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3h agoDigital Investing Platform Groww Opens Rs 6,632 Crore IPO; Subscriptions at 57% on Day 1
Groww’s parent company, Billionbrains Garage Ventures, launched its IPO today with a price band of ₹95-₹100 per share for the ₹6,632 crore issue. On its first day of subscription, the issue saw 57% bid participation with retail segments showing 1.85 times subscription. The offering comprises a fresh issue of ₹1,060 crore and an OFS of ~₹5,572 crore by existing shareholders. The allotment is expected on November 10 and listing on November 12, marking one of India’s most-watched fintech public issues this year.
positive
3h agoDigital Investing Platform Groww Opens Rs 6,632 Crore IPO; Subscriptions at 57% on Day 1
Groww’s parent company, Billionbrains Garage Ventures, launched its IPO today with a price band of ₹95-₹100 per share for the ₹6,632 crore issue. On its first day of subscription, the issue saw 57% bid participation with retail segments showing 1.85 times subscription. The offering comprises a fresh issue of ₹1,060 crore and an OFS of ~₹5,572 crore by existing shareholders. The allotment is expected on November 10 and listing on November 12, marking one of India’s most-watched fintech public issues this year.
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Digital Investing Platform Groww Opens Rs 6,632 Crore IPO; Subscriptions at 57% on Day 1
about 3 hours ago
1 min read
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Groww IPO opens with ₹6,632 cr issue and 57% subscription on Day 1, ahead of listing next week.
Groww’s parent company, Billionbrains Garage Ventures, launched its IPO today with a price band of ₹95-₹100 per share for the ₹6,632 crore issue. On its first day of subscription, the issue saw 57% bid participation with retail segments showing 1.85 times subscription. The offering comprises a fresh issue of ₹1,060 crore and an OFS of ~₹5,572 crore by existing shareholders. The allotment is expected on November 10 and listing on November 12, marking one of India’s most-watched fintech public issues this year.
Groww’s parent company, Billionbrains Garage Ventures, launched its IPO today with a price band of ₹95-₹100 per share for the ₹6,632 crore issue. On its first day of subscription, the issue saw 57% bid participation with retail segments showing 1.85 times subscription. The offering comprises a fresh issue of ₹1,060 crore and an OFS of ~₹5,572 crore by existing shareholders. The allotment is expected on November 10 and listing on November 12, marking one of India’s most-watched fintech public issues this year.
Companies:
Groww
Billionbrains Garage Ventures
Tags:
ipo
india
ipo
india
fintech
groww
public issue
Nov 4, 2025 • 13:16 IST