India, Sept. 29 -- Investment advisory startup StockGro pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO) earlier this week. StockGro's parent AssetGro Fintech Ltd announced that it has pre-filed DRHP with SEBI, BSE and NSE under the confidential pre-filing route on September 26.

As per a report by PTI, StockGro is looking to raise up to Rs.2,000 Cr-Rs.2,500 Cr via the IPO, which could include a fresh issue of around Rs.800 Cr and an offer for sale (OFS) by existing shareholders. The final issue size and structure could also change during the IPO process.

Inc42 has reached out to StockGro seeking comments on its proposed listing plans. The story will be...