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Groww - Billionbrains Garage Ventures IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ [●] Cr. The company is based in Bangalore and caters to Banking And Finance - FinTech sector. Axis Capital , Citigroup Global Markets India , J.P. Morgan India , Kotak Mahindra Capital Company , Motilal Oswal Investment Advisors are the merchant bankers of Groww - Billionbrains Garage Ventures IPO. It is a MainBoard Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th September 2025.
IPO
Size:
₹ Cr.
Avg IPO Size (Sector Based)
: ₹
8,165.67 cr.
Sector: Banking And Finance - FinTech
IPO so far:
3
Merchant Banker:
Axis Capital
IPO by BRLM so far:
167
City:
Bangalore
IPO so far:
51
Revenue (annualised):
₹
3617.60
cr. 
PE
Ratio:
x
Average Sector PE Ratio: -28.92x
Groww - Billionbrains Garage Ventures IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Brand building and performance marketing activities | [●] |
| Investment in one of its Material Subsidiaries, Groww Creditserv Technology Private Limited (“GCS”), a non-banking financial company (“NBFC”), for augmenting its capital base; | [●] |
| Investment in one of its Material Subsidiaries, Groww Invest Tech Private Limited (“GIT”), for funding its margin trading facility (“MTF”) business | [●] |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | [●] |
Axis Capital Limited is the book-running lead manager of the Groww - Billionbrains Garage Ventures IPO. MUFG Intime India Private Limited (prev known as Linkintime India Private Limited) is the Registrar for Groww - Billionbrains Garage Ventures IPO.
Groww - Billionbrains Garage Ventures IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Groww - Billionbrains Garage Ventures IPO, based in Bangalore, operates in the Banking And Finance - FinTech sector with a focus on Fintech company that provides retail investors. The company is launching its MainBoard Upcoming IPO on the BSE,NSE exchange, using the Book Building Issue method. Groww - Billionbrains Garage Ventures IPO size is ₹ [●] with fresh issue size of ₹ 0 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Groww - Billionbrains Garage Ventures IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Groww - Billionbrains Garage Ventures IPO allotment status on the registrars website, MUFG Intime India Private Limited (prev known as Linkintime India Private Limited) . Groww - Billionbrains Garage Ventures IPO refund dates are [●].
Groww - Billionbrains Garage Ventures IPO is expected to be listed on [●].
The upper price band for the Groww - Billionbrains Garage Ventures IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Groww - Billionbrains Garage Ventures IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Groww - Billionbrains Garage Ventures IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of Groww - Billionbrains Garage Ventures IPO is finalised.
The merchant banker for Groww - Billionbrains Garage Ventures IPO is Axis Capital Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited . Axis Capital Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Groww - Billionbrains Garage Ventures IPO RHP for further details.
The registrar for Groww - Billionbrains Garage Ventures IPO is MUFG Intime India Private Limited (prev known as Linkintime India Private Limited) . Investors can go to MUFG Intime India Private Limited (prev known as Linkintime India Private Limited) registrar website for IPO allotment status, refund processing, and other queries related to Groww - Billionbrains Garage Ventures IPO through their official website or helpline.
Groww - Billionbrains Garage Ventures IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
[●]
Avg IPO Size (Sector Based)
:
₹ 8,165.67 Cr.
Sector: Banking And Finance - FinTech
IPO so far:
3
Merchant Banker:
Axis Capital
IPO by BRLM so far:
167
City:
Bangalore
IPO so far:
51
Revenue (annualised):
₹ 3,617.60 cr.
PE
Ratio:
[●]
Average Sector PE Ratio: -28.92x
Groww - Billionbrains Garage Ventures IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Groww - Billionbrains Garage Ventures Financial Review Page
Merchant Banker(s) of Groww - Billionbrains Garage Ventures IPO: Axis Capital Limited , Citigroup Global Markets India Private Limited , J.P. Morgan India Private Limited , Kotak Mahindra Capital Company Limited , Motilal Oswal Investment Advisors Limited
Groww - Billionbrains Garage Ventures IPO subscription was X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Groww - Billionbrains Garage Ventures IPO listed at a listing price of against the offer price of .
The current market price of Groww - Billionbrains Garage Ventures is .
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