0x
SME IPO volumes have grown 8.5 times over the last decade.
SEBI-Registered Category III Alternative Investment Fund (AIF) · Open-Ended · Long-Only
The Fund focuses on identifying emerging strong business with scalable economics and long-term compounding potential, before they become widely recognised. The Fund is designed for HNIs, family offices, and sophisticated investors seeking concentrated exposure to India’s emerging businesses.
Explore Now
Our Conviction
India's largest companies are well-covered, well-owned, and often well-priced. The next generation of founder-led market leaders is still being built inside India's listed SME, small-cap and micro-cap universe, where businesses are compounding at 30–50% a year. A decade from now, many of these companies may look like the obvious investments of this cycle. Our capital allocation approach is built specifically to identify them early.
“They are not hidden. They are simply early. That is where Grobiz invests.”
The Thesis
The companies driving India's growth are being built right now, at a stage where long-term, patient capital, proprietary investment research, and the right governance support make a real difference. Out of the 891 SME IPOs listed since 2020, fewer than half trade above their listing price today. This market rewards disciplined portfolio construction and punishes carelessness. It is the reason selection discipline is the entire game, and the reason we built ours through primary research, management meetings, and a business-quality framework before we raised a single rupee.
0x
SME IPO volumes have grown 8.5 times over the last decade.
$0 Trillion
India's GDP is projected to reach $10 trillion by 2032, through SME multiplier growth.
0+
Over 6,000 Indian companies are listed on BSE and NSE platforms.
Early. And Already Visible.
Grobiz Fund NAV vs Benchmark Performance (Normalised)
NAV rebased to 1,000 | From Inception (Mar 2025) to 31 July 2026
NAV is calculated independently by Nuvama Wealth Management in line with SEBI guidelines. Past performance is not indicative of future results.
How We Invest
The discipline behind that number — our business-quality evaluation framework, our disciplined entry strategy, and our ongoing post-investment monitoring — is what separates high-conviction investing from a bet. It is the same institutional capital allocation process we would want applied to our own capital.
Why We See Deals Others Don’t
Through MSMEx, Grobiz Founder Amit Kumar has worked closely with promoter-led SMEs across their growth and listing journeys. These relationships begin years before a company approaches the public markets, providing context on the business, the founder, and how the organisation has evolved over time. This gives Grobiz an important starting advantage in Pre-IPO and SME IPO investing: we are often evaluating businesses with prior context and primary research already in hand, rather than meeting them for the first time during a fundraise. Our Investment Committee complements this access with two decades of experience across valuation, transactions, and public market investing in Indian equities.
“Early relationships. Deeper context. Better questions.”
Explore Now0+
SMEs guided through the IPO Journey
0+
Valuations across sectors
0+
M&A Transactions
0 Decades
Big-4 Deal Advisory Experience
Our Limited Partners
Our Limited Partners include founders who built category-defining Indian consumer businesses, and industry leaders who have spent their careers evaluating complex investment opportunities. Before committing capital, they examined our research-led investment process and brought their own institutional rigour to that decision.
I would like to extend my heartfelt gratitude to Mr. Amit Kumar, who has been the guiding force behind the journey of SME IPO. His guidance has been instrumental for preparing in this journey and also it has given strength to our business to unlock its true potential and value.
Deepanshu Goel
CEO & MD - Creative Graphics Solutions (I) Ltd
We feel very lucky as we have got the right backing from a mentor like Mr. Amit Kumar. Amit has ignited the fire of getting the company listed and growing further. He has not only changed our lives but with the IPO, he has inspired other MSMEs to follow this IPO path.
Anirudh Saraswat
CBO - Oriana Power Ltd.
It was my dream as a first generation Entrepreneur to get our company listed. I would like to thank Amit who has guided and done hand holding throughout the IPO process. It was not just advisory but rather a partnership which Amit has showcased in this association. Today I feel great as I got the right learning which made my IPO dream possible.
Vimal Mishra
Founder & MD - Prospect Commodities Ltd
Begin Here
Not a pitch. A 30-minute conversation with the Fund Manager, to discuss our investment philosophy and whether Grobiz fits your portfolio, your time horizon, and your understanding of what long-term investing in India's SME, small-cap and micro-cap opportunity actually involves. We will be honest in the first call about whether we are the right fit for you, or for us.
Schedule a Conversation