Billionbrains Garage Ventures Limited IPO Details
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Groww (Billionbrains Garage) IPO opens for subscription on 04 Nov 2025 and closes on 07 Nov 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 12 Nov 2025.
Groww (Billionbrains Garage) IPO price band has been fixed at ₹95 – ₹100 per share.The face value is ₹2 per share with a lot size of 150.
Groww (Billionbrains Garage) IPO total issue size comprises 66,32,30,051 shares (aggregating up to ₹6632.30 Cr). This includes a fresh issue of 10,60,00,000 shares (aggregating up to ₹1060.00 Cr). Offer for Sale consists of 55,72,30,051 shares (aggregating up to ₹5572.30 Cr).
Groww (Billionbrains Garage) IPO carries a ₹15 (15.0%) GMP, reflecting investor sentiment.
Groww (Billionbrains Garage) IPO Lot Size : Retain Minimum is 1 lot (150 shares) amounting to ₹15,000. Retain Maximum is 13 lots (1,950 shares) amounting to ₹195,000. SHNI Minimum is 14 lots (2,100 shares) amounting to ₹210,000. SHNI Maximum is 66 lots (9,900 shares) amounting to ₹990,000. BHNI Minimum is 67 lots (10,050 shares) amounting to ₹1,005,000.
The Lead Managers for Groww (Billionbrains Garage) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Kotak Mahindra Capital Company Limited, JP Morgan India Pvt.Ltd., Citigroup Global Markets India Private Limited, Axis Capital Limited, Motilal Oswal Investment Advisors Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Billionbrains Garage Ventures Limited DRHP.
Groww (Billionbrains Garage) IPO Details
Groww (Billionbrains Garage) IPO Dates
- 04 Nov 2025Opening dateOPD
- 07 Nov 2025Closing dateCOD
- 10 Nov 2025Allotment Date BOA
- 11 Nov 2025Initiation of RefundsIOR
- 11 Nov 2025Credit of SharesCOS
- 12 Nov 2025Listing dateLID
Groww (Billionbrains Garage) IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 150 | ₹15,000 |
| Retain Maximum | 13 | 1950 | ₹195,000 |
| SHNI Minimum | 14 | 2100 | ₹210,000 |
| SHNI Maximum | 66 | 9900 | ₹990,000 |
| BHNI Minimum | 67 | 10050 | ₹1,005,000 |
Groww (Billionbrains Garage) IPO Reservation
Promoter Holding
Documents
Groww (Billionbrains Garage) IPO Valuations
Groww (Billionbrains Garage) Financial Information
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 12,713.18 | 10,077.31 | 10,819.10 | 8,017.97 | 4,807.78 |
| Total Income | 948.47 | 4,061.65 | 1,047.58 | 2,795.99 | 1,260.96 |
| Profit After Tax | 378.37 | 1,824.37 | 338.01 | -805.45 | 457.72 |
| EBITDA | 418.75 | 2,371.01 | 482.66 | -780.88 | 398.78 |
| NET Worth | 5,995.45 | 4,855.35 | 2,886.28 | 2,542.64 | 3,316.75 |
| Reserves and Surplus | 5,506.78 | 3,251.92 | 2,821.41 | 2,477.76 | 4,445.63 |
| Total Borrowing | 324.08 | 351.99 | 117.66 | 24.06 | |
| Amount in ₹ Crore | |||||
About Groww (Billionbrains Garage) IPO
Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services.
The company offers platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Its mobile app is particularly popular among mutual fund investors.
Groww also offers value-added services such as Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions.
Business Model
- Growing its customer base and
- Expanding its relationship with customers
Products & Services:
- Broking services which includes Stocks and Derivatives
- Products which includes Mutual Funds, MTF, Credit and Groww AMC
As of June 30, 2025, the company had 1415 employees.
Strength Of Groww (Billionbrains Garage) IPO
Risk Of Groww (Billionbrains Garage) IPO
Objectives Groww (Billionbrains Garage) IPO
1. Expenditure towards cloud infrastructure
2. Brand building and performance marketing activities
3. Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
4. Investment in one of the Material Subsidiaries, GIT, for funding its MTF business
5. Funding inorganic growth through unidentified acquisitions and general corporate purposes
Company Contact Details
Billionbrains Garage Ventures Ltd.
Vaishnavi Tech Park,
South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bangalore Urban, Karnataka, 560103
Phone: +91 80 6960 1300
Email: corp.secretarial@groww.in
Website: http://www.groww.in/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
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