Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that provides wealth creation opportunities to customers through multiple financial products and services.
The company offers platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Its mobile app is particularly popular among mutual fund investors.
Groww also offers value-added services such as Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions.
Business Model
Products & Services:
As of June 30, 2025, the company had 1415 employees.
Competitive Strengths:
Billionbrains Garage Ventures Ltd.’s revenue increased by 45% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 12,713.18 | 10,077.31 | 10,819.10 | 8,017.97 | 4,807.78 |
| Total Income | 948.47 | 4,061.65 | 1,047.58 | 2,795.99 | 1,260.96 |
| Profit After Tax | 378.37 | 1,824.37 | 338.01 | -805.45 | 457.72 |
| EBITDA | 418.75 | 2,371.01 | 482.66 | -780.88 | 398.78 |
| NET Worth | 5,995.45 | 4,855.35 | 2,886.28 | 2,542.64 | 3,316.75 |
| Reserves and Surplus | 5,506.78 | 3,251.92 | 2,821.41 | 2,477.76 | 4,445.63 |
| Total Borrowing | 324.08 | 351.99 | 117.66 | 24.06 | |
| Amount in ₹ Crore | |||||
The market capitalization of Groww IPO is ₹61735.97 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| RoNW | 37.57% |
| PAT Margin | 44.92% |
| EBITDA Margin | 59.11% |
| Price to Book Value | 11.76 |
| Market Capitalization | 61735.97 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.01 | 2.45 |
| P/E (x) | 33.26 | 40.79 |
The Company Billionbrains Garage Ventures IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Expenditure towards cloud infrastructure | 152.50 |
| 2 | Brand building and performance marketing activities | 225.00 |
| 3 | Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | 205.00 |
| 4 | Investment in one of the Material Subsidiaries, GIT, for funding its MTF business | 167.50 |
| 5 | Funding inorganic growth through unidentified acquisitions and general corporate purposes |
| IPO Date | November 4, 2025 to November 7, 2025 |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Issue Price Band | ₹95 to ₹100 per share |
| Lot Size | 150 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 66,32,30,051 shares (aggregating up to ₹6,632.30 Cr) |
| Fresh Issue | 10,60,00,000 shares (aggregating up to ₹1,060.00 Cr) |
| Offer for Sale | 55,72,30,051 shares of ₹2 (aggregating up to ₹5,572.30 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 6,06,75,96,631 shares |
| Share Holding Post Issue | 6,17,35,96,631 shares |
Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh are the promoters of the company.
| Share Holding Pre Issue | 28% |
| Share Holding Post Issue |
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As per our analysis and Based on the information we have, this is the output.
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