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GROWWEQ / NSE, BSEListed
Billionbrains Garage Ventures (Groww)

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.

₹95 - ₹10017.6x sub
Listed Price₹112.00
Listing Gain+12.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open04 Nov 2025
Close07 Nov 2025
Allotment10 Nov 2025
Listing12 Nov 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor29,84,53,523 shares
45%
QIB19,89,69,015 shares
30%
HNI9,94,84,508 shares
15%
Retail6,63,23,005 shares
10%

Minimum Application Lots

Retail1 Lot (150 shares)
₹15,000
sHNI14 Lots (2,100 shares)
₹2,10,000
bHNI67 Lots (10,050 shares)
₹10,05,000

Company Promoters

Lalit KeshreHarsh JainIshan BansalNeeraj Singh

Company Background

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 ...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-25)₹948.47 Cr
Growth-24.8%
Revenue Trend (₹ in Crores)
0.01.6k3.1k4.7kMar-23Mar-24Mar-25Jun-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-25948.47378.3712,713.18324.08
Mar-254,061.651,824.3710,077.31351.99
Mar-242,795.99-805.458,017.9724.06
Mar-231,260.96457.724,807.780

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-250.660%0%040.79
Mar-253.340%0%33.260
Mar-24-1.500%0%00
Mar-230.860%0%00

Peer Comparison & Valuation

Financial Performance

Billionbrains Garage Ventures Ltd

NAV/Share (₹)8.89
RONW(%)37.57
EPS (Basic) (₹)3.34

Angel One Limited

NAV/Share (₹)623.72
RONW(%)20.85
EPS (Basic) (₹)130.05

Motilal Oswal Financial Services Limited

NAV/Share (₹)185.24
RONW(%)22.64
EPS (Basic) (₹)41.83

360 One WAM Limited

NAV/Share (₹)188.89
RONW(%)14.37
EPS (Basic) (₹)27.14

Nuvama Wealth Management Limited

NAV/Share (₹)979.11
RONW(%)28.22
EPS (Basic) (₹)276.66

Prudent Corporate Advisory Services Limited

NAV/Share (₹)161.25
RONW(%)29.3
EPS (Basic) (₹)47.25

Valuation

Billionbrains Garage Ventures Ltd

P/E(X)33.26
CMP* (₹)0
Face value (₹)2.00

Angel One Limited

P/E(X)19.8
CMP* (₹)0
Face value (₹)10.00

Motilal Oswal Financial Services Limited

P/E(X)24.88
CMP* (₹)0
Face value (₹)1.00

360 One WAM Limited

P/E(X)45.2
CMP* (₹)0
Face value (₹)1.00

Nuvama Wealth Management Limited

P/E(X)26.85
CMP* (₹)0
Face value (₹)10.00

Prudent Corporate Advisory Services Limited

P/E(X)58.92
CMP* (₹)0
Face value (₹)5.00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
10 Nov 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
12 Nov 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Billionbrains Garage Ventures (Groww). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization10 Nov 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date12 Nov 2025Trading commences on exchange

How to Check Billionbrains Garage Ventures (Groww) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Billionbrains Garage Ventures (Groww) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Billionbrains Garage Ventures (Groww) IPO

Complete issue overview for Billionbrains Garage Ventures (Groww) (GROWW) IPO. The issue features an equity share price band of ₹95 – ₹100 per share with a minimum retail lot size of 150 Shares (minimum application amount of ₹15,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions