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15 Days Price Change

Billionbrains Garage IPO

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WEBSITE Inc. Year: 2018 Industry: Fintech Listed Page

Profile
Issue Size 3647.77 Cr
Profile
Price Range 95  to  100 per share
Profile
Min Investment ₹100
Profile
Lot Size 1
Profile
Face Value ₹2
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Unless otherwise indicated, industry and market data used in this section have been derived from the report titled “Report on Investment and Wealth Management Industry in India” dated September 7, 2025 (the “Redseer Report”) prepared and issued by Redseer Strategy Consultants Private Limited (“Redseer”), which has been commissioned by and paid for by our Company exclusively in connection with the Offer for the purposes of confirming our understanding of the industry in which we operate. The data included herein includes excerpts from the Redseer Report and may have been re-ordered by us for the purposes of presentation. The Redseer Report will form part of the material documents for inspection and a copy of the Redseer Report is available on the website of our Company at https://groww.in/investor-relations. Unless otherwise indicated, operational, industry and other related information included herein with respect to any particular year refers to such information for the relevant fiscal year. For further details, see “Risk Factors – 48. Certain sections of this UDRHP-I contain information from the Redseer Report which has been exclusively commissioned and paid for by us in relation to the Offer and any reliance on such information for making an investment decision in this Offer is subject to inherent risks” on page 72. Our fiscal year commences on April 1 and ends on March 31, and references to a particular fiscal year are to the 12 months ended March 31 of that year.We are a direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services. We are India’s largest and fastest growing investment platform by active users on NSE as of June 30, 2025. With Groww, customers can invest and trade in stocks (including via IPOs), derivatives, bonds, mutual funds (including Groww Mutual Fund) and other products. They can also avail margin trading facility and personal loans. Using the Groww app or website, customers can access tools, information and market insights across our products and services and build their investment and trading strategies. We provide customers a friendly design and deploy an in-house technology platform to enhance the investing experience. Read More

Basic Info

Face Value 2 per share

Price 95  to  100 per share

P/E (x) 30.3

Sales( Cr.) 3902

PAT( Cr.) 1824

EPS 3.3

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Lalit Keshre Harsh Jain Ishan Bansal Neeraj Singh

Pre Issue Share Holding 27.96%

Post Issue Share Holding 27.81%

Listing Details:

Listing Price: 114

Listing Gain: 12.28%

Current Price: 184.9

Gain On Issue: 184.9 | 0%

GMP: 5

GMP %: 5 %

IPO Tentative Timetable

Opening Date Nov 04, 2025
Closing Date Nov 07, 2025
Allotment Nov 10, 2025
Refund Nov 11, 2025
Delivery of Shares Nov 11, 2025
Listing Date Nov 12, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 150 15,000
Retail (Max) 13 1950 195,000
S-HNI (Min) 14 2100 210,000
S-HNI (Max) 66 9900 990,000
B-HNI (Min) 67 10050 1,005,000

Objective of the Issue

1. Expenditure towards cloud infrastructure 2. Brand building and performance marketing activities 3. Investment in one of our Material Subsidiaries, Groww Creditserv Technology Private Limited (“GCS”), a non-banking financial company (“NBFC”), for augmenting its capital base 4. Investment in one of our Material Subsidiaries, Groww Invest Tech Private Limited (“GIT”), for funding its margin trading facility (“MTF”) business 5. Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 198969016 4380379950 22x
NII 99484507 1412899200 14.2x
Retail 66323005 625421250 9.4x
EMP 0 0 0x
Total 364776528 6418700400 17.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Billionbrains Garage Profit & Loss

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1142 2609 3902
Other Income 119 187 160
Total Income 1261 2796 4062
Total Expenditure 743 2044 1529
Operating Profit 518 752 2532
Interest 2 4 43
Depreciation 12 20 25
Exceptional Income / Expenses 0 -1340 0
Profit Before Tax 504 -618 2464
Provision for Tax 46 187 639
Profit After Tax 458 -805 1824
Adjustments -0 1 0
Profit After Adjustments 458 -805 1824
Adjusted Earnings Per Share 2.6 -4.5 8.7

Billionbrains Garage Balance Sheet

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3317 2543 4855
Minority's Interest 0 0 0
Borrowings 0 0 211
Other Non-Current Liabilities 24 82 3
Total Current Liabilities 1467 5349 4992
Total Liabilities 4807 7974 10061
Fixed Assets 321 396 402
Other Non-Current Assets 473 1196 1033
Total Current Assets 4013 6382 8627
Total Assets 4807 7974 10061

Billionbrains Garage Cash Flow

#(Fig in Cr.) Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 150 329 308
Cash Flow from Operating Activities 548 885 -962
Cash Flow from Investing Activities -371 -911 140
Cash Flow from Financing Activities -5 4 876
Net Cash Inflow / Outflow 172 -22 53
Closing Cash & Cash Equivalent 329 308 361

Billionbrains Garage Ratios

# Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.57 -4.5 8.68
CEPS(Rs) 2.64 -4.39 8.79
DPS(Rs) 0 0 0
Book NAV/Share(Rs) 17.59 13.07 21.92
Core EBITDA Margin(%) 34.93 21.67 60.8
EBIT Margin(%) 44.32 -23.54 64.24
Pre Tax Margin(%) 44.14 -23.7 63.15
PAT Margin (%) 40.1 -30.87 46.76
Cash Profit Margin (%) 41.17 -30.1 47.39
ROA(%) 9.52 -12.6 20.23
ROE(%) 14.6 -29.43 52.52
ROCE(%) 15.25 -20.88 62.92
Receivable days 11.58 7.39 7.77
Inventory Days 0 0 0
Payable days 0 0 0
PER(x) 0 0 0
Price/Book(x) 0 0 0
Dividend Yield(%) 0 0 0
EV/Net Sales(x) -1.4 -1.38 -0.85
EV/Core EBITDA(x) -3.08 -4.78 -1.3
Net Sales Growth(%) 0 128.58 49.53
EBIT Growth(%) 0 -221.42 508.01
PAT Growth(%) 0 -275.97 326.5
EPS Growth(%) 0 -275.27 292.78
Debt/Equity(x) 0 0.01 0.12
Current Ratio(x) 2.74 1.19 1.73
Quick Ratio(x) 2.74 1.19 1.73
Interest Cover(x) 244.17 -146.33 58.9
Total Debt/Mcap(x) 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 50% 0% 0% 0%
Operating Profit CAGR 237% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 53% 13% 13% 13%
ROCE Average 63% 19% 19% 19%

Company Contact Information

Billionbrains Garage Ventures Ltd.

Roshan Bhanuprakash Dave

91 80 6960 1300

corp.secretarial@groww.in

Vaishnavi Tech Park, South Tower, 3rd Floor Survey No. 16/1 And 17/2, Ambalipura Village Varthur Hobli, Bellandur

IPO Lead Manager(s)

Billionbrains Garage Ventures Ltd.

Kotak Mahindra Capital Co Ltd

JP Morgan India Pvt Ltd

Citigroup Global Markets India Pvt Ltd.

Axis Capital Ltd.

Motilal Oswal Investment Advisors Pvt Ltd

Registrar Info

Billionbrains Garage Ventures Ltd.

MUFG Intime India Pvt Ltd.

C 101, 247 Park, LBS Marg, Vikhroli (W), Mumbai (Old Address:) C-13 Pannalal Silk Compound, L B S Marg, Bhandup Mumbai Maharashtra

+91 810 811 8484

91-022-49186060

rnt.helpdesk@in.mpms.mufg.com

https://in.mpms.mufg.com/

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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