Grow’s recent stake in the three public bonds issue has been in double digit. This investment platform has entered the Bonds issue segment about three months ago. According to industry sources, Grow wants to expand its business ahead of equity and mutual funds. Grow started offering bonds on his platform this year. So far, its share in the issue of distributed has been 10-12 percent.
Market participants say that Growww Fixed income has become the first platform with so much growth in the category. So far, banks and offline distributors have been dominated by this segment. Sources said that there were 8.74 lakh units reserves for retail investors in the bond issue of ICL Fincorp. The platform of the Grow led to an allotment of 1.09 lakh units. This is a stake of 12.57.
In the bond issue of Muthootu Mini Financiers, Grow distributed 44,755 units. A total of 4 lakh units of reserves were kept for retail investors. This is 11.19 percent stake. In the bond issue of Muthoot Mercantiile, 68,392 units were Allotted through Grow’s platform. In this issue, 6.25 lakh units reserved for retail investors.
The public issue of ICL Fincorp was opened between 31 July to 13 August for subscription. The issue of Muthoo Mercantiile opened between 16 July and 29 July. The issue of Muthootu Mini Financiers opened between August 18 to September 1. Currently, the issue of adulviz financial services on Grow’s platform is open. It will close on 16 October.
Earlier, the platform of Grow has shown amazing in the segment of shares. Grow has become India’s largest broking firm in terms of number of active clients. In July 2025, Grow’s stake in monthly transactive users in the cash equity segment was more than 27 per cent. Its stake in equity derivatives is around 26 Fasadi.
Grow’s stake in retail allocation in IPO market this year was 25 per cent on an average. Mutual funds are also a rapidly growing segment for this platform. Experts say Grow is rapidly increasing its penetration among customers. It decided to try bets at fixed income after equity and mutual funds, which was quite successful.