Groww Raises ₹2,984 Crore from Anchor Investors Ahead of Landmark IPO
New Delhi, [Date of Publication]: Billionbrains Garage Ventures Ltd, the parent company of the popular investment platform Groww, successfully garnered over ₹2,984 crore from anchor investors on Monday, November 3, 2025, a day before its massive Initial Public Offering (IPO) opened for public subscription.
This anchor book allocation, which represents a significant portion of the total ₹6,632 crore IPO, was completed at the upper end of the price band, ₹100 per equity share. The company allotted 29.84 crore shares to 102 funds.
⭐ Marquee Anchor Investor Participation
The anchor book saw robust demand and attracted a stellar mix of both premier global and top-tier domestic institutional investors, underscoring strong confidence in Groww's long-term growth story as a leading digital investment platform in India.
Top Global & Sovereign Funds:
Government of Singapore (GIC)
Abu Dhabi Investment Authority (ADIA)
Norges Bank (Government Pension Fund Global)
Goldman Sachs
Morgan Stanley
Sequoia Capital Global Equities (SCGE) - Notably, this marks SCGE's first-ever investment in an Indian IPO.
Dragoneer Investment Group
Wellington Management, Amundi, and Matthews Asia
Leading Domestic Institutions & Mutual Funds:
HDFC Mutual Fund (AMC)
SBI Mutual Fund
Kotak Mahindra Mutual Fund (AMC)
Nippon Life India AMC
Axis Mutual Fund
Aditya Birla Sun Life AMC
Motilal Oswal Mutual Fund
Allocation Breakdown:
Domestic institutions, particularly Mutual Funds, led the mix, accounting for approximately 46.6% of the total anchor allocation, through 54 schemes.
Foreign Institutional Investors (FIIs) and Sovereign Funds made up the remaining portion, ensuring a balanced and diverse institutional shareholder base.
IPO Structure and Key Dates
| Detail | Specification |
| Total IPO Size | ₹6,632.30 crore |
| Price Band | ₹95 to ₹100 per equity share |
| Anchor Allotment Price | ₹100 per share |
| Public Subscription Date | November 4 – November 7, 2025 |
| Listing Date (Tentative) | November 12, 2025 |
| IPO Components | Fresh Issue (₹1,060 cr) and Offer For Sale (OFS) (₹5,572.30 cr) |
The proceeds from the Fresh Issue will be used by Groww to strengthen its cloud infrastructure, invest in brand-building and marketing, and augment the capital base of its NBFC subsidiary (Groww Creditserv Tech) and its Margin Trading Facility (MTF) business subsidiary (Groww Invest Tech).
Groww is one of the largest and fastest-growing investment platforms in India by active users on the NSE, and its successful anchor book is seen as a major validation of its business model and future prospects.