| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹6632.30 Cr |
| Fresh Issue | ₹1060.00 Cr |
| Offer for Sale | ₹5572.30 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน95.00-100.00 per share |
| BSE Code | 544603 |
| NSE Code | GROWW |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Kotak Mahindra Capital Co.Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 150 shares and in multiples thereof
Billionbrains Garage Ventures Limited was incorporated on January 9, 2018. It is the parent company of Groww, a Bengaluru-based direct-to-customer (D2C) digital investment platform that provides investors wealth creation opportunities through multiple financial products and services.
The company offers a platform to invest in stocks, directly-only mutual funds, IPOs, ETFs, NFOs, bonds, and digital gold in the form of gold ETFs and gold funds.
Further, traders can use the Groww app to trade in F&O, commodities, and intraday.
For advanced traders, Groww has introduced 915 by Groww, a pro-trading web-based terminal for high-frequency trading.
Groww also offers value-added services such as Margin Trading Facility (MTF), APIs for algorithmic trading, and credit solutions.
Business Model
Products & Services:
As of June 30, 2025, the company had 1415 employees.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Expenditure towards cloud infrastructure | 152.50 |
| 2 | Brand building and performance marketing activities | 225.00 |
| 3 | Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | 205.00 |
| 4 | Investment in one of our Material Subsidiaries, GIT, for funding its MTF business | 167.50 |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | 265.98 |
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|---|
| Assets | 12,713.18 | 10,077.31 | 10,819.10 | 8,017.97 | 4,807.78 |
| Total Income | 948.47 | 4,061.65 | 1,047.58 | 2,795.99 | 1,260.96 |
| Profit After Tax | 378.37 | 1,824.37 | 338.01 | -805.45 | 457.72 |
| EBITDA | 418.75 | 2,371.01 | 482.66 | -780.88 | 398.78 |
| NET Worth | 5,995.45 | 4,855.35 | 2,886.28 | 2,542.64 | 3,316.75 |
| Reserves and Surplus | 5,506.78 | 3,251.92 | 2,821.41 | 2,477.76 | 4,445.63 |
| Total Borrowing | 324.08 | 351.99 | 117.66 | 24.06 | |
| Amount in ₹ Crore | |||||
| KPI | Mar 31, 2025 |
|---|---|
| RoNW | 37.57% |
| PAT Margin | 44.92% |
| EBITDA Margin | 59.11% |
| Price to Book Value | 11.76 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.01 | 2.45 |
| P/E (x) | 33.26 | 40.79 |
| Promoter Holding | 28.29% | 27.53% |
| Market Cap | โน61735.97 Cr. | |