Billionbrains Garage Ventures (Groww IPO) IPO

Billionbrains Garage Ventures (Groww IPO) IPO is listed on BSE and NSE, priced at ₹95–₹100 per share. The stock debuted at ₹112, delivering a listing gain of 12.0%. The IPO had a lot size of ₹150 shares and a minimum investment of ₹15,000.

Billionbrains Garage Ventures Limited IPO

Mainboard Listed
₹15,000 (150 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 4, 2025 – Nov 7, 2025
Price band
₹95-100 per equity share
Minimum Investment
₹15,000
Issue size
₹6632.3 Cr
Lot size
150
Allotment Date
Nov 10, 2025
Listing
Nov 12, 2025
Listing At
BSE, NSE

IPO timeline

  1. Nov 4, 2025

    Open Date

    Completed

  2. Nov 7, 2025

    Close Date

    Completed

  3. Nov 10, 2025

    Allotment Date

    Completed

  4. Nov 12, 2025

    Listing Date

    Completed

Price Summary

Last closing
188.80 (88.8%)
52 week high
227.20
52 week low
112.00
Last update

Billionbrains Garage Ventures (Groww IPO) IPO Subscription Details

View Subscription Details
QIB 22.02x
Retail 9.43x
NIIs 14.20x
bHNI 16.28x
sHNI 10.04x
Retail 9.43x
Total 17.60x

Billionbrains Garage Ventures (Groww IPO) IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Billionbrains Garage Ventures (Groww IPO) IPO Essentials

Billionbrains Garage Ventures (Groww IPO) IPO Details

Billionbrains Garage Ventures (Groww IPO) IPO is priced at ₹95-100 per share with a total issue size of 6632.3 crore. The IPO has a lot size of 150 shares and is listed on BSE and NSE.

Issue price
₹95-100 per equity share
Lot size
150 shares
Face value
₹2 Per Equity Share
Issue size
Total 6,632.30 Cr :
#Fresh Issue : 10,60,00,000 shares(aggregating up to ₹1,060.00 Cr) +
#OFS : 55,72,30,051 shares of ₹2(aggregating up to ₹5,572.30 Cr)
Total issue size
66,32,30,051 shares
(aggregating up to ₹6632.3 crore)
Fresh issue
10,60,00,000 shares
(aggregating up to ₹1060 crore)
Offer for sale (OFS)
55,72,30,051 shares
(aggregating up to ₹5572.3 crore)
Listing at
BSE, NSE
List price
112.0(NSE)
Listing date
Registrar
MUFG Intime India Pvt. Ltd
Lead manager
Kotak Mahindra Capital, JP Morgan India, Citigroup Global Markets India, Axis Capital, Motilal Oswal Investment Advisors

Market Lot Size

Investors can bid for a minimum of 150 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 150 ₹15,000
Retail(max) 13 1,950 ₹1,95,000
sHNI(min) 14 2,100 ₹2,10,000
sHNI(max) 66 9,900 ₹9,90,000
sHNI(min) 67 10,050 ₹10,05,000

Billionbrains Garage Ventures (Groww IPO) IPO Documents

Billionbrains Garage Ventures (Groww IPO) IPO Reservation

Billionbrains Garage Ventures (Groww IPO) IPO reservation details show category-wise allocation of shares. Out of the total 663230051 shares, approximately 29.93% are reserved for QIB, 14.97% for NII, 9.98% for retail investors, and 44.91% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 298453523 (44.91%)
QIB Shares Offered 198969015 (29.93%)
NII (HNI) Shares Offered 99484508 (14.97%)
bHNI > ₹10L 66323005 (10%) 31582
sHNI < ₹10L 33161503 (5%) 15791
Retail Shares Offered 66323005 (9.98%) 442153
Total Shares Offered 663230051 (100%)

Billionbrains Garage Ventures (Groww IPO) IPO Analytics

Billionbrains Garage Ventures (Groww IPO) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Billionbrains Garage Ventures (Groww IPO) IPO Subscription Status

Billionbrains Garage Ventures (Groww IPO) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 17.6x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 19,89,69,015
9,94,84,508
6,63,23,005
3,31,61,503
6,63,23,005 36,47,76,528
Day 1 04-11-25 05:00 PM
0.10 x
0.60x
0.41x
0.97x
1.93 x 0.57 x
Day 2 06-11-25 05:00 PM
0.20 x
2.27x
1.80x
3.19x
5.08 x 1.65 x
Day 3 07-11-25 05:00 PM
22.02 x
14.20x
16.28x
10.04x
9.43 x 17.60 x
Total No. of Applications
bHNI sHNI Retail
3234058 (Approx) 3.24x 9.21x 6.65x

Billionbrains Garage Ventures (Groww IPO) Valuations

Earnings

EPS Pre IPO
₹3.01/-
EPS Post IPO
₹2.45/-
P/E Pre IPO
33.26
P/E Post IPO
40.79

Returns

RoNW
37.57%
PAT Margin
44.92%

Fundamentals

Price / Book
11.76
Market Cap
61,735.97 Cr.

Data sourced from DRHP / RHP • For educational purposes only

Billionbrains Garage Ventures (Groww IPO) Financials( In Crs.)

30-Jun-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 12713.18 10077.31 8017.97 4,807.78
Revenue 948.47 4061.65 2795.99 1,260.96
Profit After Tax 378.37 1824.37 -805.45 457.72
Net Worth 5995.45 4855.35 2542.64 3,316.75
Reserves & Surplus 5506.78 3251.92 2477.76 4,445.63
Total Borrowing 324.08 351.99 24.06 N/A

Billionbrains Garage Ventures (Groww IPO) Company & Offer Insights

About Billionbrains Garage Ventures (Groww IPO)

Start-up in 2017, Groww is a Bengaluru fintech firm that offers mutual fund, stock, F&O, ETF, IPO, digital gold, and US stock investing platforms for retail investors in India. Its mobile application is most sought after by mutual fund investors.

