Groww IPO | From Vision to Listing — Enabling the Milestone

A journey we’re proud to have been part of. Supporting the IPO process and witnessing years of vision come to life.

For many startups, the journey begins with a simple idea and ambitious. But behind every successful startup lies a larger aspiration: to build something enduring, scalable, and impactful. For some, that journey ultimately leads to a defining milestone. That is becoming a listed company.

The transition from a startup to a publicly listed entity is not just any other event. It is a reflection of years of vision, resilience, and disciplined execution. It represents the coming together of founders, teams, advisors, and regulatory frameworks, each playing a crucial role in shaping that outcome.

Being part of such a journey offers a unique perspective.

At VH & Co., Company Secretaries, we had the opportunity to be associated with the IPO journey of Groww (Billionbrains Garage Ventures Ltd.), contributing through our Advisory and Secretarial Certification Services. Our involvement spanned across key stages of the process, ensuring that regulatory requirements were met with precision and that the overall compliance framework remained strong and aligned.

What stands out in such journeys is not just the scale of the milestone, but the collaboration behind it.

From the founders’ long-term vision to the internal teams driving execution, and the advisors ensuring structure and compliance, each layer plays a vital role. The IPO process brings together legal, financial, and governance disciplines, requiring constant coordination, attention to detail, and a shared commitment to getting things right.

Working closely with the Groww Secretarial Team, including Roshan Dave and Ashutosh Naik, the experience reflected the importance of trust, responsiveness, and alignment across teams. It is this synergy that enables complex processes to move forward smoothly.

Moments like the listing ceremony and the bell-ringing are often seen as the highlight. But they are, in many ways, a celebration of everything that happens behind the scenes. The late nights, the reviews, the filings, the discussions where each step was contributing quietly to a larger outcome.

For us, as Company Secretaries, our role extends beyond compliance. It lies in enabling structure, ensuring governance, and supporting businesses as they navigate critical milestones. Being part of such journeys reinforces the value of thoughtful advisory and disciplined execution in building sustainable enterprises.

As more startups in India continue to grow and mature, the aspiration to go public is becoming increasingly common. Each such journey carries its own challenges, learnings, and moments of pride.

And for those who contribute along the way, it remains a privilege. Not just to witness these milestones, but to play a part in making them possible.

Authored by - CS Vivek Hegde