ListedMainboard

Billionbrains Garage Ventures Limited

GROWW4 Nov 2025 – 7 Nov 2025INE0HOQ01053
On listing day it
we hold no exchange bar dated on the listing date
Since then, against the issue price
+90.6%
₹190.59 on 21 Sept 2026

Against an issue price of ₹100. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹100
final issue price
Issue size
Lot size
150 sh
₹15,000 a lot
Listed on
12 Nov 2025
NSE
Now trading as GROWW — see its filed financials and price history →
Notes

Billionbrains Garage Ventures Limited was a mainboard initial public offer.

The book was open from 4 November 2025 to 7 November 2025.

The issue was priced at ₹100 a share, from a band of ₹95 to ₹100.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 12 November 2025.

The last official close on file is ₹191 (21 September 2026), which is 90.6% above the issue price.

It now trades as GROWW, and its filed financials are on its company page.

How it has done since listing
NSE close · 21 Sept 2026
Issue price
₹100
final issue price
Listing-day move
Now vs issue price
+90.6%
21 Sept 2026
Since first close

Shares sold in the issue at ₹100 last closed at ₹190.59.

See GROWW’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Issue price
₹100
face value ₹2
Lot size
150 sh
₹15,000 a lot
Registrar
MUFG Intime India Private Limited
Lead managers
  • Kotak Mahindra Capital Company Limited
  • J.P. Morgan India Private Limited
  • Citigroup Global Markets India Private Limited
  • Axis Capital Limited
  • Motilal Oswal Investment Advisors Limited
What happens when
4-day book
  1. Bidding opens4 Nov 2025
  2. Bidding closes7 Nov 2025
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing12 Nov 2025
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    12 Dec 2025
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    10 Feb 2026
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    12 May 2026
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    12 May 2027
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set
as printed in the prospectus

Every offer document must set out the reasoning behind its own price: what the company earned in the years before it came to market, and what multiple of those earnings it is asking for. This is that chapter — the issuer’s argument for its price, not our assessment of it.

Asking, at the top of the band
The issuer's chosen peers
Earnings the price leans on

Figures as printed in the offer document's "Basis for Offer Price" chapter. A record of the case the issuer made for its own price, not our valuation of it.

Restated financials

Everything we extracted from this issue's offer document is the pricing justification rather than the restated statements — it is shown under how the offer was priced. The restated financial statements themselves have not been extracted for this issue.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
360 ONE WAM LIMITED45.214.4%
Angel One Limited19.820.9%
Interactive Brokers Group, Inc.1not in our universe38.817.6%
Motilal Oswal Financial Services Limited24.922.6%
Nordnet AB (publ)not in our universe25.635.5%
Nuvama Wealth Management Limited26.928.2%
Prudent Corporate Advisory Services Limited58.929.3%
Robinhood Markets, Inc.not in our universe86.117.7%
The issuer’s own figures, as it printed them
EPS
₹3.34
NAV per share
₹8.89
Return on net worth
37.57%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Axis Capital Limited
20212026
85
18 measurable
+11.7%
Citigroup Global Markets
20222026
25
2 measurable
+1.2%
J. P. Morgan India Private Limited
20222026
23
4 measurable
+2.6%
Kotak Mahindra Capital Company
20212026
64
15 measurable
+16.6%
Motilal Oswal Investment Advisors Limited
20222026
40
8 measurable
+22.8%
Registrar
FirmIssuesTypical listing move
Mufg Intime India Private Limited
20252026
77
18 measurable
+17.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Read the offer documents
4 filed

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.