crore.
About ₹800 crore may be new shares, with the rest sold by existing holders.

The confidential route lets a company delay disclosing financials until later.
Offer size, valuation and timing are not yet public.
It plans a listing on the main board.

StockGro is an investing app that gives everyday people stock ideas, research and portfolio tools.
Its retail investors get daily trade ideas with entry, exit and stop-loss levels (the price at which to cut a loss).
It offers expert-led advice from more than 150 registered market analysts, plus an AI research helper called Stoxo AI.
The business is based in Bengaluru and says it has over 35 million users (2026).
Yearly revenue fell to about Rs 86.5 crore in FY24 from Rs 131 crore in FY23.

Product: investment advisory platform
Customers: First-time and active retail investors
How it makes money: Provides a social-first investing and advisory platform with expert-led research and education
What sets it apart: Combines SEBI-registered experts, AI-powered research and a community-led experience