Billionbrains Garage Ventures Limited (Groww)
IPO Details
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The Initial Public Offering of Billionbrains Garage Ventures Limited (Groww)'s culminated in its successful listing on Nov 12, 2025 at the NSE, BSE trading platform. The company secured 66,32,30,051 Shares through this capital market exercise, with 10,60,00,000 Shares allocated to new capital formation and ₹5572.30 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹95 to ₹100, with minimum investment requirements of 150 shares. The subscription period from Nov 04, 2025 to Nov 07, 2025 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Nov 10, 2025. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2017 and headquartered in Bengaluru, Groww is a technology-driven fintech company offering a direct-to-customer digital investment platform that helps retail investors build wealth through a wide range of financial products. Its platform allows users to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks through an easy-to-use mobile and web interface. The company also provides value-added services such as margin trading facilities, algorithmic trading, new fund offers, and credit-based products. Groww’s business model focuses on expanding its retail customer base and deepening engagement through diverse investment options and long-term relationships. Its offerings include stock and derivatives broking, mutual funds, margin trading, credit solutions, and asset management services under Groww AMC. As of June 30, 2025, the company employs 1,415 people and has built a strong presence across cities, towns, and villages in India, making it one of the country’s most popular digital investing platforms.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Brand Recognition: “Groww” is a trusted name among retail investors across India, known for simplicity and transparency.
- High Customer Loyalty: Strong retention and engagement reflect user trust and low price sensitivity.
- User-Friendly Platform: Simple and intuitive design makes investing easy for both new and tech-savvy users.
- Revenue Dependence on Broking: With 84.5% of revenue from broking, any drop in trading activity could impact profitability.
- Technology & System Risks: Platform reliability is crucial; outages or cybersecurity issues could disrupt services and damage trust.
- Market Volatility Exposure: Economic or policy changes may affect trading volumes and investor sentiment, impacting performance.
- Lalit Keshre
- Harsh Jain
- Ishan Bansal
- Neeraj Singh
Billionbrains Garage Ventures Limited (Groww)
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