Try GOLD - Free
Groww IPO booked 57% on first day
Financial Express Kolkata
|November 05, 2025
THE INITIAL PUBLIC offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered 57% subscription on the first day of the share sale on Tuesday.
The firm’s IPO received bids for 20,62,53,000 shares, against 36,47,76,528 shares on offer, as per data available with the NSE.
The retail investors’ quota got fully subscribed, garnering 1.91 times subscription, while the category meant for non-institutional investors received 59% subscription. The qualified institutional buyers part received 10% subscription.
This story is from the November 05, 2025 edition of Financial Express Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Kolkata
Financial Express Kolkata
Santa Claus rally to drive small-, mid-caps
AT A GLANCE
1 min
December 18, 2025
Financial Express Kolkata
Startup layoffs moderate; funding remains tight
AFTER THREE BRUISING years of funding slowdown and aggressive cost-cutting, the country's startup ecosystem is beginning to show early signs of labour market stabilisation, with layoffs easing both in scale and frequency in 2025.
1 min
December 18, 2025
Financial Express Kolkata
Starbucks smells the coffee
Price-sensitive consumers, high rentals prompt shift away from premiumisation
1 mins
December 18, 2025
Financial Express Kolkata
Quality-adjusted HDI changes perspective
It offers a more nuanced understanding of health, education, and economic opportunities. Focusing on qualitative aspects is crucial for India's growth
3 mins
December 18, 2025
Financial Express Kolkata
Tier-2 cities lead employment boom as job mkt grows 23%
INDIA'S JOB MARKET ended 2025 on a high, clocking a robust 23% year-on-year rise in hiring activity, signalling broad-based employer confidence and steady expansion across industries.
1 min
December 18, 2025
Financial Express Kolkata
Belgium top court upholds extradition of Mehul Choksi
THE HIGHEST COURT of Belgium — Court of Cassation-- has rejected the appeal of fugitive diamantaire Mehul Choksi against India’s extradition request, while endorsing a lower court's view that there are no grounds for his claims of flagrant denial of justice, torture or inhuman and degrading treatment in India, according to the order released on Wednesday.
1 min
December 18, 2025
Financial Express Kolkata
Redesigning Management Learning in AI-Infused Classrooms
I has quietly become part of the foundation of how people learn today.
1 min
December 18, 2025
Financial Express Kolkata
IndiGo COO, aviation officials appear before House panel
A PARLIAMENTARY PANEL examining the recent air traffic disruptions tried to fix responsibility for Indigo’s mass cancellation of flights as senior aviation officials and IndiGo COO Isidro Porqueras appeared before it on Wednesday, but found the replies of the airline and DGCA “evasive and unconvincing”, according to sources.
1 min
December 18, 2025
Financial Express Kolkata
Sweet sorghum may also work as ethanol feedstock
THE GOVERNMENT IS conducting a study to assess the feasibility of sweet sorghum as an alternative feedstock for production of ethanol to diversify the raw material base for the biofuel, the food ministry said in Parliament on Wednesday.
1 min
December 18, 2025
Financial Express Kolkata
Hyundai's Creta holds lead, but rival engines roar louder
MID-SIZE SUV BATTLE HEATS UP
2 mins
December 18, 2025
Listen
Translate
Change font size
