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Billionbrains Garage Ventures Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Billionbrains Garage Ventures Ltd IPO

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 663,230,051 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)100/- per equity share (including a premium of (Rs)98/- per equity share) (the "offer price") aggregating to (Rs)6632.30 crores (the "offer"). The offer comprises a fresh issue of 106,000,000 equity shares of face value of (Rs)2/- each by the company aggregating to (Rs)1060.00 crores (the "fresh issue") and an offer for sale of to 557,230,051 equity shares of face value of (Rs)2/- each aggregating to (Rs)5572.30 crores comprising to 158,281,491 equity shares of face value of (Rs)2/- each aggregating to (Rs)1582.82 crores by Peak XV Partners Investments VI-1, 105,481,609 equity shares of face value of (Rs)2/- each aggregating to (Rs)1054.82 crores by YC Holdings II, LLC, 65,668,147 equity shares of face value of (Rs)2/- each aggregating to (Rs)656.68 crores by ribbit capital V,L.P., 52,464,086 equity shares of face value of (Rs)2/- each aggregating to (Rs)524.64 crores by GW-E Ribbit Opportunity V, LLC, 51,842,810 equity shares of face value of (Rs)2/- each aggregating to (Rs)518.43 crores by Internet Fund VI Pte. Ltd., 14,723,398 equity shares of face value of (Rs)2/- each aggregating to (Rs)147.23 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 to (Rs)162.66 crores by Propel Venture Partners Global US, LP, 27,505,088 equity shares of face value of (Rs)2/- each aggregating to (Rs)275.05 crores by Kauffman Fellows Fund, L.P., 11,343,750 equity shares of face value of (Rs)2/- each aggregating to (Rs)113.448 crores by Friále Fund IV LLC, 18,707,370 equity shares of face value of (Rs)2/- each aggregating to (Rs)187.07 crores by Alkeon Innovation Master Fund II, LP, 17,453,620 equity shares of face value of (Rs)2/- each aggregating to (Rs)174.54 crores by Alkeon Innovation Master Fund II, Private Series, LP, 8,118,000 equity shares of face value of (Rs)2/- each aggregating to (Rs)81.18 crores by Alkeon Innovation Master Fund, LP, 421,248 equity shares of face value of (Rs)2/- each aggregating to (Rs)4.21 crores by Alkeon Innovation Opportunity Master Fund, LP, 5,968,700 equity shares of face value of (Rs)2/- each aggregating to (Rs)59.69 crores by Nirman Investments, L.P., and 2,984,378 equity shares of face value of (Rs)2/- each aggregating to (Rs)29.84 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").

Issue Money Payable On
Opens On Closes On Application Allotment
04-Nov-25 07-Nov-25 (Rs)100.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :150  Further Multiples of :150

  (Rs Cr) Lead Managers to the Issue
Project Cost 1015.98
Axis Capital Limited
Project Financed through Current Offer 6632.30  
Post Issue Equity Share Capital 1234.72  
Issue Price (Rs)100.00  
 
Projects
Expenditure towards cloud infrastructureInvestment in one of our Material Subsidiaries, GIT, for funding its MTF business
Brand building and performance marketing activitiesGeneral corporate purposes
Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
Promoted By
Lalit Keshre  
Harsh Jain  
Ishan Bansal  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd