Billionbrains Garage Ventures Limited is entering the public markets through Mainboard IPO with an issue size of ₹6,632.30 crore. The issue consists of a fresh issue of ₹1,060.00 crore and an offer for sale of ₹5,572.30 crore. The shares are proposed to be listed on NSE & BSE.
The IPO subscription window opens on November 4, 2025 and will remain open until November 7, 2025. The company plans to list its shares on November 12, 2025. Since this is a Mainboard IPO, participation is expected from a wide range of investors.
Billionbrains Garage Ventures Limited (Groww) IPO Timeline
IPO Quick Facts
This section covers the main IPO details of Billionbrains Garage Ventures Limited that investors generally review before applying.
IPO Details at a Glance
| Company Name | Billionbrains Garage Ventures Limited |
|---|---|
| IPO Segment | Mainboard |
| Sale Type | Fresh Issue + Offer For Sale |
| Issue Type | Bookbuilding IPO |
| Price | ₹100 Per Share |
| Lot Size | 150 Shares |
| Face Value | ₹2 Per Share |
| Exchange | NSE & BSE |
IPO Documents
| RHP | DRHP | Prospectus |
|---|---|---|
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Investor Category & Share Allocation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Qualified Institutional Buyers (QIB) | 497,422,539 | 75.00% |
| — Anchor Investor | 298,453,523 | 45.00% |
| — QIB (Ex Anchor) | 198,969,016 | 30.00% |
| NII (HNI) | 99,484,507 | 15.00% |
| — bNII > ₹10L | 66,323,005 | 10.00% |
| — sNII < ₹10L | 33,161,502 | 5.00% |
| Retail | 66,323,005 | 10.00% |
| Total Shares Offered | 663,230,051 | 100.00% |
Billionbrains Garage Ventures Limited IPO Important Dates
The following table highlights the key dates for the Billionbrains Garage Ventures Limited IPO, covering the subscription period and the expected listing timeline.
| IPO Opening Date | 04 Nov 2025 |
|---|---|
| IPO Closing Date | 07 Nov 2025 |
| Allotment Finalization | 10 Nov 2025 |
| Initiation of Refunds | 11 Nov 2025 |
| Credit of Shares | 11 Nov 2025 |
| IPO Listing Date | 12 Nov 2025 |
Billionbrains Garage Ventures Limited IPO Size & Structure
| Total IPO Size | ₹6,632.30 Crore |
|---|---|
| Offer For Sale | ₹5,572.30 Crore |
| Fresh Issue | ₹1,060.00 Crore |
Billionbrains Garage Ventures IPO (Groww IPO) Lot Size & Minimum Investment
The table below shows the lot size and investment amount for the Billionbrains Garage Ventures IPO (Groww IPO), which is a fixed price IPO priced at ₹100 per share.
Investors can apply for the IPO with a minimum of 150 shares. Applications must be made in multiples of 150 shares.
- Retail investors can apply from 1 lot to 13 lots.
- Small HNI (SHNI) investors must apply for at least 14 lots.
- Big HNI (BHNI) investors need to apply for a minimum of 67 lots.
This information helps investors understand the minimum investment required before applying for the IPO.
Note: Retail investors generally apply at the cut-off price, which is ₹100 per share.
| Category | Lots | Shares | Price | Amount |
|---|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹100 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹100 | ₹195,000 |
| S-HNI (Min) | 14 | 2,100 | ₹100 | ₹210,000 |
| S-HNI (Max) | 66 | 9,900 | ₹100 | ₹990,000 |
| B-HNI | 67 | 10,050 | ₹100 | ₹1,005,000 |
Billionbrains Garage Ventures Limited IPO GMP (Grey Market Premium)
The latest Billionbrains Garage Ventures Limited IPO GMP (Grey Market Premium), along with Kostak rates and Subject to Sauda rates, helps in understanding market sentiment. The current Billionbrains Garage Ventures Limited IPO GMP is ₹5 (5.00%), compared to the IPO issue price of ₹100. Based on the current GMP, the expected listing price is around ₹105. The Lowest GMP was ₹3 on 11 Nov 2025, while the highest GMP reached ₹16 on 04 Nov 2025.
