IPO - Initial Public Offerings

 GROWW

  

BILLIONBRAINS GARAGE VENTURES LTD. IPO

04 Nov, 10:00 AM

Issue Open

07 Nov, 05:00 PM

Issue Close

150

Lot Size

₹ 95.00 – ₹ 100.00

Price Range

IPO Issue Details

Issue size 6632.30 Cr
Market Price 100.00
Registrar MUFG Intime India Pvt.Ltd
Face Value RS.2 /- Per share
Listing at NSE BSE

About

BILLIONBRAINS GARAGE VENTURES LTD. IPO
Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. The company offers platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Its mobile app is particularly popular among mutual fund investors. Groww also offers value-added services such as Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions. Business Model Growing its customer base and Expanding its relationship with customers Products & Services: Broking services which includes Stocks and Derivatives Products which includes Mutual Funds, MTF, Credit and Groww AMC As of June 30, 2025, the company had 1415 employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 150 ₹ 15,000.00
Retail (Max) 13 1950 ₹ 1,95,000.00
S-HNI (Min) 14 2100 ₹ 2,10,000.00
S-HNI (Max) 66 9900 ₹ 9,90,000.00
B-HNI (Min) 67 10050 ₹ 10,05,000.00

IPO TimeLine

Open Date 04-Nov-2025
Close Date 07-Nov-2025
Basis of Allotment Date 10-Nov-2025
Initiation of Refunds 11-Nov-2025
Credit Shares to Demat A/c 11-Nov-2025
IPO Listing Date 12-Nov-2025