Groww's Rs 6,632 Crore IPO Achieves 1.64 Times Subscription: India's Largest Stockbroker Heading for November 12 Market Debut

Nov 06, 2025 09:44 pm CST

Billionbrains Garage Ventures, parent of India's largest stockbroker Groww, has seen its Rs 6,632 crore IPO subscribed 1.64 times on its second day. With strong retail investor interest at 5.02 times subscription, the company backed by Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella targets a USD 7 billion valuation ahead of its November 12 market debut.