roww IPO Day 2 live updates, Billionbrains Garage Ventures (Groww) IPO Day 2 Live: The initial public offering (IPO) of Billionbrains Garage Ventures, the parent company of online brokerage platform Groww, entered its second day on Thursday with 57% subscription. The IPO opened on Tuesday, and the stock market remained closed on Wednesday on account of Guru Nanak Jayanti.
IPO Details:
Total issue size: ₹6,632.3 crore
Anchor portion: ₹2,984 crore
Fresh issue: ₹1,060 crore
Offer for Sale (OFS): 55.72 crore equity shares
Price band: ₹95–₹100 per share
IPO closes on: November 7
- November 6, 2025 17:05
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- November 6, 2025 17:04
Groww IPO Day 2 highlights: Sees overall subscription of 1.64 times
Billionbrains Garage Ventures (Groww) IPO has been subscribed 1.64 times on Day 2. The Qualified Institutional Buyers (QIB) portion has been subscribed 0.20 times, Non-Institutional Investors (NIIs) 2.26 times, and the Retail Investors category 5.02 times.
- November 6, 2025 16:56
Groww IPO Day 2 live updates: Subscribed 1.63 times at 4.51 pm
QIBs: 0.20 times
NIIs: 2.25 times
Retail: 5 times
- November 6, 2025 15:16
Billionbrains Garage Ventures (Groww) IPO Day 2 Live: Bidding status
Billionbrains Garage Ventures (Groww) IPO booked 1.44 times at 3.12 pm on Day 2.
- QIBs: 0.20 times
- NIIs: 1.83 times
- Retail: 4.59 times
- November 6, 2025 14:52
Groww IPO Day 2 live: India’s Digital Investing at an Inflection Point; Groww Well-Placed to Lead the Next Wave of Retail Financialisation: Reliance Securities
Reliance Securities believes India’s digital investing landscape is entering a powerful inflection point, driven by the accelerating financialisation of household savings, record demat account growth, and a pronounced shift from traditional assets like gold and fixed deposits toward equities and mutual funds.
According to the brokerage, retail participation in capital markets has evolved into a structural, rather than cyclical, trend—supported by technology adoption, UPI integration, and rising financial literacy. The online broking industry, once dominated by full-service brokers, is now being reshaped by tech-led, low-cost platforms such as Groww that deliver seamless and intuitive digital experiences.
With over 200 million demat accounts, booming F&O and margin trading volumes, and mutual fund SIP inflows at record highs, the addressable market for digital investment platforms is expanding rapidly at a 25–30% CAGR.
Reliance Securities notes that Groww is strategically positioned to capture this momentum through its product-led approach, extensive retail reach, and diversified offerings across equities, derivatives, mutual funds, IPOs, and emerging credit products. As India’s investment ecosystem formalises and digital trust-based brands consolidate investor mindshare, the brokerage expects Groww to emerge as a category-defining fintech leader in the coming decade of wealth creation.
- November 6, 2025 14:21
Groww IPO Day 2 Live Updates: 1.34x subscription so far
At 2,18 pm on November 6, 2025, the Billionbrains Garage Ventures (Groww) IPO has been subscribed 1.34 times. The Qualified Institutional Buyers (QIB) portion has been subscribed 0.14 times, Non-Institutional Investors (NIIs) 1.71 times, and the Retail Investors category 4.37 times.
- November 6, 2025 12:59
Groww IPO Day 2 Live updates: Subscription status
Billionbrains Garage Ventures IPO has been subscribed 1.20 times at 12.57 pm on November 6, 2025.
- QIBs: 0.10 times
- NIIs: 1.50 times
- Retail: 4.02 times
Total: 1.20 times
- November 6, 2025 12:48
Groww IPO fully subscribed on day 2, Retail Investors lead strong demand
Groww IPO fully subscribed on day 2, Retail Investors lead strong demand
Groww IPO sees strong demand, fully subscribed on day 2, led by enthusiastic retail investors bidding 3.62 times their share.
