The IPO of Groww’s parent company, Billionbrains Garage Ventures Ltd, which raised approximately Rs 6,632.30 crore — comprising about Rs 1,060 crore fresh equity and an OFS of Rs 5,572.30 crore — has now reached key milestones.
The issue was subscribed 17.60 times overall, with Qualified Institutional Buyers (QIBs) applying ~22.02 times, Non-Institutional Investors (NIIs) ~14.20 times, and the retail segment ~9.43 times.
Allotment status is expected to be finalised on Monday, 10 November 2025, with investor access via the registrar MUFG Intime India Pvt Ltd and the stock exchanges’ bidding portals.
Listing is scheduled for Wednesday, 12 November 2025 at 10:00 a.m. on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE).
Ahead of listing, the grey market was quoting unlisted shares at around Rs 104, which implies a modest premium of ~4% above the upper price band of Rs 100.
Investors applying for allotment can check status:
- Via the NSE portal → Select ‘Equity & SME IPO bid details’, then symbol “GROWW”, enter PAN and application number.
- On the registrar’s site → Choose “Billionbrains Garage Ventures Ltd”, enter PAN, application number or Client ID/DP-ID.
- On the BSE portal → Issue type “Equity”, select the company name, enter application number & PAN.