Billionbrains Garage Ventures Limited IPO was listed on the stock exchange on 12 Nov 2025. The IPO was subscribed 17.54 times. The first reported GMP was ₹11 (11%), while the latest recorded GMP stood at ₹5 (5%).Listing Details:
- Issue Price: ₹100 per share.
- Listing Price: ₹114.00 (approx. 14% gain)
- Listing Date: 12 Nov 2025
Billionbrains Garage Ventures Limited IPO GMP Today - Trend Analysis
| Date | Issue Price (₹) | GMP Price (₹) | Estimated Gain (%) | Estimated Price (₹) | Estimated Profit (₹) |
|---|---|---|---|---|---|
| 12 Nov 2025 | ₹100 | ▲ ₹5 | ▲ 5% | ₹105 | ₹750 |
| 11 Nov 2025 | ₹100 | ▼ ₹3 | ▼ 3% | ₹103 | ₹450 |
| 10 Nov 2025 | ₹100 | ₹5 | 5% | ₹105 | ₹750 |
| 08 Nov 2025 | ₹100 | ₹5 | 5% | ₹105 | ₹750 |
| 07 Nov 2025 | ₹100 | ▼ ₹5 | ▼ 5% | ₹105 | ₹750 |
| 06 Nov 2025 | ₹100 | ₹14 | 14% | ₹114 | ₹2,100 |
| 05 Nov 2025 | ₹100 | ▼ ₹14 | ▼ 14% | ₹114 | ₹2,100 |
| 04 Nov 2025 | ₹100 | ▲ ₹16 | ▲ 16% | ₹116 | ₹2,400 |
| 03 Nov 2025 | ₹100 | ₹15 | 15% | ₹115 | ₹2,250 |
| 01 Nov 2025 | ₹100 | ₹15 | 15% | ₹115 | ₹2,250 |
| 31 Oct 2025 | ₹100 | ▲ ₹15 | ▲ 15% | ₹115 | ₹2,250 |
| 30 Oct 2025 | ₹100 | ▲ ₹11 | ▲ 11% | ₹111 | ₹1,650 |
Billionbrains Garage Ventures Limited IPO GMP gives retail and institutional investors an idea about short-term market expectations. Although grey market premium does not guarantee listing performance, it is still commonly referred to while analysing IPOs. Investors are advised to look at Billionbrains Garage Ventures Limited fundamentals along with IPO GMP data before making any investment decision.
GMP Disclaimer: GMP (Grey Market Premium) prices are unofficial and only reflect market sentiment. We neither participate in grey-market trading nor encourage it. Investors are strongly advised to review the company’s fundamentals, risks, and official documents before considering an investment in the Billionbrains Garage Ventures Limited IPO.
Billionbrains Garage Ventures Limited IPO Subscription Status
Billionbrains Garage Ventures Limited IPO was subscribed 17.54 times overall on the final day of bidding (as of 07 Nov 2025).The subscription opened on 04 Nov 2025. The Retail portion was subscribed 9.19 times, while QIB and NII categories were subscribed 22.02 times and 14.15 times respectively.
Subscription by Category (QIB, NII, Retail, Employee)
Daily Subscription Trend (Day-wise):
| Date | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| 04 Nov 2025 | 0.1x | 0.6x | 1.92x | — | 0.57x |
| 06 Nov 2025 | 0.2x | 2.27x | 5.11x | — | 1.66x |
| 07 Nov 2025 | 22.02x | 14.15x | 9.19x | — | 17.54x |
On the first day, the Billionbrains Garage Ventures Limited IPO received good initial interest, with early participation from Retail and NII investors.
Demand for the Billionbrains Garage Ventures Limited IPO strengthened further on Day-2, driven mainly by higher bids from Retail, followed by NII investors.
By the end of the bidding period, the IPO was subscribed 17.54x overall, reflecting strong demand from key investor categories, led by QIB, followed by NII and Retail investors. Overall subscription for the Billionbrains Garage Ventures Limited IPO increased from 0.57x on Day-1 to 17.54x by the final day.
Billionbrains Garage Ventures Limited IPO Final Subscription
| Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 22.02x |
| Non-Institutional Investors (NII) | 14.19x |
| Retail Investors | 9.36x |
| Total | 17.58x |
Billionbrains Garage Ventures Limited IPO Allotment Status
The Billionbrains Garage Ventures Limited IPO allotment status was released on 10 Nov 2025. Investors who applied for the IPO can now check their Billionbrains Garage Ventures Limited allotment status online through the official registrar website and NSE / BSE portal.
