Billionbrains Garage Ventures Limited Link 
Allotment
Groww IPO is a book-built public issue with a total size of ₹6,632.30 crore. The IPO includes a fresh issue of 10.60 crore equity shares, raising ₹1,060 crore, along with an offer for sale of 55.72 crore shares worth ₹5,572.30 crore.
The IPO was open for subscription from November 4 to November 7, 2025. The allotment of shares was completed on November 10, 2025, and Groww shares were listed on both BSE and NSE on November 12, 2025.
The price band for the Groww IPO was fixed at ₹100 per share. One lot consisted of 150 shares. Retail investors needed to invest a minimum of ₹15,000 for one lot. For sNII investors, the minimum application size was 14 lots (2,100 shares), requiring an investment of ₹2,10,000. bNII investors had to apply for at least 67 lots (10,050 shares), amounting to ₹10,05,000.
The IPO was managed by Kotak Mahindra Capital Company Limited as the book-running lead manager. MUFG Intime India Private Limited acted as the registrar for the issue.
₹100
0%
Open
₹100
HIgh - Low
₹100
Previous Close
₹100
Total Traded Value
0
52 Weeks High
₹100
52 Weeks Low
₹100
Updates On
Nov 1, 2025
IPO. Open
Nov 4, 2026
IPO. Close
Nov 7, 2026
IPO. Price
₹100.00
IPO Market price
₹61,735.97 Cr
IPO Details
| IPO Date | 12 Nov |
| IPO Listing Date | 12 Nov |
| IPO Face Value | ₹2.00 per share |
| IPO Price Range | ₹100.00 |
| IPO Issue Size | 66,32,30,051 shares |
| IPO Sale Type | Fresh Capital-cum-Offer for Sale |
| Employee Discount | - |
| IPO Issue Type | Book Building IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 6,06,75,96,631 shares |
IPO Timeline
| IPO Open Date | 4 Nov |
| IPO Close Date | 7 Nov |
| IPO Allotment (Tentative) | 10 Nov |
| Refunds | 11 Nov |
| Credit to Demat Account | 11 Nov |
| IPO Listing Date | 12 Nov |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 49,74,22,539 |
| NII (HNI) Shares Offered | 9,94,84,507 |
| Retail Shares Offered | 6,63,23,005 |
IPO Lot Size
Investors can bid for a minimum of 150 shares, with additional shares in multiples of 150.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹10,05,000 |
Billionbrains Garage Ventures Limited was established on January 9, 2018. It is the holding company of Groww, a Bengaluru-based direct-to-customer (D2C) digital investment platform that helps individuals build wealth through a wide range of financial products and services.
Groww provides a single platform where users can invest in equity shares, direct mutual funds, IPOs, ETFs, NFOs, bonds, and digital gold, including gold ETFs and gold funds. The platform is designed to make investing simple and accessible for all types of investors.
In addition to investing, users can trade through the Groww app in futures & options (F&O), commodities, and intraday segments. For active and professional traders, the company has launched “915 by Groww”, a web-based advanced trading terminal built for high-speed and high-volume trading.
Groww also offers several value-added services, such as Margin Trading Facility (MTF), API access for algorithmic trading, and various credit solutions to support different trading needs.
Business Model
Expanding and growing the customer base
Strengthening long-term relationships with existing users
Products & Services
Broking services for stocks and derivatives
Investment products, including mutual funds and Groww AMC offerings
Margin Trading Facility (MTF) and credit solutions
As of June 30, 2025, the company had a team of 1,415 employees.
Competitive Strengths
Groww is a trusted and popular investing brand across cities, towns, and rural areas in India
Strong customer retention and engagement with stable pricing
User-friendly platform design that improves the investing experience
In-house technology infrastructure enabling low-cost, high-quality services
Entrepreneur-driven work culture with strong ownership mindset
Proven ability to execute strategies and deliver consistent growth and profitability
Company Financials (Consolidated)
| Assets | 12,713.18 | 10,077.31 | 10,819.10 |
| Total Income | 948.47 | 4,061.65 | 1,047.58 |
| Profit After Tax | 378.37 | 1,824.37 | 338.01 |
| EBITDA | 418.75 | 2,371.01 | 482.66 |
| NET Worth | 5,995.45 | 4,855.35 | 2,886.28 |
| Reserves and Surplus | 5,506.78 | 3,251.92 | 2,821.41 |
| Total Borrowing | 324.08 | 351.99 | 117.66 |
Key Performance Indicator (KPI)
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | 37.57% |
| PAT Margin | 44.92% |
| EBITDA Margin | 59.11% |
| Price to Book Value | 11.76 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 265.98 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Billionbrains Garage Ventures Limited
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: www.groww.in
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: groww.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Groww IPO was a book-built issue worth ₹6,632.30 crore, comprising a fresh issue of ₹1,060 crore and an offer for sale of ₹5,572.30 crore.
The IPO opened from November 4 to November 7, 2025. Groww shares were listed on both BSE and NSE on November 12, 2025.
The issue price was fixed at ₹100 per share with a lot size of 150 shares. Retail investors could apply with a minimum investment of ₹15,000.
Groww operates a digital investment platform offering equities, mutual funds, IPOs, ETFs, derivatives, commodities, margin trading, and credit solutions through a user-friendly, technology-driven ecosystem.
The company reported strong growth with a 45% rise in revenue and a 327% increase in PAT in FY2025, supported by high margins and a scalable digital business model.
Compare:
