The Initial Public Offering (IPO) of Groww's parent company, Billionbrains Garage Ventures Limited, is one of the most anticipated public issues. The details are as follows:
🚀 Groww IPO Key Details and Dates
| Detail | Information |
| IPO Open Date | November 4, 2025 (Tuesday) |
| IPO Close Date | November 7, 2025 (Friday) |
| Price Band | ₹95 to ₹100 per equity share |
| Lot Size | 150 Shares (Minimum investment: ₹15,000 at the upper price band) |
| Total Issue Size | ₹6,632.30 Crore |
| Issue Type | Book Building Issue (Fresh Issue + Offer For Sale) |
| Fresh Issue | ₹1,060 Crore |
| Offer For Sale (OFS) | ₹5,572.30 Crore (by existing investors and promoters) |
| Listing Exchanges | BSE and NSE |
| Tentative Listing Date | November 12, 2025 |
About Groww and IPO Objectives
Company Profile: Groww is a Bengaluru-based fintech company established in 2017. It operates as a leading direct-to-customer digital investment platform, allowing retail investors to invest in a wide range of financial products, including Mutual Funds, Stocks, Futures & Options (F&O), ETFs, IPOs, Digital Gold, and US Stocks. It is one of India's largest and fastest-growing investment platforms by active users.
Use of IPO Proceeds: The funds raised through the Fresh Issue will be used primarily for:
Strengthening the cloud infrastructure (technology development).
Brand building and performance marketing activities.
Investing in its subsidiaries to augment the capital base of its NBFC arm (GCS) and fund the Margin Trading Facility (MTF) business of another subsidiary (GIT).
Unidentified future acquisitions and general corporate purposes.
Grey Market Premium (GMP) Update
As of October 30, 2025, the Grey Market Premium (GMP) for the Groww IPO was reported to be around ₹11. This suggests a tentative listing price of approximately ₹111 (Upper Price Band + GMP), indicating potential listing gains of around 11%.