positive
6 days agoGroww parent’s IPO off to strong anchor start as subscriptions open
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
positive
6 days agoGroww parent’s IPO off to strong anchor start as subscriptions open
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
6 days ago
1 min read
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Groww parent secures ~₹2,985cr via anchors as its ₹6,632cr IPO opens; retail interest is building slowly.
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
Billionbrains Garage Ventures, Groww’s parent, has raised nearly ₹2,985 crore through anchor allocations ahead of its ₹6,632-crore IPO opening. The book attracted more than 100 institutional anchors, signalling solid institutional interest even as retail bids trickle in. The offering mixes fresh capital and an offer-for-sale by shareholders; bankers say listing performance will hinge on perceived path to profits, margin expansion and subscription velocity. With multiple fintech listings in the calendar, subscription pace, anchor lock-ins and grey market premium will determine pricing and listing gains.
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ipo
groww
ipo
groww
anchors
capital markets
india
Nov 5, 2025 • 19:26 IST