Groww IPO: The preliminary public providing (IPO) of Billionbrains Storage Ventures, the mum or dad firm of on-line funding platform Groww, opened for public subscription on Tuesday, November 4, 2025. The Rs 6,632.3 crore mainline providing contains a recent problem of 106 million fairness shares and a proposal on the market (OFS) of 557.2 million shares.
Sturdy anchor investor participation
Forward of its IPO, Groww raised Rs 2,985 crore from 102 institutional traders by way of an anchor e-book on November 3. The corporate allotted 298.4 million fairness shares to anchor traders on the higher finish of the value band — Rs 100 per share.
Groww has mounted the value band for the difficulty at Rs 95–100 per share, with quite a bit dimension of 150 shares per utility.
MUFG Intime India is appearing because the registrar, whereas Kotak Mahindra Capital Firm, JP Morgan India, Citigroup World Markets India, Axis Capital, and Motilal Oswal Funding Advisors are serving because the book-running lead managers.
IPO proceeds and aims
In response to the Purple Herring Prospectus (RHP), Groww plans to make the most of Rs 152.5 crore from the recent problem for cloud infrastructure growth, Rs 225 crore for advertising and model constructing, Rs 205 crore to strengthen its NBFC arm GCS, and Rs 167.5 crore to scale its subsidiary GIT’s MTF enterprise. The stability funds can be allotted for potential acquisitions and common company functions.
Groww IPO: Must you apply? Anil Singhvi view
Zee Enterprise Managing Editor Anil Singhvi really useful traders to subscribe for each itemizing positive aspects and long-term funding, citing Groww’s sturdy fundamentals and management place in India’s broking market.
– Largest broking platform in India with round 26 per cent market share.
– Strong expertise infrastructure and younger, succesful promoters.
– Added practically 45 per cent new shoppers not too long ago.
– Restricted dependence on futures and choices, which shields it from expiry-driven volatility.
– Debt-free and profit-making firm with scalable expertise operations.
– Heavy reliance on retail broking enterprise.
– Unfavorable money stream in FY25.
– Valuations seem costly in contrast with friends like Angel One and Motilal Oswal.
– The IPO will shut later this week, with market watchers anticipating sturdy demand from retail and institutional traders alike.
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