Issue Price
₹100
Per Share
GMP
+₹13
+13% Grey Market
Est. Listing
₹113
Expected Price
Min. Application
₹30,000
2 lots × 150 shares
Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services.The company offers platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Its mobile app is particularly popular among mutual fund investors.Groww also offers value-added services such as Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions.Business ModelGrowing its customer base andExpanding its relationship with customersProducts & Services:Broking services which includes Stocks and DerivativesProducts which includes Mutual Funds, MTF, Credit and Groww AMCAs of June 30, 2025, the company had 1415 employees.Competitive Strengths:“Groww” is a well-known and preferred brand for investing across cities, towns and villages in India.High customer retention, engagement and price in-elasticity.Customer-friendly design for enhancing investing experience.In-house technology stack to deliver a differentiated experience at low cost.Entrepreneurial and ownership-driven cultureStrong execution delivering growth and profitability
Billionbrains Garage Ventures Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 663,230,051 | 100.00% | ₹6,632.30 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1,950 | ₹195,000 |
| sNII (Min) | 14 | 2,100 | ₹210,000 |
| bNII (Min) | 68 | 10,200 | ₹1,020,000 |
| Particulars | 30 Jun 2025 | 31 Mar 2025 | 30 Jun 2024 |
|---|---|---|---|
| Revenue from Operations | 948.47 | 4061.65 | 1047.58 |
| EBITDA | 418.75 | 2371.01 | 482.66 |
| Profit After Tax (PAT) | 378.37 | 1824.37 | 338.01 |
| Net Worth | 5995.45 | 4855.35 | 2886.28 |
| Total Assets | 12713.18 | 10077.31 | 10819.10 |
| Reserves & Surplus | 5506.78 | 3251.92 | 2821.41 |
| Total Borrowings | 324.08 | 351.99 | 117.66 |