Groww IPO: A Promising Fintech Opportunity with Strong Brand Power

Groww IPO: A Promising Fintech Opportunity with Strong Brand Power

🔍 Groww IPO Overview

Groww IPO (Billionbrains Garage Ventures Ltd.) is set to open for subscription on November 4, 2025, and will close on November 7, 2025. The IPO is a book-built issue worth ₹6,632.30 crore — comprising a fresh issue of ₹1,060 crore and an offer for sale (OFS) of ₹5,572.30 crore.

Groww, a Bengaluru-based fintech unicorn, is one of India’s most trusted and fastest-growing online investment platforms, offering services across mutual funds, equities, derivatives, ETFs, IPOs, and U.S. stocks.

💰 Groww IPO Details
Particulars Details
IPO Type Book Building Issue
IPO Open Date November 4, 2025 (Tuesday)
IPO Close Date November 7, 2025 (Friday)
Issue Size ₹6,632.30 Crores
Fresh Issue ₹1,060.00 Crores
Offer for Sale ₹5,572.30 Crores
Price Band ₹95 – ₹100 per share
Face Value ₹2 per share
Lot Size 150 Shares
Minimum Retail Investment ₹15,000 (1 Lot)
Listing at BSE & NSE
Tentative Listing Date November 12, 2025
Pre-Issue Shares 6,06,75,96,631
Post-Issue Shares 6,17,35,96,631
📅 Groww IPO Timeline (Tentative)
Event Date
IPO Open Date November 4, 2025
IPO Close Date November 7, 2025
Allotment Finalization November 10, 2025
Refunds Initiation November 11, 2025
Credit to Demat November 11, 2025
Listing Date November 12, 2025
📊 Groww IPO Reservation
Investor Category Shares Offered
QIB (Institutional) Not less than 75% of the Net Offer
Retail Investors Not more than 10% of the Net Offer
NII (HNI) Not more than 15% of the Net Offer
🧭 About the Company – Billionbrains Garage Ventures Ltd. (Groww)

Founded in 2017, Groww has emerged as one of India’s leading digital wealth management platforms. It empowers retail investors by providing access to multiple investment avenues through a seamless app-based interface.

Key Offerings:

Broking Services – Stocks, F&O, ETFs, IPOs

Products – Mutual Funds, Margin Trading Facility (MTF), Credit, and Groww AMC

Value-Added Services – Algorithmic trading, NFOs, and digital gold

Employee Strength (as of June 30, 2025): 1,415

⚙️ Business Model Highlights

Groww’s business revolves around:
✅ Expanding its retail investor base
✅ Enhancing engagement with existing users
✅ Driving monetization via diversified financial products

💪 Competitive Strengths

🏆 Strong Brand Recall: “Groww” is a trusted name among young and tech-savvy investors.

📈 High Customer Retention: Strong engagement and long-term loyalty.

💻 In-House Technology Stack: Offers seamless, low-cost scalability.

👩‍💻 Customer-Centric Design: Simplified UI/UX to enhance investment experience.

🤝 Entrepreneurial Culture: Fast decision-making and growth execution.

🎯 Objects of the Issue
Purpose Estimated Amount (₹ Cr)
1.⁠ ⁠Cloud infrastructure expansion 152.50
2.⁠ ⁠Brand building & performance marketing 225.00
3.⁠ ⁠Investment in NBFC subsidiary (GCS) 205.00
4.⁠ ⁠Funding MTF business (GIT subsidiary) 167.50
5.⁠ ⁠Future acquisitions & general corporate purposes Remaining balance
📈 Expert View: Should You Apply?

Analysts expect strong investor interest due to Groww’s brand recognition, large retail base, and profitability prospects.
Considering the reasonable valuation, scalability of business, and growing fintech adoption, the IPO appears fundamentally sound for long-term investors.

💡 Expected Listing Gain: ₹112 – ₹118 per share range (approx.)
✅ Recommendation: Apply for listing and long-term gain potential.