Billionbrains Garage Ventures (Groww) Limited IPO Company Profile:
BillionBrains Garage Ventures Limited (Groww) is one a leading direct-to-customer digital investment platform offering comprehensive wealth creation opportunities through a wide range of financial products and services. The platform enables customers to invest and trade in stocks (including IPOs), derivatives, bonds, and mutual funds (including Groww Mutual Fund), while also providing margin trading facilities and personal loans. With a user-friendly interface and robust in-house technology infrastructure, Groww delivers a seamless and enhanced investing experience.
| IPO-Note | BillionBrains Garage Ventures Limited (Groww) |
| Rs. 95 – Rs. 100 per Equity share | Recommendation: Apply |
Billionbrains Garage Ventures (Groww) Limited IPO Details:
| Issue Details | |
| Objects of the issue | · Expenditure towards cloud infrastructure
· Expenses for Marketing · Investment in Subsidiary · General Corporate Exp.
|
| Issue Size | Total Issue Size-Rs. 6,632.30Cr
OFS Size- Rs. 5,572.30 Cr Fresh Issue- Rs. 1,060.00 Cr |
| Face value |
Rs . 2 |
| Issue Price | Rs. 95 – Rs. 100 per share |
| Bid Lot | 150 Shares |
| Listing at |
BSE, NSE |
| Issue Opens | November 04, 2025- November 07, 2025 |
| QIB | Not Less than 75% of Net Issue Offer |
| HNI | Not More than 15% of Net Issue Offer |
| Retail | Not More than 10% of Net Issue Offer |
Groww Limited IPO
Wants To Apply Online 
Billionbrains Garage Ventures (Groww) Limited IPO Strengths:
- As of June 30, 2025, Groww served customers across 98.36% of India’s pin codes, reflecting a highly diverse user base spanning all socio-economic backgrounds. Nearly 45% of active users were under 30, and 21% between 31–35 years. Notably, 43.21% of new users opened their first demat account with Groww, while 81% were based outside major metros, underscoring its deep nationwide reach.
- Groww facilitates personal loans through partnerships with leading banks and NBFCs, where lending partners manage credit underwriting and bear the associated credit risk. For the Q1FY26, the average loan size per user was ₹71,138.68, with an average tenure of around 15 months. The majority of personal loans on the platform are distributed under this collaborative model.
- As of June 30, 2025, Groww was among the leading retail investment platforms in India, with approximately 12.58 million NSE active clients, highlighting its strong position in the market. According to NSE data, Groww’s active clients grew from ~4.4 million in June 2022 to 12.58 million in June 2025.
- In FY25, Groww contributed approximately ₹340 billion to the industry’s total ₹2,894 billion in SIP inflows, according to AMFI data. This represents a market share of 11.76%, reflecting Groww’s strong presence and growing influence in India’s mutual fund investment ecosystem during the financial year.
- As per Sensor Tower data, Groww is the only investment app in India to surpass 100 million cumulative downloads as of June 2025. Among the top five brokers by NSE active clients, it held the highest share of new app downloads at 38.18%. According to Google Trends, Groww also recorded the highest search interest among top brokers in FY25.
- Groww accounted for about 25.8% of net new demat account additions between June 2024 and June 2025, with ~9.45 million new accounts out of the industry’s ~36.66 million additions (as per CDSL and NSDL). During the same period, Groww’s total individual demat accounts rose from ~27.96 million to ~37.41 million, representing a steady market share of approximately 18.9%.
- The company reported revenue from operations of ₹3,901.72 crore in FY25, reflecting a strong growth of 49.5% from ₹2,609.28 crore in FY24. It achieved PAT of ₹1,824.37 crore in FY25, marking a turnaround from a loss of ₹805.45 crore in FY24. For Q1 FY26, the company reported revenue of ₹904.40 crore and PAT of ₹378.37 crore.
- India’s Investment and Wealth Management sector had a total addressable market of approximately ₹1.1 trillion as of March 2025. The market is projected to expand significantly, reaching ₹2.2–₹2.6 trillion by March 2030, reflecting an estimated CAGR of 15–17% during this period, driven by rising financial awareness, increasing disposable income, and growing retail participation in investments.
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Check Groww Limited IPO Allotment Status
Groww Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
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To Groww India Limited IPO Allotment Status
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Go to Application Status
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Select Groww Ltd IPO
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Enter your PAN Number or Application Id or DP Client Id.
Groww Limited IPO
Application Form
Billionbrains Garage Ventures (Groww) Limited IPO Risk Factors:
- The company faces intense competition from both listed and unlisted players, including Angel One, MOFSL, 360 ONE, Nuvama, IIFL Capital, Zerodha, Upstox, Paytm Money, and Sharekhan. The presence of these established and emerging competitors may exert pressure on the company’s revenue growth, margins, and overall profitability and market share.
- The industry in which Groww operates is highly regulated, and any adverse changes in regulatory policies or compliance requirements could materially impact the company’s operations. Such changes may lead to reduced client activity or increased operational costs, thereby affecting the company’s revenue growth and profitability.
Billionbrains Garage Ventures (Groww) Limited IPO Financial Performance:
Billionbrains Garage Ventures (Groww) Limited IPO Shareholding Pattern:
| Particulars | Pre Issue | Post issue |
| Promoters Group | 28.29% | 27.81% |
| Others | 71.71% | 27.19% |
Sources: Company Website, RHP.
Groww Limited IPO FAQ:
Ans. Groww IPO is a main-board IPO of 66,32,30,051 equity shares of the face value of ₹2 aggregating up to ₹6,632.30 Crores. The issue is priced at . The minimum order quantity is 150.
The IPO opens on November 4, 2025, and closes on November 7, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Groww IPO opens on November 4, 2025 and closes on November 7, 2025.
Ans. Groww IPO lot size is 150, and the minimum amount required for application is ₹15,000.
Ans. The Groww IPO listing date is not yet announced. The tentative date of Groww IPO listing is Wednesday, November 12, 2025.
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