Groww IPO – Detailed Analysis & Expert View | November 2025
📊 IPO Overview
Groww IPO (Billionbrains Garage Ventures Ltd) is a book-built issue worth ₹6,632.30 crores, comprising:
Fresh Issue: ₹1,060 crores (10.60 crore shares)
Offer for Sale (OFS): ₹5,572.30 crores (55.72 crore shares)
Groww IPO opens for subscription on November 4, 2025, and closes on November 7, 2025. The shares are proposed to be listed on BSE and NSE, with a tentative listing date of November 12, 2025.
💰 IPO Details at a Glance
Particular Details
Issue Size ₹6,632.30 Cr
Price Band ₹95 – ₹100 per share
Face Value ₹2 per share
Lot Size 150 shares
Minimum Investment (Retail) ₹15,000
Issue Type Book-Built
Listing At BSE, NSE
IPO Open Date Nov 4, 2025
IPO Close Date Nov 7, 2025
Allotment Date (Tentative) Nov 10, 2025
Listing Date (Tentative) Nov 12, 2025
👥 Investor Category Reservation
QIB: Not less than 75%
NII: Not more than 15%
Retail: Not more than 10%
🏦 About Groww (Billionbrains Garage Ventures Ltd.)
Founded in 2017, Groww is one of India’s leading digital investment platforms offering access to:
Mutual Funds, Stocks, F&O, ETFs, IPOs, Digital Gold, and U.S. Stocks
Value-added Services: Margin Trading Facility (MTF), Algorithmic Trading, NFOs, and Credit Solutions
As of June 30, 2025, the company employs 1,415 people and serves millions of active investors through its app and web platform.
🚀 Competitive Strengths
Strong, recognizable “Groww” brand across India.
High customer retention and engagement.
Fully in-house tech stack for low-cost, scalable growth.
Strong focus on user experience and simplicity.
Proven execution and consistent profitability growth.
🎯 Objects of the Issue
Purpose Amount (₹ Cr)
Cloud Infrastructure 152.50
Brand & Performance Marketing 225.00
Investment in NBFC Subsidiary (GCS) 205.00
Funding MTF Business (GIT) 167.50
Acquisitions & General Corporate Remaining
💬 Expert View – Should You Apply?
Yes, the Groww IPO looks fundamentally strong. Backed by strong brand visibility, high user engagement, and profitable growth in the fintech space, it’s considered one of the most awaited listings of 2025.
✔️ Verdict: Apply for listing gains and long-term holding
💹 Expected Listing Range: ₹112 – ₹118 per share
⚠️ Disclaimer:
This article is for informational and educational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Please consult your financial advisor before making any investment decision.
