| IPO Date | November 4, 2025 to November 7, 2025 |
| Listing Date | November 12, 2025 |
| Face Value | ₹ 2 / Share |
| Price Band | ₹ 95 to ₹ 100 / Share |
| Lot Size | 150 Shares |
| Total Issue Size | 66,32,30,051 shares (Aggregating up to ₹6,632.30 Cr) |
| Fresh Issue | 10,60,00,000 shares (Aggregating up to ₹1,060.00 Cr) |
| Offer for Sale | 55,72,30,051 shares of ₹2 (Aggregating up to ₹5,572.30 Cr) |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 6,06,75,96,631 shares |
| Share holding post issue | 6,17,35,96,631 shares |
| Market Maker portion |
Billionbrains Garage Ventures Limited IPO opens on November 4, 2025, and closes on November 7, 2025.
| IPO Open Date | November 4, 2025 |
| IPO Close Date | November 7, 2025 |
| Basis of Allotment | November 10, 2025 |
| Initiation of Refunds | November 11, 2025 |
| Credit of Shares to Demat | November 11, 2025 |
| Listing Date | November 12, 2025 |
| Cut-off time for UPI mandate confirmation | November 7, 2025 |
Investors can bid for a minimum of 150 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | Rs.15,000 |
| Retail (Max) | 13 | 1,950 | Rs.195,000 |
| S-HNI (Min) | 14 | 2,100 | Rs.210,000 |
| S-HNI (Max) | 66 | 9,900 | Rs.990,000 |
| B-HNI (Min) | 67 | 10,050 | Rs.1,005,000 |
| HNI (Min) |
| Share Holding Pre Issue | 28% |
| Share Holding Post Issue |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | Not less than 75% |
|
| NII (HNI) Shares Offered | Not more than 15% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | Not more than 10% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
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
Products & Services:
As of June 30, 2025, the company had 1415 employees.
Competitive Strengths:
The market capitalization of Groww IPO is ₹61735.97 Cr.
| KPI | Values |
|---|---|
| ROE | |
| ROCE | |
| Debt/Equity | |
| RoNW | 37.57% |
| P/BV | 11.76 |
| PAT Margin (%) | 44.92% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.01 | 2.45 |
| P/E (x) | 33.26 | 40.79 |
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: [email protected] Website: http://www.groww.in/ |
MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: [email protected] Website: https://linkintime.co.in/Initial_Offer/public-issues.html |