Tuesday, Nov 18 — Shares of Billionbrains Garage Ventures Ltd (Groww) traded 8% higher at Rs 188, extending their strong post-listing momentum, as the company announced the schedule for its September-quarter financial results. In an exchange filing, the company said its Board of Directors will meet on Friday, November 21, 2025, to consider and approve its unaudited standalone and consolidated results for Q2 and the half year ended September 30, 2025.
Recent Listing and Market Performance
The stock has surged sharply since its market debut last week. Billionbrains Garage Ventures listed on Wednesday, November 12, at a 14% premium on the BSE with a listing price of Rs 114 against the issue price of Rs 100. On the NSE, the shares debuted at Rs 112, a 12% premium.
During the listing session, the stock further climbed to Rs 119.52 on the BSE and Rs 118.92 on the NSE. The upward trend continued in subsequent sessions, with the stock rising 20% on Monday, November 17, to hit Rs 178.23, its upper circuit on the NSE.
With the sustained rally, the company’s market capitalisation crossed the Rs 1 lakh crore mark, and the stock has now advanced 78.23% over its issue price.
IPO Details
Groww’s IPO, priced in the range of Rs 95–100 per share, comprised a fresh issue of Rs 1,060 crore and an offer-for-sale (OFS) of Rs 5,572.30 crore by existing shareholders. The public issue saw strong investor interest, being subscribed 17.60 times during the three-day bidding window.
Under the OFS, several investors, including YC Holdings II, Peak XV Partners Investments VI-1, Internet Fund VI Pte Ltd, Sequoia Capital Global Growth Fund III, Ribbit Capital V, Propel Venture Partners Global US, and others, sold part of their stake.
Growth Metrics and Market View
According to news reports, analysts noted that Groww’s listing performance was slightly above expectations. They highlighted the company’s fast customer addition, with over 10 crore registered users, strong brand recall in the retail investing segment, growing presence in F&O and mutual fund distribution, and a digital model with low incremental costs.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
