Billionbrains Garage Ventures Limited (Groww)
ListedMainboardFinancial Services / Fintech · NSE / BSE
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.
Price Band
₹95 – ₹100
Issue Size
₹6632 Cr
Lot Size
150 shares
GMP
₹4
+4.0%
Est. Listing
₹104
at current GMP
Subscribed
17.60x
overall
Open
4 Nov 2025
Close
7 Nov 2025
Allotment
10 Nov 2025
Refund
11 Nov 2025
Demat Credit
12 Nov 2025
Listing
12 Nov 2025
Last updated 12 days ago
Overall Subscription
17.60x
Total Demand
QIB Multiplier
22.02x
Institutions & Funds
NII / HNI
14.21x
High Net-Worth
Retail (RII)
9.43x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 198,969,015 | 4,380,379,950 | 22.02x |
| NIB | 99,484,508 | 1,413,451,500 | 14.21x |
| HNIs(10L +) | 66,323,005 | 1,079,837,100 | 16.28x |
| HNIs (2-10L) | 33,161,503 | 333,614,400 | 10.06x |
| RETAIL | 66,323,005 | 625,421,250 | 9.43x |
| Total | 464,261,036 | 7,832,704,200 | 17.60x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 442,153 | 2,942,065 | 6.65x |
| HNIs(10L +) | 31,582 | 102,458 | 3.24x |
| HNIs (2-10L) | 15,791 | 145,756 | 9.23x |
| Total Applications | 489,526 | 3,190,279 | 6.52x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Billionbrains Garage Ventures Limited (Groww) Public Issue & Market Profile
Billionbrains Garage Ventures Limited (Groww) is bringing an initial public offering (IPO) in the Financial Services / Fintech sector with an aggregate issue size of ₹6,632.3 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2025-11-07, the basis of allotment is scheduled to be finalized on 2025-11-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Billionbrains Garage Ventures Limited (Groww) IPO GMP today?
The latest Grey Market Premium (GMP) for Billionbrains Garage Ventures Limited (Groww) IPO is ₹4 per equity share. Based on the upper price band of ₹95 to ₹100 per equity share, the estimated listing price is ₹104 (+4.0% expected listing gain).
What is the expected profit per lot for Billionbrains Garage Ventures Limited (Groww) IPO?
With a lot size of 150 shares and current GMP of ₹4, the expected profit per application lot is approx ₹600 (+4.0% gain). Minimum application cost is approx ₹15,000.
What is the issue size and price band for Billionbrains Garage Ventures Limited (Groww) IPO?
The Billionbrains Garage Ventures Limited (Groww) IPO aggregate issue size is ₹6,632.3 Crores with an equity price band set at ₹95 to ₹100 per equity share. The retail lot size is 150 shares requiring a minimum capital outlay of approx. ₹15,000.
How can I check Billionbrains Garage Ventures Limited (Groww) IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 17.60x (Retail: 9.43x, QIB: 22.02x, NII: 14.21x). You can track live multiples directly on our dedicated subscription page.
Where and when will Billionbrains Garage Ventures Limited (Groww) IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-11-10. Investors can verify status using PAN card or application number.
When is the listing date for Billionbrains Garage Ventures Limited (Groww) IPO?
Billionbrains Garage Ventures Limited (Groww) shares are scheduled to list on NSE and BSE on 2025-11-12.