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GROWW
LISTEDInvestors can bid for minimum 150 shares and in multiples. The table shows min-max investment by Retail and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(min) | 1 | 150 | ₹15,000 |
Retail(max) | 13 | 1,950 | ₹1.95L |
SHNI(min) | 14 | 2,100 | ₹2.10L |
SHNI(max) | 66 | 9,900 | ₹9.90L |
BHNI(min) | 67 | 10,050 | ₹10.05L |
Note: Lot size is 150 shares at ₹100/share (₹₹15,000/lot).Limits: Retail ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Billionbrains Garage Ventures Limited (Groww) operates a leading digital investment and wealth management platform for retail customers, offering products such as mutual funds, stocks, ETFs, derivatives, and margin trading. The business is highly scalable, boasting a large and rapidly growing user base across India with deep penetration, particularly outside tier-1 cities. It has demonstrated strong revenue growth and robust profitability, marked by high operating leverage and technological innovation.[web:6][web:9][web:3][web:7]
The IPO offers high growth potential, strong brand, and robust financial metrics, with moderate premium on valuation and decent GMP. However, premium valuation, low subscripton numbers, and competitive/regulatory risks temper long-term prospects. Apply for listing gains only, with caution for long-term unless growth sustains and institutional sentiment picks up before closing.[web:7][web:3][web:4][web:9]
Analyst Notes: Automated research generated via Perplexity AI
Latest category-wise demand and applications received
| Category | Subscribed | Applications | Shares applied |
|---|---|---|---|
| RII | 9.43x | 29,48,698 / 4,42,153 | 62,54,21,250 |
| QIB | 22.02x | 5,453 / 19,89,69,015 | 4,38,03,79,950 |
| NII |
| 2,47,923 / 47,374 |
| 1,41,28,99,200 |
| └─bNII | 16.28x | 1,02,560 | 1,07,98,37,100 |
| └─sNII | 10.04x | 1,45,363 | 33,30,62,100 |