- 🗓 Allotment Date: 10 Nov 2025
- 📈 Listing Date: 12 Nov 2025
How to Check Billionbrains Garage Ventures Limited IPO Allotment Status Online?
Investors can check the Billionbrains Garage Ventures Limited IPO allotment status online through KFin Technologies Limited, NSE and BSE websites. All platforms provide easy access to the IPO allotment details.
Just follow the below mentioned steps to check your allotment status.You can also visit
KFin Technologies
to know more about the IPO registrar.
Check on KFin Technologies Limited (IPO Registrar)
- Visit → KFin Technologies Limited
- Select Billionbrains Garage Ventures Limited
- Enter Application No / Demat Account / PAN details
- Click Submit to view allotment status
Check on NSE (National Stock Exchange) Website
- Go to → NSE Website
- Select Equity & SME IPO Bid Details.
- Choose Billionbrains Garage Ventures Limited IPO.
- Enter your PAN & Application Number.
- Click on Submit button.
The National Stock Exchange (NSE) provides an online facility to check the Billionbrains Garage Ventures Limited IPO allotment status.
Check on BSE (Bombay Stock Exchange) Website
- Visit → BSE Website.
- Select Issue Type: Equity.
- Choose Billionbrains Garage Ventures Limited IPO.
- Enter your PAN or Application Number.
- Click on Search button.
The Bombay Stock Exchange (BSE) also allows investors to check the Billionbrains Garage Ventures Limited IPO allotment status online.
Note: Allotment status is published only on the official registrar websites. We do not collect investor data or provide allotment verification directly.
How to Apply for Billionbrains Garage Ventures Limited IPO?
Login to Your Trading App
Open your trading app such as Angel One, Zerodha, Upstox, Groww or any brokerage app.
Go to the IPO Section
Navigate to the IPO section in the app, search for the IPO, and enter your bid details.
Enter Your UPI ID
Provide your UPI ID that is linked to your bank account for payment authentication.
Approve the Mandate
Open your UPI app and approve the payment mandate to block the required amount.
Application Confirmation
Application submitted successfully, the funds will remain blocked until allotment is finalized.
Billionbrains Garage Ventures Limited IPO Listing Analysis
Below is a quick summary of the Billionbrains Garage Ventures Limited IPO issue price, listing price, and listing gain on BSE and NSE.
| IPO Status | Issue Price | Listing Price | Listing Gain |
|---|---|---|---|
| Listed (BSE) | ₹100 | ₹114 | ▲ 14.00% |
| Listed (NSE) | ₹100 | ₹112 | ▲ 12.00% |
Billionbrains Garage Ventures Limited debuted at ₹114, listing at a premium of +₹14 (+14.00%). The stock closed at ₹130.94, gaining +14.86%. Investors earned a profit of +₹4,641 per lot.
📌 IPO Issue Price and Lot Size
The IPO of Billionbrains Garage Ventures Limited was offered in the price band of ₹100 to ₹100 per share.
- The final issue price was fixed at ₹100.
- One lot consisted of 150 shares.
- Minimum investment: ₹100 × 150 = ₹15,000
- Investment after Day-1: ₹130.94 × 150 = ₹19,641
- By the end of the listing session, investors made a profit of +₹4,641 per lot.
📌 IPO Subscription Analysis
With an overall subscription of 17.54×, supported by QIB participation of 22.02×, the IPO delivered steady listing gains. The stock debuted at 14.00% and closed at 30.94%.
| Day | QIB | NNI | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.1x | 0.6x | 1.92x | 0.57x |
| Day 2 | 0.2x | 2.27x | 5.11x | 1.66x |
| Day 3 | 22.02x | 14.15x | 9.19x | 17.54x |
📌 Final Assessment
Overall Outcome: Successful IPO
- Subscription Phase: High investor participation
- Listing Phase: Strong listing performance
- Investor Experience: Strong short-term gains for investors
About Billionbrains Garage Ventures Limited (Groww)
Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform, providing multiple financial products and services.
IPO Financial Summary
- Total Assets changed by 25.68% in FY 2024-2025.
- Total Revenue changed by 45.27% in FY 2024-2025.
- Profit After Tax turned positive in FY 2025 at 1,824.37.
