Description

NSE announces the listing of Groww (Billionbrains Garage Ventures Limited) equity shares on the Capital Market segment effective November 12, 2025, following their IPO at Rs. 100 per share.

Summary

National Stock Exchange of India has approved the listing of equity shares of Billionbrains Garage Ventures Limited (trading symbol: GROWW) on the Capital Market segment effective November 12, 2025. The company issued 6,173,596,631 equity shares of Rs. 2/- each at an issue price of Rs. 100/- per share through an Initial Public Offering (IPO).

Key Points

  • Trading Symbol: GROWW
  • ISIN: INE0HOQ01053
  • Face Value: Rs. 2/- per share
  • Issue Price: Rs. 100/- per share
  • Total Shares Issued: 6,173,596,631 equity shares
  • Market Lot: 1 share
  • Listing Date: November 12, 2025
  • Series: EQ (Equity)
  • Pre-open Session: Applicable for IPO category as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012

Company Details

Registered Office: Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No. 16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bengaluru 560 103, Karnataka

Company Secretary: Mr. Roshan Bhanuprakash Dave

Registrar: MUFG Intime India Private Limited (Formerly Link intime India Private Limited)

  • Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
  • Contact: +91 810 811 4949
  • Email: groww.ipo@in.mpms.mufg.com

Financial Year: April 2025 - March 2026

Lock-in Details

The shareholding includes multiple tranches with varying lock-in periods:

  • Lock-in expiry dates range from December 9, 2025 to May 11, 2027
  • Certain shares are free from lock-in restrictions
  • Lock-in periods of 1 year and 2 years apply to different share blocks as per regulatory requirements

Regulatory Changes

None. This circular notifies the admission of new securities to trading under existing regulations:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A

Compliance Requirements

  • Members must identify the security by its designated code (GROWW) and ISIN (INE0HOQ01053) for trading purposes
  • Trading must be conducted in the specified market lot size of 1 share
  • The security will participate in the pre-open session for IPO category as per SEBI guidelines
  • All trading members must update their systems to recognize the new listing

Important Dates

  • Circular Issue Date: November 11, 2025
  • Effective Date: November 12, 2025
  • Trading Commencement: November 12, 2025
  • First Lock-in Expiry: December 9, 2025
  • Subsequent Lock-in Expiries: February 7, 2026; May 11, 2026; May 11, 2027

Impact Assessment

Market Impact: High - This is a significant listing of a major fintech platform (Groww) with over 6.17 billion shares being admitted to trading. Given Groww’s prominent position in the Indian investment and trading ecosystem, this listing is expected to generate substantial trading interest and liquidity.

Operational Impact: Medium - Trading members need to update their systems to accommodate the new security code and ensure compliance with pre-open session requirements for IPO category securities.

Investor Impact: High - The listing provides public market access to shares of a widely-used fintech platform, offering investment opportunities to retail and institutional investors. The staggered lock-in periods indicate a phased release of promoter and investor holdings over the next 1-2 years.

Impact Justification

Major IPO listing of Groww, a prominent fintech platform with 6.17 billion shares being listed. High market interest expected given the company's market position.