₹ 6,632 Cr IPO of Billionbrains Garage Ventures Ltd (parent of Groww) Allotment Status Finalised; Here’s How Indian Investors Can Check

The basis of allotment for the much-anticipated IPO of Billionbrains Garage Ventures Ltd (the parent company of online investing platform Groww) has been finalised. Investors who applied in the IPO can now verify whether their application has been allotted shares ahead of the stock’s listing on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).

Key facts & timeline

• The IPO opened for subscription from 4 November 2025 and closed on 7 November 2025.
• The issue size is approximately ₹ 6,632.3 crore.
• The price band was set at ₹ 95 to ₹ 100 per share.
• Basis of allotment was finalised on 10 November 2025.
• Shares are expected to be credited to successful applicants’ demat accounts by 11 November 2025 and the listing is expected on 12 November 2025.

How to check your allotment status on BSE

Investors can verify their allotment status via the BSE portal using the following steps:

1. Go to the BSE IPO allotment status webpage:
2. In “Issue Type”, select Equity
3. From the “Issue Name” dropdown, pick Billionbrains Garage Ventures Ltd (Groww).
4. Enter your PAN number or Application number and click “Search/Submit”.
5. The screen will display whether your application is marked as “Allotted” or “Not Allotted”.

Apart from BSE, allotment can also be checked via the NSE portal and the registrar’s website (MUFG Intime India Private Ltd, formerly Link Intime) using similar details.

Why this matters — Significance & impact

1. Investor clarity before listing: With the allotment finalised, investors know whether they will receive shares when Groww lists. This helps in planning (holding vs selling) once the company debuts on the exchange.
2. Healthy subscription signals interest: The IPO reportedly was subscribed 17.6 times overall (QIB, NII and retail combined) as per latest data. Strong demand indicates investor enthusiasm for the fintech sector.
3. Listing momentum for fintech space: Groww’s listing will be among the larger ones in 2025. Its performance may influence sentiment for other fintech IPOs and the broader digital-finance ecosystem.
4. Operational readiness for investors: Knowing the allotment status ensures investors prepare for refunds (if not allotted) or for share absorption in the demat account (if allotted) before listing day.
5. Broader market signals: A smoother process and proper allotment/tracking enhance confidence in India’s IPO mechanism, especially through exchanges like BSE and NSE and registrar platforms.

Important things for investors to note

• If you find your status as “Not Allotted”, the blocked amount (if using UPI or bank mandate) will be released back to your account; refunds begin shortly after allotment finalisation.
• If you are allotted shares, you should see credits in your demat account by 11 November, ahead of listing. Always cross-check with your broker or demat statement.
• For all servers (BSE, NSE, registrar), the input must be accurate (PAN or application number) and there may be occasional delays due to high traffic — patience is advised.
• Keep an eye on the listing price and compare post-listing movement to your subscription price (₹ 95-100 band) — this will determine actual gains or losses.
• While allotment and listing carry immediate interest, remember investing is medium-to-long-term: monitor company fundamentals post-listing and not just listing-day gains.

Bottom line

The Groww IPO allotment process being finalised is a major milestone for thousands of retail and institutional investors who participated. With allotment status open for checking via BSE and other portals, investors can now prepare for the company’s listing on both BSE and NSE and decide their next steps. While listing day often draws attention, the longer-term performance of the company and its fundamentals will ultimately matter most.

Also read:Veteran Bollywood icon Dharmendra: A cinematic legacy and enduring influence

Last Updated on: Tuesday, November 11, 2025 6:31 pm by Economic Edge Team | Published by: Economic Edge Team on Tuesday, November 11, 2025 6:28 pm | News Categories: Startup

About The Author

Economic Edge Team

Economic Edge Team is a dynamic group of journalists and content creators dedicated to providing timely, insightful, and well-researched news across a variety of industries. From business trends and economic updates to startup insights, technology innovations, sports, entertainment, lifestyle, and automobiles, the team delivers comprehensive coverage of the latest events. With a focus on accuracy, in-depth analysis, and fresh perspectives, Economic Edge Team ensures readers stay informed about the critical stories shaping the global economy and beyond. For feedback and suggestions, feel free to reach out to us at economicedge24@gmail.com

See author's posts