
Groww (Billionbrains Garage Ventures)
12 Nov '25MAINBOARD
Min. Investment
₹14,250
Issue size
₹6632 Cr
GMP
Locked
Overall subscription: 17.6x
Check allotment status
Expert verdict

IPO dates
04 Nov
Opening
07 Nov
Closing
10 Nov
Allotment
12 Nov
Listing
*Refunds will be initiated on 11 Nov '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| HNI (Min) | 14 | 2100 | ₹2,10,000 |

Subscription (as on 07 November 2025, 06:30 PM)
Overall17.6x
About company
Founded: 2018|MD: Mr Lalit Keshre
- Founded in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. Headquartered in Bengaluru, the company began as a direct mutual fund investment platform and has since expanded its offerings to include equity trading in stocks, exchange-traded funds (ETFs), initial public offerings (IPOs), futures and options (F&O). As of March 2025, Groww serves approximately 13 million active clients, making it the largest stockbroker by active clients, according to the National Stock Exchange (NSE).
Issue Details & Objective
Lot size
150 Shares
Price band
₹95 to 100
Face value
₹2 per share

Financials
IPO reservation
Anchor investor - 31.03%
QIB - 51.72%
HNI - 10.34%
Retail - 6.90%
FAQs
Should I apply for the Groww (Billionbrains Garage Ventures) IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Groww (Billionbrains Garage Ventures) IPO?
The issue size of Groww (Billionbrains Garage Ventures) IPO is ₹6632 Cr
What are the open and close dates for Groww (Billionbrains Garage Ventures) IPO?
The Groww (Billionbrains Garage Ventures) IPO will be open for applications from 04 Nov '25 to 07 Nov '25
What is the lot size and minimum order quantity of Groww (Billionbrains Garage Ventures) IPO?
The lot size of Groww (Billionbrains Garage Ventures) IPO is 150 Shares and its minimum investment amount is ₹14,250.
What is the GMP value of Groww (Billionbrains Garage Ventures) IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Groww (Billionbrains Garage Ventures) IPO is 11.5

