IPO 2025 · Fintech
Groww (Billionbrains Garage Ventures) IPO: issue price, listing date and listing gain
Priced at 100 rupees, listed about 30.93% above its 100 rupee issue price on 12 November 2025. The verified listing record and the desk read.
The listing record
Groww (Billionbrains Garage Ventures) priced its IPO at 100 rupees per share and listed about 30.93% above its 100 rupee issue price on 12 November 2025, raising about 6,632 crore rupees. BazaarBaazi scores the debut at an IPO Scorecard of 67/100 (a strong listing). It is editorial framing, not investment advice.
BazaarBaaziSource & method
The offer
Billionbrains Garage Ventures, the parent of the Groww investment platform, raised 6,632 crore rupees at an issue price of 100 rupees per share, listing on BSE and NSE on 12 November 2025. Groww became one of India's largest new-age fintech listings of the year, bringing a platform that has brought millions of first-time investors into equities, mutual funds, and fixed deposits to the public market.
The IPO was predominantly an offer for sale of existing shares by early investors, with a smaller fresh issue component. The subscription was strong at 17.60 times overall, with qualified institutional buyers subscribing 22 times. The retail and NII portions also saw robust demand, validating appetite for a listed fintech platform that owns the customer relationship in the new-investor segment.
Groww's pitch is structural: the India retail-investor ecosystem is early. Mutual fund SIP counts, demat account openings, and the shift from bank deposits to market-linked products are all multi-year tailwinds for a platform embedded at the point where Indians first invest.
The listing and the read
Groww listed on 12 November 2025 at 114 rupees on NSE, a 14 percent premium over the issue price, and closed the debut day at 130.94 rupees, a gain of 30.93 percent over the 100 rupee issue price. The intraday move from 114 to 130.94 signalled that demand was deeper than the opening print showed: buyers kept accumulating through the session.
BazaarBaazi reads a fintech platform IPO on customer acquisition quality, take-rate, and the stickiness of assets on the platform. Groww is not a trade: it is a bet on whether the platform that first-time Indian investors opened their demat account on becomes the one they stick with as their wealth grows. That is the durable story. The listing pop is the market's opening sentiment; the compounding is the thesis. Editorial framing, not investment advice.
The verified record
The hard, cross-checked facts of the listing.
Listing-day figures are verified against public IPO records. Post-listing prices move daily and are not shown here; this page is the durable record of how Groww (Billionbrains Garage Ventures) came to market, not a live quote.
FAQ4 reader questions · AEO-eligible
Common questions on the Groww (Billionbrains Garage Ventures) IPO.
What was the Groww IPO issue price?
Groww (Billionbrains Garage Ventures) priced its IPO at 100 rupees per share and raised 6,632 crore rupees, one of the largest fintech listings of 2025.
How did Groww list?
Groww listed on 12 November 2025 at 114 rupees, a 14 percent opening premium, and closed its debut day at 130.94 rupees, a gain of 30.93 percent over the 100 rupee issue price.
What does Groww do?
Groww is a retail investment platform that lets users invest in stocks, mutual funds, fixed deposits, and other instruments. It became one of India's most widely used platforms for first-time investors, particularly in the mutual fund SIP and direct-equity segments.
Is Groww profitable?
Like many new-age fintech platforms, Groww is valued on the growth of its active user base, the assets on the platform, and its take-rate trajectory rather than on near-term profitability. The structural thesis is the long-run shift of Indian household savings into market-linked instruments.
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