31 Mar 2023
Assets4,807.78
Total Income1,260.96
EBITDA398.78
Profit After Tax457.72
NET Worth3,316.75
Reserves and Surplus4,445.63
At a glance
Updated 2026-09-10Groww operates in the Stockbroking & AlliedIncorporated2017Billionbrains Garage Ventures Limited was segment. The shares listed at ₹112.00, a 12.00% move from the issue price. Groww is a Mainboard IPO with an issue size of ₹6,632.30 crore, proposed for listing on BSE, NSE. The offer opens on 4th Nov 2025 and closes on 7th Nov 2025. The issue structure includes a fresh issue of ₹1,060.00 crore and an offer-for-sale component of ₹5,572.30 crore. The current listing schedule points to 12th Nov 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹6,632.30 Cr
Fresh issue₹1,060.00 Cr
Offer for sale₹5,572.30 Cr
Face value₹2
Price band₹95.00–₹100.00
Allotment10th Nov 2025
Listing12th Nov 2025
Listing performance
Full performance ↗Issue price₹100.00
Listing price₹112.00
Current price—
Listing gain12.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper price5.00%
Est. listing₹105.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens4th Nov 2025
Closes7th Nov 2025
Allotment10th Nov 2025
Refund11th Nov 2025
Demat11th Nov 2025
Listing12th Nov 2025
Subscription demand
Full bidding ↗Total17.60×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 150 | ₹15,000 |
Company
SectorStockbroking & AlliedIncorporated2017Billionbrains Garage Ventures Limited was
Use of proceeds
| Object | Amount |
|---|---|
| Expenditure towards cloud infrastructure | ₹152.50 Cr |
| Brand building and performance marketing activities | ₹225.00 Cr |
| Investment in one of Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | ₹205.00 Cr |
| Investment in one of Material Subsidiaries, GIT, for funding its MTF business | ₹167.50 Cr |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ₹265.98 Cr |
| Issue Expenses | ₹269.79 Cr |
| Total | ₹1,285.78 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue948.47₹ Cr · -76.6% vs prior year
EBITDA418.75₹ Cr · -82.3% vs prior year
PAT378.37₹ Cr · -79.3% vs prior year
Assets12,713.18₹ Cr · +26.2% vs prior year
Net Worth5,995.45₹ Cr · +23.5% vs prior year
Borrowing324.08₹ Cr · -7.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets8,017.97
Total Income2,795.99
EBITDA-780.88
Profit After Tax-805.45
NET Worth2,542.64
Reserves and Surplus2,477.76
Total Borrowing24.06
30 Jun 2024
Assets10,819.10
Total Income1,047.58
EBITDA482.66
Profit After Tax338.01
NET Worth2,886.28
Reserves and Surplus2,821.41
Total Borrowing117.66
31 Mar 2025
Assets10,077.31
Total Income4,061.65
EBITDA2,371.01
Profit After Tax1,824.37
NET Worth4,855.35
Reserves and Surplus3,251.92
Total Borrowing351.99
30 Jun 2025
Assets12,713.18
Total Income948.47
EBITDA418.75
Profit After Tax378.37
NET Worth5,995.45
Reserves and Surplus5,506.78
Total Borrowing324.08
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| RoNW | 37.57% |
| PAT Margin | 44.92% |
| EBITDA Margin | 59.11% |
| Price to Book Value | 11.76 |
Valuation & shareholding
Pre-IPO EPS3.01
Post-IPO EPS2.45
Pre-IPO P/E33.26
Post-IPO P/E40.79
Promoter holding pre28.29%
Promoter holding post27.53%
Market cap₹61735.97 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Groww - Billionbrains Garage Ventures IPO | — | 40.79 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
| Onemi Technology IPO | — | 10.84 x | — | — |
| Pine Labs IPO | — | 1325.57 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Expenditure towards cloud infrastructure | ₹152.50 Cr |
| Brand building and performance marketing activities | ₹225.00 Cr |
| Investment in one of Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | ₹205.00 Cr |
| Investment in one of Material Subsidiaries, GIT, for funding its MTF business | ₹167.50 Cr |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes | ₹265.98 Cr |
| Issue Expenses | ₹269.79 Cr |
| Total | ₹1,285.78 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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