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2h agoGroww parent’s IPO off to strong anchor start as subscriptions open
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
positive
2h agoGroww parent’s IPO off to strong anchor start as subscriptions open
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
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Groww parent’s IPO off to strong anchor start as subscriptions open
about 3 hours ago
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Groww parent secures ~₹2,985cr via anchors as its ₹6,632cr IPO opens; retail interest is building slowly.
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
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ipo
groww
ipo
groww
anchors
capital markets
india
Nov 5, 2025 • 19:26 IST
