Billionbrains Garage Ventures IPO subscribed 54% led by…; check details
Groww IPO: The price range of the issue has been set between Rs 95 and Rs 100 per share.
Groww’s public offering news: The initial public offering (IPO) of Billionbrains Garage Ventures, the parent company of stock brokerage firm Groww, opened on Tuesday, November 4, 2025. It garnered 54 percent subscriptions on the first day. While the quota for individual investors was 1.83 times fully subscribed, the category for non-institutional investors received 54 percent subscribers.
Groww IPO Price Range
The price range of the issue has been fixed between Rs 95 and Rs 100 per share. Investors can bid for a minimum of 150 shares and in multiples of 150 thereafter. The offering includes a fresh issue of Rs 1,060 billion and an offer for sale (OFS) of Rs 5,572.30 billion, taking the total issue size to Rs 6,632 billion.
Groww public offering subscription status
Billionbrains Garage Ventures’ IPO was 54 percent subscribed at 16:24 on November 4, 2025.
- Qualified Institutional Buyers (QIBs): 0.10x
- Non-Institutional Investors (NII): 0.54 times
- Retail Individual Investors (RIIs): 1.83x
- Total: 0.54 times
Groww is a direct-to-consumer digital investment platform offering multiple financial products and services.