Groww provides value-added products like Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions as well.

Groww is now India's largest retail stockbroker in terms of active customers

Billionbrains Garage Ventures (Groww IPO) Promoter(s)

Lalit Keshre, Harsh Jain, Ishan Bansal, Neeraj Singh are the company's promoters of Billionbrains Garage Ventures (Groww IPO).

Billionbrains Garage Ventures (Groww IPO) IPO Issue Objectives

Expenditure towards cloud infrastructure – ₹152.50 Cr
Brand building and performance marketing activities – ₹225.00 Cr
Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base – ₹205.00 Cr
Investment in one of the Material Subsidiaries, GIT, for funding its MTF business – ₹167.50 Cr
Funding inorganic growth through unidentified acquisitions and general corporate purposes

Billionbrains Garage Ventures (Groww IPO) IPO - Anchor Investors

Groww raises over Rs 2,984 crore via anchor over 100 anchor investors ahead of IPO.

It attracted several leading global investors to become its shareholders, such as Goldman Sachs, Morgan Stanley, the Government of Singapore, Monetary Authority of Singapore, Abu Dhabi Investment Authority, Ashoka WhiteOak, Prudential HK, Eastspring Investments, Amundi Funds, Societe Generale, and Wellington Management.

The anchor book saw participation from HDFC AMC, Kotak Mahindra AMC, Nippon Life India, SBI Mutual Fund, Axis Mutual Fund, Aditya Birla Sun Life AMC, Motilal Oswal AMC, Mirae Asset, Franklin, Tata MF, HSBC MF, Trust Mutual Fund, and Mahindra Manulife.

Billionbrains Garage Ventures (Groww IPO) IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Groww Billionbrains Garage N/A N/A 37.5% 3901
Angel One N/A 19.8 20.8% 5238
Motilal Oswal Fin N/A 24.8 22.6% 8339
360 One Wam N/A 45.2 14.3% 3295
Nuvama Wealth N/A 26.8 28.2% 4158
Prudent Corporate N/A 58.9 29.3% 1103

Billionbrains Garage Ventures (Groww IPO) IPO - Strengths and Risks

Billionbrains Garage Ventures (Groww IPO) IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Strong Brand Recognition and Trust: In India, both urban and rural retail investors widely recognize and trust the brand 'Groww' for its transparency and ease of use.
Customer Retention and Engagement: The high retention rate and active engagement define a loyal customer base with low price sensitivity and high platform stickiness.
Simple, User-Friendly Platform: Customer-oriented interface enhances access and investment experience, hence rapid adoption among first-time and tech-savvy investors.

Risks

Dependence on Broking Services: Broking services formed 84.50% of total operating revenue in FY 2025. Thus, it has emerged that any fall in trading activity or customer preference for the same will significantly affect revenues and profitability.
Technology Reliability and System Risks: It is critical that the online service delivery platform is continuously accessible. Any system failure, downtime, or cybersecurity breach could bring down this business and harm brand credibility.
Market volatility may be exposed to adverse conditions due to an economic downturn, policy changes, or instability in global markets, which could hurt trading volumes and investor sentiment.

Contact Information

Contact Details

Billionbrains Garage Ventures (Groww IPO)

+91 80 6960 1300

corp.secretarial@groww.in

http://www.groww.in/

Vaishnavi Tech Park, South Tower, 3rd Floor Sarjapur Main Road, Bellandur Bangalore Urban, Karnataka - 560103

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

groww.ipo@in.mpms.mufg.com

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Frequently Asked Questions

Click any question to reveal the answer

Billionbrains Garage Ventures (Groww IPO) IPO is a book-built IPO worth ₹6632.3 crore. The price band is ₹95–₹100 per share. The IPO opens on Nov 4, 2025 and closes on Nov 7, 2025. It will be listed on BSE and NSE. MUFG Intime India Pvt. Ltd is the registrar.

The price band of Billionbrains Garage Ventures (Groww IPO) IPO is ₹95 to ₹100 per share.

The lot size of Billionbrains Garage Ventures (Groww IPO) IPO is 150 shares.

The minimum investment for Billionbrains Garage Ventures (Groww IPO) IPO is approximately ₹15,000 based on the upper price band .

Billionbrains Garage Ventures (Groww IPO) IPO opens on Nov 4, 2025 and closes on Nov 7, 2025.

The allotment date of Billionbrains Garage Ventures (Groww IPO) IPO is Nov 10, 2025.

Billionbrains Garage Ventures (Groww IPO) IPO is expected to be listed on Nov 12, 2025, on BSE and NSE .

Billionbrains Garage Ventures (Groww IPO) IPO listed on Nov 12, 2025. It was issued at ₹112.0(NSE) and is currently around ₹188.80 as on 13-May-2026 3:30 PM, which is approximately 88.8% versus issue price. The 52-week high is ₹227.20.

Based on listing and post-listing performance, Billionbrains Garage Ventures (Groww IPO) IPO delivered around 88.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Billionbrains Garage Ventures (Groww IPO) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Billionbrains Garage Ventures (Groww IPO) IPO valuation snapshot: P/E 40.79, EPS ₹2.45/-, P/B 11.76, RoNW 37.57%, and market cap 61,735.97 Cr.

To apply for Billionbrains Garage Ventures (Groww IPO) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Billionbrains Garage Ventures (Groww IPO) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Billionbrains Garage Ventures (Groww IPO) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Billionbrains Garage Ventures (Groww IPO) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Billionbrains Garage Ventures (Groww IPO) IPO allotment status on IPO Ji for quick and easy access.