Billionbrains Garage Ventures Ltd. Groww
Groww IPO is a book-built issue worth ₹6,632.30 crore. The issue comprises a fresh issue of 10.60 crore equity shares aggregating to ₹1,060.00 crore and an offer for sale of 55.72 crore equity ...
The IPO is priced in a band of ₹95 - ₹100 per share. Retail investors can apply for a minimum of 1 lot comprising 150 shares, requiring an investment of ₹15,000 at the upper price band. The minimum investment for Small HNI (sNII) investors is 14 lots (2,100 shares), amounting to ₹2,10,000, while for Big HNI (bNII) investors, it is 67 lots (10,050 shares), amounting to ₹10,05,000.
Kotak Mahindra Capital Company Limited is the book-running lead manager to the issue, and MUFG Intime India Private Limited is the registrar.
Read moreIPO Timeline
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04 Nov 2025Bidding Starts
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07 Nov 2025Bidding Ends
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10 Nov 2025Allotment Finalization
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11 Nov 2025Refund Date
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11 Nov 2025Demat Date
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12 Nov 2025Listing Date
Billionbrains Garage Ventures Ltd. Groww Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| 31 Mar 2023 | 4,807.78 Cr | 1,260.96 Cr | 457.72 Cr |
| 31 Mar 2024 | 8,017.97 Cr | 2,795.99 Cr | -805.45 Cr |
| 31 Mar 2025 | 10,077.31 Cr | 4,061.65 Cr | 1,824.37 Cr |
| 31 June 2025 | 12,713.18 Cr | 948.47 Cr | 378.37 Cr |
About Billionbrains Garage Ventures Ltd. Groww
About Groww Limited
Groww Limited, formally known as Billionbrains Garage Ventures Limited, was originally incorporated as Billionbrains Garage Ventures Private Limited on Janua
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In March 2024, following approval from the National Company Law Tribunal, Bengaluru Bench, the company underwent a scheme of amalgamation, resulting in the merger of Groww Inc., its erstwhile holding company, into Billionbrains Garage Ventures Limited.
Groww is primarily engaged in providing a digital investment and wealth management platform that enables individuals to invest in mutual funds, equities, exchange-traded funds, derivatives, and other financial instruments. The platform has been designed to simplify investing through a user-friendly interface, data-driven insights, and transparent pricing, making it accessible to first-time and experienced investors alike.
The company operates through a number of subsidiaries, including Groww Invest Tech Private Limited, Groww Creditserv Technology Private Limited, and Groww Asset Management Limited, among others. These subsidiaries support its core business of investment services, credit solutions, asset management, and insurance broking.
Headquartered at Vaishnavi Tech Park, Bellandur, Bengaluru, Karnataka, Groww leverages technology to provide seamless digital access to financial products across India. Its customer base reflects a younger demographic profile, with a significant portion of new investors entering capital markets through the platform.
Groww’s growth strategy is anchored in expanding product offerings, deepening customer penetration, and strengthening trust through compliance and transparency. By leveraging innovation, scale, and digital adoption, the company aims to consolidate its leadership in India’s rapidly expanding investment and wealth management ecosystem.
Read moreGroww IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Strengthen technology and platform development by investing in product innovation, technology infrastructure, and data-driven solutions to improve customer experience and enhance the scalability of operations.
- Expand marketing and brand awareness initiatives to reach new customer segments, increase penetration in underserved markets, and consolidate its position in the investment and wealth management ecosystem.
- Fund working capital requirements to support the company’s expanding business operations, improve liquidity, and ensure efficient day-to-day functioning.
- Pursue general corporate purposes, including administrative costs, strategic investments, and potential inorganic growth opportunities that align with the company’s long-term vision.
- Achieve the benefits of listing equity shares on the Stock Exchanges, which include enhancing visibility, improving corporate governance standards, and providing access to capital markets for future growth initiatives.
Groww IPO Promoter Holding
Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh are the promoters of the company.
Promoter Holding Pre Issue 28%
Promoter Holding Post Issue
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When Groww IPO will open?
The Groww IPO opens on November 4, 2025 and closes on November 7, 2025.
When is Groww IPO listing date ?
The Groww IPO listing date is not yet announced. The tentative date of Groww IPO listing is Wednesday, November 12, 2025.
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