Billionbrains Garage Ventures Ltd

Roughly 14.92 crore shares, amounting to about 2% of the company's outstanding equity, are now eligible for trading following the expiry of the lock-in, according to media reports. At the previous close of Rs 149.70 on the BSE, the newly unlocked shares are cumulatively valued at around Rs 2,233 crore. The lock-in expiry does not automatically mean these shares will be sold, only that holders are now free to trade them. Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, made a strong debut on 12 November 2025, listing at Rs 114 on the BSE, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. The IPO, priced between Rs 95 and 100, was subscribed 17.60 times and included a fresh issue of Rs 1,060 crore and an offer for sale of Rs 5,572.30 crore. It went on to rally nearly 94% in its first five sessions, touching an all-time high of Rs 193.91 on 18 November 2025. Since hitting that peak, the stock has corrected 26.36%. Even so, it remains 42.80% above its issue price and 26.26% higher than its listing price. The company's market capitalisation currently stands above Rs 88,158.96 crore on the BSE. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management. The company's consolidated net profit jumped 12.18% to Rs 471.33 crore despite a 9.48% decline in revenue from operations to Rs 1,018.74 crore in Q2 FY26 over Q2 FY25. On quarter on quarter (QoQ) basis, the company's consolidated net profit and revenue from operations climbed 24.57% and 12.64% in Q2 FY26. Powered by Capital Market - Live

Net profit of Billionbrains Garage Ventures rose 12.18% to Rs 471.34 crore in the quarter ended September 2025 as against Rs 420.16 crore during the previous quarter ended September 2024. Sales declined 9.48% to Rs 1018.74 crore in the quarter ended September 2025 as against Rs 1125.39 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1018.741125.39 -9 OPM %59.2348.89 - PBDT644.48576.24 12 PBT637.68569.99 12 NP471.34420.16 12 Powered by Capital Market - Live

On quarter on quarter (QoQ) basis, the company's consolidated net profit and revenue from operations climbed 24.57% and 12.64% in Q2 FY26. Profit before tax (PBT) climbed 26.73% QoQ to Rs 637.67 crore in Q2 FY26. Adjusted EBITDA stood at Rs 624.1 crore in Q2 FY26, down 13.04% QoQ and 23.05% YoY. Total transacting users reached 19 million, marking a growth of 5% QoQ and 27% YoY. Active Users grew 3.2% QoQ led by growth in new user acquisition supported by higher new users additions and broader engagement across multiple products. Of the 13% sequential rise in revenue, 4.5% was driven by newly acquired users, with the balance contributed by existing users. Providing an update on the acquisition of Fisdom (Finwizard Technology), the company said it completed the transaction in October 2025. While the Q2 FY26 balance sheet reflects the consolidation, the impact on the consolidated profit and loss statement will be visible from Q3 FY26. Fisdom reported revenue of Rs 166.3 crore in the previous year. Shares of Billionbrains Garage Ventures (Groww) debuted on stock exchanges on 12 November 2025. The counter listed at Rs 114, representing a premium of 30.93% over the issue price of Rs 100. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management.Powered by Capital Market - Live

The slide came after almost 94% surge over its IPO price of Rs 100, with the stock touching a record high of Rs 193.91 on Tuesday, 18 November 2025, and reaching a market capitalisation of about Rs 1.19 lakh crore. The stock's recent surge was driven by a classic short squeeze. Many traders had short sold the shares expecting a pullback, but the price kept rising instead. With only about 7% of shares available for trading and the rest locked in from IPO investors, demand outstripped supply and forced short sellers to buy back shares at higher prices. As some were unable to deliver shares at settlement, more than 30 lakh shares reportedly moved into the auction window, adding to the squeeze. Groww made a strong debut on 12 November 2025, listing at Rs 114, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. The IPO, priced between Rs 95 and 100, was subscribed 17.60 times and included a fresh issue of Rs 1,060 crore and an offer for sale of Rs 5,572.30 crore. From the fresh capital, Groww plans to invest in cloud infrastructure, marketing, its NBFC arm Groww Creditserv Technology, and the margin trading facility of Groww Invest Tech, with the remainder earmarked for corporate purposes and acquisitions. Founded in 2018, Groww has grown into a full scale digital investment platform offering stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, manages 37 million demat accounts and oversees Rs 2.6 lakh crore in assets. For the six months ended 31 March 2025, the company reported a consolidated net profit of Rs 378.99 crore on operating income of Rs 904.40 crore. Powered by Capital Market - Live

Billionbrains Garage Ventures will hold a meeting of the Board of Directors of the Company on 21 November 2025.Powered by Capital Market - Live

