Status
Listed
Price band
₹95–₹100
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
150 shares
Minimum money
₹15,000 for 1 lot
Issue size
₹6,632.3 crore
Dates
4 Nov 2025 – 7 Nov 2025
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Billionbrains Garage Ventures Ltd. (Groww) IPO is listed. It opens on 4 Nov 2025 and closes on 7 Nov 2025. The price band is ₹95 to ₹100. One lot is 150 shares, and the minimum amount is ₹15,000. The issue size is ₹6,632.3 crore, with a fresh issue of ₹1,060 crore and an offer for sale of ₹5,572.3 crore. In FY25, total income was ₹4,061.65 crore and profit after tax was ₹1,824.37 crore. Total income was up 45.3% from ₹2,795.99 crore in FY24. Profit after tax was up 326.5% from ₹-805.45 crore in FY24.
The total subscription for Billionbrains Garage Ventures Ltd. (Groww) is 17.6 times.
Billionbrains Garage Ventures Ltd. (Groww) listed at ₹112.
Billionbrains Garage Ventures is the parent of Groww, an online investing platform. Users can buy stocks, mutual funds and other products on its app.
Dates
Opens
4 Nov 2025
Closes
7 Nov 2025
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
10 Nov 2025
Refunds
11 Nov 2025
Demat credit
11 Nov 2025
Listing
12 Nov 2025
Objects of the issue
- Expenditure towards cloud infrastructure
- Brand building and performance marketing activities
- Investment in one of Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
- Investment in one of Material Subsidiaries, GIT, for funding its MTF business
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
- Issue Expenses
Promoters
Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh
Subscription
Subscribed 17.6x overall. Final, as of 7 Nov 5 pm IST.
Total
17.6x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹1,060 crore |
| Offer for sale | ₹5,572.3 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 10% |
| Large bids | 15% |
| Big funds | 75% |
Issue
- Face value
- ₹2
- Fresh issue
- ₹1,060 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹5,572.3 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 10%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 75%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY23 | ₹1,260.96 crore | ₹457.72 crore |
| FY24 | ₹2,795.99 crore | −₹805.45 crore |
| FY25 | ₹4,061.65 crore | ₹1,824.37 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY23 | ₹3,316.75 crore |
| FY24 | ₹2,542.64 crore |
| FY25 | ₹4,855.35 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY23 | 1,260.96 | 457.72 | 3,316.75 | — | — |
| FY24 | 2,795.99 | -805.45 | 2,542.64 | — | — |
| FY25 | 4,061.65 | 1,824.37 | 4,855.35 | — | — |
Listing
- Listing price
- ₹112
- Close on listing day
- ₹131.33
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 12% versus ₹100
Frequently asked questions
When does this issue open?
It opens on 4 Nov 2025 and closes on 7 Nov 2025.
What is the lot size and the minimum amount?
One lot is 150 shares. The minimum amount is ₹15,000 for 1 lot.
When are allotment and listing?
Allotment is on 10 Nov 2025. Listing is on 12 Nov 2025.
What is the price band?
The price band is ₹95 to ₹100.
What is the issue size?
The issue size is ₹6,632.3 crore.
How many times was it subscribed?
The total subscription is 17.6 times, checked 7 Nov 2025, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 12%.
This page is a calendar of dates and prices. It is not a recommendation to apply.