- Reserves & Surplus changed by 31.24% in FY 2024-2025.
- Total Borrowings changed by 1362.97% in FY 2024-2025.
| Metric | 2025-06-30 | 2025-03-31 | 2024-06-30 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|---|
| Total Assets (₹ Cr) | 12,713.18 | 10,077.31 | 10,819.10 | 8,017.97 | 4,807.78 |
| Total Revenue (₹ Cr) | 948.47 | 4,061.65 | 1,047.58 | 2,795.99 | 1,260.96 |
| Profit After Tax (₹ Cr) | 378.37 | 1,824.37 | 338.01 | -805.45 | 457.72 |
| Reserves & Surplus (₹ Cr) | 5,506.78 | 3,251.92 | 2,821.41 | 2,477.76 | 4,445.63 |
| Total Borrowings (₹ Cr) | 324.08 | 351.99 | 117.66 | 24.06 | 0.00 |
Utilisation of Proceeds
The Company proposes to utilise the net IPO proceeds of approximately ₹1,015.98 crore towards the following objectives:
| # | Purpose | Amount (₹ Cr) | % of Total |
|---|---|---|---|
| 1 | Expenditure towards cloud infrastructure | 152.50 | 15.01% |
| 2 | Brand building and performance marketing activities | 225.00 | 22.15% |
| 3 | Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | 205.00 | 20.18% |
| 4 | Investment in one of our Material Subsidiaries, GIT, for funding its MTF business | 167.50 | 16.49% |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes | 265.98 | 26.18% |
| Total | 1,015.98 | 100% | |
Billionbrains Garage Ventures IPO (Groww IPO) Promoter Holding
| Promoter(s) | Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh |
|---|---|
| Pre-Issue Holding | 28% |
| Post-Issue Holding | 27.53% |
Billionbrains Garage Ventures Limited IPO FAQs
The Billionbrains Garage Ventures Limited IPO is a Mainboard Bookbuilding IPO with a total issue size of ₹6,632.30 crore. The issue consists of a fresh issue of ₹1,060.00 crore and an offer for sale of ₹5,572.30 crore.
The IPO will open for subscription on Tue, 04 Nov 2025 and will close on Fri, 07 Nov 2025.
The shares are being offered at a fixed issue price of ₹100 per equity share.
Investors can apply for the IPO with a minimum lot size of 150 shares.
At the upper price band, the minimum investment required for one lot is approximately ₹15,000.
The shares of Billionbrains Garage Ventures Limited are expected to be listed on NSE & BSE on Wed, 12 Nov 2025.
The Grey Market Premium (GMP) of Billionbrains Garage Ventures Limited IPO is ₹5.
The expected listing price of Billionbrains Garage Ventures Limited IPO is around ₹105 based on current GMP. This indicates a potential return of approximately 5.00% , with an estimated profit of ₹750 per lot, subject to market conditions.
The Billionbrains Garage Ventures Limited IPO was subscribed 17.58 times on the final day of subscription.
The retail portion is subscribed 9.19 times as of 07 Nov 2025.
The QIB portion is subscribed 22.02 times and the NII portion is subscribed 14.15 times .
The IPO registrar of Billionbrains Garage Ventures Limited is KFin Technologies Limited. KFin is responsible for processing IPO applications, finalizing allotment, crediting shares, and initiating refunds.
The allotment date is expected on Mon, 10 Nov 2025.
Allotment status is generally updated in the evening (6 PM – 10 PM) on Mon, 10 Nov 2025 on the registrar or exchange website.
Shares are expected to be credited by Tue, 11 Nov 2025.
Refunds for unsuccessful applicants will be initiated on Tue, 11 Nov 2025.
Investors can check refund status via:
- UPI mandate / bank account (NACH, NEFT, RTGS)
- ASBA bank portal
Billionbrains Garage Ventures Limited IPO is listed on NSE (GROWW) and BSE (544603).
The current share price of Billionbrains Garage Ventures Limited (Groww) is ₹179.65. The stock opened at ₹172.25, hit a high of ₹181.35 and a low of ₹171.90.
Billionbrains Garage Ventures Limited (Groww) share price has increased by ₹7.60 (4.42%) compared to the previous close. The stock has gained 57.59% from its listing price of ₹114.00 on BSE and gained 60.40% from its listing price of ₹112.00 on NSE.
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