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IPO Synopsis

Billionbrains Garage Ventures Ltd
  • Registered Office: Vaishnavi Tech Park Southtower,3rd Flr Survey No 16/1 & 17/2, Bangalore - 560103, Karnataka, India.
  • Phone : +91 80 6960 1300   Fax:
  • Email : corp.secretarial@groww.in
  • Website :www.groww.in
Initial public offering of [*] equity shares of face value of Rs.2/- each ("equity shares") of Billionbrains Garage Ventures Limited (the" company" or the "issuer") for cash at a price of Rs.[*] per equity share (including a premium of Rs.[*] per equity share) (the "offer price") aggregating up to Rs.[*] crores (the "offer"). The offer comprises a fresh issue of [*] equity shares of face value of Rs.2/- each by the company aggregating up to Rs.1060.00 crores (the "fresh issue") and an offer for sale of up to 557,230,051 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores comprising up to 158,281,491 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Peak XV Partners, Investment VI-1, 105,481,609 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by YC Holdings II, LLC, 65,668,147 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Ribbit Capital V.L.P., 52,464,086 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by GW-E Ribbit Opportunity V, LLC, 51,842,810 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Internet Fund VI Pte. Ltd., 14,723,398 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Sequoia Capital Global Growth Fund III - U.S./India Annex Fund, L.P.,16,266,356 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Propel Venture Partners Global US, LP, 27,505,088 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Kauffman Fellows Fund, L.P., 11,343,750 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Friále Fund IV LLC, 18,707,370 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Alkeon Innovation Master Fund II, LP, 17,453,620 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Alkeon Innovation Master Fund II, Private Series, LP, 8,118,000 equity shares of face value of Rs.2/- each aggregating upto Rs.[*] crores by Alkeon Innovation Master Fund, LP, 421,248 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Alkeon Innovation Opportunity Master Fund, LP, 5,968,700 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Nirman Investments, LP., and 2,984,378 equity shares of face value of Rs.2/- each aggregating up to Rs.[*] crores by Nirman Holdings, L.P., (collectively, the "selling shareholders" and such offer the "Offer For Sale" and such equity shares so offered, The "offered shares"). The face value of the equity shares is Rs.2/- each and the offer price is [*] times the face value of the equity shares. Price Band: Rs. 95 to Rs. 100 per equity share of face value of Rs. 2 each. The floor price and the cap price are 47.50 times and 50.00 times the face value of the equity shares, respectively. Bids can be made for a minimum of 150 equity shares of face value of Rs. 2/- each and in multiples of 150 equity shares of face of Rs. 2/- each thereafter.
Issue
Opens On Closes On
04-Nov-25 07-Nov-25
Money Payable On
Application Allotment
95.00 0.00
Minimum Application for shares in Nos : 150 Further Multiples of : 150
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Limited
Project Financed through Current Offer (.Cr) 6353.69  
Post Issue Equity Share Capital (.Cr) 1234.72
Issue Price () 95.00
Projects
Expenditure towards cloud infrastructure
Brand building and performance marketing activities
Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
Investment in one of our Material Subsidiaries, GIT, for funding its MTF business
General corporate purposes
Promoted By
Lalit Keshre
Harsh Jain
Ishan Bansal
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
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