billionbrains garage ventures limited IPO
IPO Overview
Billionbrains garage ventures limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹6,632.30 Cr. The IPO price band is set at ₹95 to ₹100 per share, and retail investors can apply with a minimum investment of ₹15.0K as per IPO guidelines.
The Billionbrains garage ventures limited IPO opens on 4 Nov 2025 and closes on 7 Nov 2025. The IPO allotment is expected to be finalized on 10 Nov 2025, and the equity shares are proposed to be listed on BSE, NSE on 12 Nov 2025.
Investors can refer to the Billionbrains garage ventures limited IPO RHP-DRHP for detailed information. The issue is managed by Kotak Mahindra Capital Co.Ltd.,JP Morgan India Pvt.Ltd.,Citigroup Global Markets India Pvt.Ltd.,Axis Capital Ltd.,Motilal Oswal Investment Advisors Ltd. as the book running lead manager, while MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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 Model
Growing its customer base and
Expanding its relationship with customers
Products & Services:
Broking services which includes Stocks and Derivatives
Products which includes Mutual Funds, MTF, Credit and Groww AMC
As 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 culture
Strong execution delivering growth and profitability
Investment Objective
Brand building and performance marketing activities
Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
Investment in one of the Material Subsidiaries, GIT, for funding its MTF business
Funding inorganic growth through unidentified acquisitions and general corporate purposes