04 Nov 2025 | 3 Mins Read
Groww IPO sees lukewarm response, retail portion booked well
Flipitmoney
Groww's Rs 6,632.30-crore IPO was subscribed 10% on the first day, driven by retail and non-institutional investor demand. The parent company, Billionbrains Garage Ventures Pvt Ltd, raised Rs 2,984 crore from anchor investors ahead of the issue. The IPO has a price band of Rs 95-100 per share and aims for a valuation of over Rs 61,700 crore.