The stock now trades 68.36% above its IPO price of Rs 100, underscoring sustained investor appetite following its debut. Groww made a strong market entry on 12 November 2025, listing at Rs 114, a 14% premium to the issue price. It closed Day 1 at Rs 130.94, reflecting a 30.93% gain. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times. The issue ran from 4 November to 7 November with a price band of Rs 95 to 100. The offering included a fresh issue of Rs 1,060 crore and an offer-for-sale of Rs 5,572.30 crore of shares from investor selling shareholders. From the fresh proceeds, Groww plans to allocate Rs 152.5 crore to cloud infrastructure, Rs 225 crore to brand building and performance marketing, Rs 205 crore to bolster the capital base of its NBFC arm Groww Creditserv Technology, and Rs 167.5 crore to support the margin trading facility business of Groww Invest Tech. The remaining funds will be directed towards general corporate purposes and future acquisitions. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management. For the six months ended 31 March 2025, the company reported a consolidated net profit of Rs 378.99 crore and operating income of Rs 904.40 crore. Powered by Capital Market - Live

The stock is now trading 45% above its IPO price of Rs 100. Groww had listed on Wednesday (12 November) at Rs 114, opening at a 14% premium. It ended that session at Rs 130.94 on the BSE, reflecting a premium of 30.93% over the issue price. Strong investor interest had already been evident during the IPO, which was subscribed 17.60 times. The issue ran from 4 November to 7 November with a price band of Rs 95 to 100. The offering included a fresh issue of Rs 1,060 crore and an offer-for-sale of Rs 5,572.30 crore of shares from investor selling shareholders. From the fresh proceeds, Groww plans to allocate Rs 152.5 crore to cloud infrastructure, Rs 225 crore to brand building and performance marketing, Rs 205 crore to bolster the capital base of its NBFC arm Groww Creditserv Technology, and Rs 167.5 crore to support the margin trading facility business of Groww Invest Tech. The remaining funds will be directed towards general corporate purposes and future acquisitions. Groww has built a sizeable footprint since its launch in 2018, emerging as a full-stack digital investment platform with offerings across stocks, mutual funds, derivatives and loans. It serves customers across 98% of Indian pin codes, operates 37 million demat accounts and oversees Rs 2.6 lakh crore in AUM through subsidiaries spanning broking, lending and asset management. For the six months ended 31 March 2025, the company reported a consolidated net profit of Rs 378.99 crore and operating income of Rs 904.40 crore. Powered by Capital Market - Live

The stock was listed at Rs 114, exhibiting a premium of 14% to the issue price. So far, the stock has hit a high of 120.92 and a low of 112.02. On the BSE, over 192.06 lakh shares of the company were traded in the counter so far. The initial public offer of Billionbrains Garage Ventures (Groww) was subscribed 17.60 times. The issue opened for bidding on 4 November 2025 and it closed on 7 November 2025. The price band of the IPO is fixed between Rs 95 and 100 per share. The IPO comprised a fresh issue of Rs 1,060 crore, with 11.16 crore shares at Rs 95 and 10.6 crore shares at Rs 100 per share. The issue also comprised offer for sale of 55.723 crore equity share from investor selling share to raise Rs 5,293.7-5,572.3 crore Out of the net proceeds from the fresh issue, the company plans to allocate Rs 152.5 crore towards cloud infrastructure expenditure and Rs 225 crore for brand building and performance marketing activities. It also intends to invest Rs 205 crore in its subsidiary Groww Creditserv Technology (NBFC) to strengthen its capital base and Rs 167.5 crore in Groww Invest Tech to fund its margin trading facility (MTF) business. The balance proceeds, after meeting general corporate purposes and IPO-related expenses, will be used to finance inorganic growth opportunities through potential acquisitions. Additionally, the company expects that listing its equity shares on the stock exchanges will enhance its brand visibility and create a public market for its equity shares in India. Billionbrains Garage Ventures (Groww)'India's leading digital investment platform offering stocks, mutual funds, F&O, and loans. Founded in 2018, Groww has expanded rapidly with 37 million demat accounts, Rs 2.6 lakh crore in AUM, and users across 98% of Indian pin codes. Its key subsidiaries include Groww Invest Tech, Groww Creditserv NBFC, and Groww AMC, enabling a full-stack presence across investing, lending, and asset management. Ahead of the IPO, Billionbrains Garage Ventures (Groww), on 3 November 2025, raised Rs 2,984.53 crore from anchor investors. The board allotted 29.84 crore shares at Rs 100 each to 102 anchor investors. The firm reported a consolidated net profit of Rs 378.99 crore and an income from operations of Rs 904.40 crore for the six months ended on 31 March 2025.Powered by Capital Market - Live

The equity shares of Billionbrains Garage Ventures (Scrip Code: 544603) are listed effective 12 November 2025 and admitted to dealings on the Exchange in the list of ''B'' Group Securities. At 09:38 IST, the pre-open indicative price of the stock was at Rs 112, a premium to the offer price of Rs 100. Powered by Capital Market - Live