Company Profile
Originally incorporated -9 January 2018.
Bengaluru-based
public limited company was issued on 11 April 2025
₹114 on BSE (14% premium to IPO)
₹112 on NSE (12% premium).
traded around ~₹120.74 on BSE during the first day
reported ₹4,061.65 crore in revenue and ₹1,824.37 crore in net profit.
Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No. 16/1 & 17/2, Ambalipura Village,
Varthur Hobli, Bellandur, Bengaluru, Karnataka – 560103
Operates Groww, a digital retail investing platform (TRADING PLATFORM)
Provides a range of financial products: mutual funds, stocks (including IPOs),
derivatives, bonds.
offers margin trading facility and personal loans via partnerships with banks / NBFCs
Engaged in software design, development, maintenance, and technology consultancy.
There was a Scheme of Amalgamation, approved by NCLT (Bengaluru Bench) on 28
March 2024, under which Groww Inc. (its former holding company) was merged into
Billionbrains Garage Ventures.
After the merger, the company -status to public and renamed itself to “Billionbrains
Garage Ventures Limited.
holding company behind Groww, one of India’s leading fintech investment platforms.
Founders
Lalit Keshre, Harsh Jain, Ishan Bansal, Neeraj Singh
Leadership (board): includes CEO Lalit Keshre, COO Harsh Jain, CFO Ishan Bansal, CTO Neeraj
Singh.
FY 2024–25 (year ended March 31, 2025):
Standalone revenue: ₹29,101.86 million (~₹2,910.19 Cr)
Standalone Profit After Tax (PAT): ₹14,915.61 million (~₹1,491.56 Cr) for that year.
On a consolidated basis: total revenues ~₹40,609.46 million, PAT ~₹18,241.61 million
IPO (Initial Public Offering)
Billionbrains Garage Ventures (Groww) launched an IPO:
o IPO Size: ~₹6,632.30 crore. ,
Fresh Issue: ₹1,060 crore.
Offer for Sale (OFS): ₹5,572.30 crore.
o Price Band: ₹95–₹100 per equity share.
o IPO Timing: Opened on 4 Nov 2025, closed on 7 Nov 2025.
o Lot Size: 150 shares.
o Listing Date: 12 Nov 2025 (per some sources).
Pre-IPO anchor book: raised ~₹2,984.54 crore from 102 anchor investors..
Broad financial product range: not just mutual funds but also equities, IPOs, derivatives
→ diversification of revenue.
Growth sustainability: High growth in users/income is good, but maintaining profitability,
especially after IPO, will be key.
has gone public via a large IPO3
1. Market Cap- ₹ 97,926 Cr.
2. Current Price- ₹ 159
3. High / Low- ₹ 194 / 112
4. Stock P/E- 53.6
5. Dividend Yield- 0.00 %
6. ROCE- 62.6 %
7. ROE- 49.9 %
8. Face Value- ₹ 2.00
Major Recent Developments
Q2 FY26 Results
12% YoY rise in profit quarter ending September 2025- ₹471.33 crore vs ₹420.16
crore earlier.)
The IPO (Groww / Billionbrains) was subscribed 17.60×
Qualified Institutional Buyers subscribed 22.02×
Non-Institutional Investors: 14.20×
Retail: 9.43×
Post-IPO Market Cap Surge
market cap is closing in on ₹1 lakh crore
raised ~₹ 2,984.5 crore from 102 anchor investors before IPO.
fresh issue part (money raised newly) - used for: cloud infrastructure (~₹152.5 cr),
brand building and marketing (~₹225 cr), capital for its NBFC subsidiary, and funding
its margin-trading business.
Market Volatility & Trading Issues
settlement crunch: more than 30 lakh Groww shares moved into auction window on the
NSE, indicating short-sellers failed to deliver.
Shares hit a 10% lower circuit after a rapid post-listing rally (~90% from IPO), suggesting
some profit-booking and valuation concerns.
Post-IPO Price Movement
stock saw a rally: per Moneycontrol, it rose over 8% in one session and was ~85% above
the IPO price at ₹189
Others
1. Also offers margin trading (MTF) and personal loans via its NBFC subsidiary
2.
