Billionbrains Garage Ventures Ltd (Groww) IPO
Price Range
₹95 - ₹100
-
Min. Quantity
150 Shares
Closes on
7 November 2025
-
Min. investment
₹15,000
Billionbrains Garage Ventures Ltd IPO Timeline
Billionbrains Garage Ventures Limited was incorporated as 'Billionbrains Garage Ventures Private Limited' on January 9, 2018, as a private limited Company on January 17, 2018. Pursuant to the Scheme of Amalgamation, approved by the National Company Law Tribunal, Bengaluru Bench on March 28, 2024, Groww Inc., the erstwhile holding company was amalgamated into and with the Company. Further, the status of the Company was converted into a Public Limited Company and the name was changed to Billionbrains Garage Ventures Limited, and a fresh Certificate of Incorporation dated April 11, 2025 issued by the Registrar of Companies, Central Processing Centre.
| Event | Date |
|---|---|
| Billionbrains Garage Ventures Ltd IPO Opening Date | 4 November 2025 |
| Billionbrains Garage Ventures Ltd IPO Closing Date | 7 November 2025 |
| Basis of Allotment | 10 November 2025 |
| Initiation of Refunds | 11 November 2025 |
| Credit of Shares to Demat | 11 November 2025 |
| Billionbrains Garage Ventures Ltd IPO Listing Date | 12 November 2025 |
Billionbrains Garage Ventures Ltd IPO Details
| Billionbrains Garage Ventures Ltd IPO Date | 4 November 2025 to 7 November 2025 |
| Billionbrains Garage Ventures Ltd IPO Face Value | ₹2 per share |
| Billionbrains Garage Ventures Ltd IPO Price | ₹95 to ₹100 per share |
| Billionbrains Garage Ventures Ltd IPO Lot Size | 150 |
| Issue Size | Shares of ₹2 (aggregating up to ₹6,353.69 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹1060 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹5,572.3 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 19,89,69,016 of the Net Offer |
| Retail Shares Offered | Not less than 6,63,23,005 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,94,84,507 of the Net Offer |
| Company Promoters | Lalit Keshre, Harsh Jain, Ishan Bansal |
Billionbrains Garage Ventures Ltd IPO Lot Size
The Billionbrains Garage Ventures Ltd IPO lot size is 150 shares. A retail-individual investor can apply for up to 13 lots (1,950 shares or ₹1,95,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 150 | ₹15,000 |
| Maximum | 13 | 1,950 | ₹1,95,000 |
- Strengths
- Risks
- Opportunities
- "Groww" is a well-known and preferred brand for investing across cities, towns and villages in India
- We have high customer retention, engagement and price in-elasticity.
- Customer-friendly design for enhancing investing experience.
- In-house technology stack to deliver a differentiated experience at low cost.
- Entrepreneurial and ownership-driven culture.
- Strong execution delivering growth and profitability.
Company Financials
Billionbrains Garage Ventures Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 4,241.43 | 2,910.18 | 1491.56 |
| 03-2024 | 4,354.97 | 2,115.59 | -1042.01 |
| 03-2023 | 3,204.52 | 1,020.88 | 405.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Expenditure towards cloud infrastructure
- Brand building and performance marketing activities
- Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
- Investment in one of our Material Subsidiaries, GIT, for funding its MTF business
- General corporate purposes
Billionbrains Garage Ventures Ltd IPO Promoter Holding
| Pre Issue Share Holding | 9.12% |
| Post Issue Share Holding | 9.06% |
Billionbrains Garage Ventures Ltd IPO Subscription Status (Bidding Detail)
The Billionbrains Garage Ventures Ltd IPO is subscribed 0.57 times on 7 November 2025 05:00:00 PM. The public issue subscribed 1.9119 times in the retail category, 0.1023 times in the QIB category, and 0.5945 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 0.1023 | 0.5945 | 1.9119 | - | 0.57 |
Billionbrains Garage Ventures Ltd IPO Prospectus
Billionbrains Garage Ventures Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE0HOQ01053 |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Vaishnavi Tech Park Southtower3rd Flr Survey No 16/1 & 17/2,Bangalore-560103
Phone: +91 80 6960 1300
Email: corp.secretarial@groww.in
Website: www.groww.in
Billionbrains Garage Ventures Ltd IPO Registrar
Billionbrains Garage Ventures Ltd IPO Lead Manager(s)
- Kotak Mahindra Capital Company Limited
- J.P. Morgan India Private Limited
- Citigroup Global Markets India Private Limited
- Axis Capital Limited
- Motilal Oswal Investment Advisors Limited
How to Check the Allotment Status of Billionbrains Garage Ventures Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Billionbrains Garage Ventures Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
FAQ
What is the issue size of Billionbrains Garage Ventures Ltd IPO?
I have pre-applied for Billionbrains Garage Ventures Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.