StockGro Parent AssetGro Posts ₹113 Cr FY26 Profit As IPO Plans Take Shape

StockGro-parent AssetGro Fintech Ltd reported net profit of ₹113 Cr for FY26, up 226.6% from ₹34.6 Cr in FY25, while operating revenue doubled to ₹226.1 Cr, Inc42 reported on October 31, 2026. The company pre-filed its draft red herring prospectus with SEBI in September.

Inside AssetGro's FY26 Profit And Revenue

AssetGro's profit before tax came to ₹99 Cr in FY26, up from ₹35.9 Cr in FY25. A net tax credit of ₹14 Cr, made up of a deferred tax credit of ₹15.9 Cr and a current tax expense of ₹1.9 Cr, lifted profit after tax to ₹113 Cr.

Operating revenue rose from ₹113.3 Cr a year earlier, and 99.9% of it comes from subscription fees, with the remainder from service fees. Total income, including other income of ₹4.8 Cr, stood at ₹230.9 Cr against ₹125.5 Cr in FY25. EBITDA was approximately ₹118.7 Cr, compared with ₹59.5 Cr a year ago, a rise of around 99.3%.

Total expenses increased 47.3% to ₹132 Cr from ₹89.6 Cr. Employee benefit expenses, about half of the total, rose 96.3% to ₹65.8 Cr from ₹33.5 Cr. Technology charges rose 34.6% to ₹17.9 Cr from ₹13.3 Cr, and media and advertising costs rose 61.1% to ₹23.2 Cr from ₹14.4 Cr.

StockGro, incorporated in 2020, runs a platform where users research, learn and invest in stocks and alternative assets, with research and trade ideas from SEBI-registered analysts and an AI research assistant called Stoxo. The company said India's retail investment ecosystem reached 13.66 Cr unique NSE-registered investors as of September.

StockGro's Funding And User Base

According to akta.pro company records, StockGro has raised a Series B round of $11.4 million in October 2026 led by BITKRAFT Ventures, and its platform has scaled to more than 35 million users across India since it was founded in 2020. The same records put total funding at $96.4 million at the Series B stage.

StockGro's Run-Up To The IPO Filing

In July 2026, Deccan Herald reported that Bengaluru-based StockGro was founded in 2020 by former venture capitalist Ajay Lakhotia and built an investment intelligence platform using virtual portfolios and SEBI-registered analyst research. In October 2026, Inc42 reported that StockGro was raising ₹110.16 Cr in a fresh Series B tranche led by BITKRAFT Ventures ahead of its IPO, with its parent filing draft IPO papers with SEBI on September 26. Entrackr reported that month that AssetGro planned a fresh equity issue of up to ₹536 crore as part of the IPO, with an offer for sale size undisclosed, and had appointed three independent directors.

StockGro's IPO Size And Series B

StockGro is looking to raise up to ₹2,000-2,500 Cr via the IPO, which could include a fresh issue of around ₹800 Cr and an offer for sale by existing shareholders. It recently raised ₹110 Cr (around $10.4 Mn) as part of its ongoing Series B round from existing investor BITKRAFT Ventures, along with Aditum Venture Capital Fund, India SME Growth Fund, and actor Suniel Shetty.