Education: B.E in Computer Engineering
Years of Experience: 2 years 7 months
Prior Experience: Product based startup
Company: GroupOn
Title/Level: SDE 2
Location: Bengaluru
Salary: INR 25,00,000
Performance Bonus: 10% of Salary = INR 2,50,000
Joining Bonus: 0
Stock bonus: INR 5,00,000 over 3 years(1/2, 1/3 and 1/6)
Total comp (Salary + Bonus + Stock): INR 30,00,000 first year

Do you think it is a good offer?
Also, I do not have any other offers? Shall I wait for a better offer from a better company?