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Billionbrains Garage Ventures (Groww IPO)
Mainboard₹15,000 / 150 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 07 Nov 2025, 06:55 PM |
| QIBs | 22.02 times |
| NII | 14.20 times |
| Retail | 9.43 times |
| Total | 17.60 times |
Billionbrains Garage Ventures (Groww IPO) IPO Details
The Billionbrains Garage Ventures (Groww IPO) IPO price band is set between ₹95-100 per equity share, with a face value of ₹2 per share. The issue is managed by MUFG Intime India Pvt. Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 4 Nov, 2025 and closes on 7 Nov, 2025. Investors can check the allotment status on 10 Nov, 2025, while the listing date is tentatively scheduled for 12 Nov, 2025.
The total issue size is 66,32,30,051 shares, aggregating up to ₹6632.3 crore. Stay tuned for the latest Billionbrains Garage Ventures (Groww IPO) IPO review and GMP updates.
Billionbrains Garage Ventures (Groww IPO) IPO Review, Rating & Analysis
Billionbrains Garage Ventures (Groww IPO) IPO Review
IgnoreBillionbrains Garage Ventures (Groww IPO) IPO Rating
Billionbrains Garage Ventures (Groww IPO) IPO Highlights
IPO Date
Nov 4, 2025 - Nov 7, 2025
Listing Date
12 Nov, 2025
Face Value
₹2 Per Equity Share
Price Band
₹95-100 per equity share
Lot Size
150 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Billionbrains Garage Ventures (Groww IPO) IPO Lot Size
The minimum market lot for Billionbrains Garage Ventures (Groww IPO) IPO is 150 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10050 | ₹10,05,000 |
Billionbrains Garage Ventures (Groww IPO) IPO Timeline
Issue Price
₹95-100 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Pvt. LtdLead Manager
Kotak Mahindra CapitalJP Morgan IndiaCitigroup Global Markets IndiaAxis CapitalMotilal Oswal Investment AdvisorsIssue Size
66,32,30,051 shares(aggregating up to ₹6632.3 crore)Billionbrains Garage Ventures (Groww IPO) IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Jun-25 | 12713.18 | 948.47 | 378.37 | 5995.45 | 5506.78 | 324.08 |
| 31-Mar-25 | 10077.31 | 4061.65 | 1824.37 | 4855.35 | 3251.92 | 351.99 |
| 31-Mar-24 | 8017.97 | 2795.99 | -805.45 | 2542.64 | 2477.76 | 24.06 |
| 31-Mar-23 | 4807.78 | 1260.96 | 457.72 | 3316.75 | 4445.63 | N/A |
In Cr.
Billionbrains Garage Ventures (Groww IPO) IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor Shares Offered | 298453523 | 44.91% |
| QIB Shares Offered | 198969015 | 29.93% |
| NII (HNI) Shares Offered | 99484508 | 14.97% |
| bNII > ₹10L | 66323005 | 10% |
| sNII < ₹10L | 33161503 | 5% |
| Retail Shares Offered | 66323005 | 9.98% |
| Total Shares Offered | 663230051 | 100% |
Billionbrains Garage Ventures (Groww IPO) IPO Documents
Billionbrains Garage Ventures (Groww IPO) IPO Valuations
EPS Pre IPO
₹3.01/-EPS Post IPO
₹2.45/-PE Pre IPO
33.26PE Post IPO
40.79ROE
-ROCE
-Debt Equity
-RoNW
37.57%PAT Margin
44.92%Price to Book Value
11.76Billionbrains Garage Ventures (Groww IPO) Peer Comparison
| Company Name | Revenue | RoNW | PE Ratio | PB Ratio |
|---|---|---|---|---|
| Groww Billionbrains Garage | 3901 | 37.5% | N/A | N/A |
| Angel One | 5238 | 20.8% | 19.8 | N/A |
| Motilal Oswal Fin | 8339 | 22.6% | 24.8 | N/A |
| 360 One Wam | 3295 | 14.3% | 45.2 | N/A |
| Nuvama Wealth | 4158 | 28.2% | 26.8 | N/A |
| Prudent Corporate | 1103 | 29.3% | 58.9 | N/A |
Promoters & Share Holding
Promoter(s) Name
- Lalit Keshre
- Harsh Jain
- Ishan Bansal
- Neeraj Singh
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 27.98% | N/A% |
About Company
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) IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 104-11-25 05:00 PM | 0.10 x | 0.60
0.41 x
0.97 x
| 1.93 x | 0.57 x |
Day 206-11-25 05:00 PM | 0.20 x | 2.27
1.80 x
3.19 x
| 5.08 x | 1.65 x |
Day 307-11-25 05:00 PM | 22.02 x | 14.20
16.28 x
10.04 x
| 9.43 x | 17.60 x |
Retail:6.65x
BHNI:3.24x
SHNI:9.21x
Billionbrains Garage Ventures (Groww IPO) IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| 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 | - |
Company Contact Details
Billionbrains Garage Ventures (Groww IPO)
Vaishnavi Tech Park, South Tower, 3rd Floor Sarjapur Main Road, Bellandur Bangalore Urban, Karnataka - 560103Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: groww.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Billionbrains Garage Ventures (Groww IPO) IPO
When will Billionbrains Garage Ventures (Groww IPO) IPO open for subscription?
The Billionbrains Garage Ventures (Groww IPO) IPO opens on 4 Nov, 2025 and closes on 7 Nov, 2025.
What is the investors portion for Billionbrains Garage Ventures (Groww IPO) IPO?
The investors' portion for QIB is 22.02 x, NII is 16.28 x, and Retail is 9.43 x.
How to apply for Billionbrains Garage Ventures (Groww IPO) IPO?
You can apply for Billionbrains Garage Ventures (Groww IPO) IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Billionbrains Garage Ventures (Groww IPO) IPO?
The issue size of Billionbrains Garage Ventures (Groww IPO) IPO is approx ₹66,32,30,051 shares(aggregating up to ₹6632.3 crore) crores.
What is the price band of Billionbrains Garage Ventures (Groww IPO) IPO?
The price band for Billionbrains Garage Ventures (Groww IPO) IPO is ₹95 to ₹100 per equity share.
What is the lot size of Billionbrains Garage Ventures (Groww IPO) IPO?
The minimum bid (lot size) for Billionbrains Garage Ventures (Groww IPO) IPO is 150 shares with an investment of approx ₹15,000 .
What is the allotment date of Billionbrains Garage Ventures (Groww IPO) IPO?
The allotment date for Billionbrains Garage Ventures (Groww IPO) IPO is 10 Nov, 2025.
What is the listing date of Billionbrains Garage Ventures (Groww IPO) IPO?
The listing date for Billionbrains Garage Ventures (Groww IPO) IPO is expected to be 12 Nov, 2025.
What is the GMP of Billionbrains Garage Ventures (Groww IPO) IPO?
The latest Grey Market Premium (GMP) for Billionbrains Garage Ventures (Groww IPO) IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
