Groww (Billionbrains Garage Ventures) IPO

LISTED
MAINBOARD

BSE • Lot Size: 150 • IT - Software

Issue100
Listed115+15%
Now159+59.0%
59.0%

*Last updated on 11 Jan 2026

Price Band

₹95 - ₹100

Lot Size

150

Issue Size

₹6632.3 Cr

GMP

N/A

Subscription

17.60x

Analyzing...

IPO Schedule

1

Open

4 Nov 2025

2

Close

7 Nov 2025

3

Allotment

10 Nov 2025

4

Listing

12 Nov 2025

About Groww (Billionbrains Garage Ventures)

Groww (Billionbrains Garage Ventures) is a rapidly growing online investment platform in India, offering a wide range of financial products including stocks, mutual funds, ETFs, and more. The company aims to democratize investing by providing a user-friendly platform and educational resources to both new and experienced investors.

Key Strengths

  • Strong brand recognition and user base in the Indian online investment market.
  • User-friendly platform and mobile app catering to a diverse range of investors.
  • Focus on technology and innovation to enhance user experience and expand product offerings.
  • Significant growth potential driven by increasing financial literacy and internet penetration in India.
  • Relatively low-cost brokerage model attracting a large customer base.

Risk Factors

  • Highly competitive landscape with established players and new entrants.
  • Regulatory changes and compliance requirements in the financial services industry.
  • Dependence on technology and the risk of cybersecurity breaches or system failures.
  • Fluctuations in the stock market and economic conditions impacting investment volumes.
  • Inability to maintain user growth and retention rates.

Valuation Analysis

The P/E ratio of 33.26 suggests that the IPO is priced at a premium compared to some industry peers, reflecting investor expectations of high growth. Investors should carefully consider the company's growth prospects and competitive landscape before investing.

IPO Details

ExchangeBSE
SegmentMAINBOARD
ISININE0HOQ01053
NSE SymbolGROWW
Face Value2
Lot Size150
Issue Size₹6632.3 Cr

Key Metrics

P/E Ratio33.26
Industry P/E20
EPS3.01
PAT Margin44.92%
Debt/Equity0.1

Growth & Quality

Revenue Growth (YoY)180.0%
ProfitableYes ✓
Anchor Investors75

Subscription

Total0.57x
Imbalance Ratio6.9x

Documents

Key Dates

Open Date4 Nov 2025
Close Date7 Nov 2025
Allotment10 Nov 2025
Listing12 Nov 2025