NEW DELHI, Nov 4: The initial public offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, garnered 29 per cent subscription so far on the first day of the share sale on Tuesday. The company’s IPO received bids for 10,42,97,559 shares, as against 36,47,76,528 shares on offer, as per data available with the NSE till 12:48 hours. Retail investors’ quota got fully subscribed by 1.16 times, while the category meant for non-institutional investors received 27 per cent subscription. Billionbrains Garage Ventures on Monday garnered a little over Rs 2,984 crore from anchor investors. The company’s IPO would conclude on November 7. The firm has fixed a price band of Rs 95-100 per share for its IPO, targeting a valuation of over Rs 61,700 crore (abou
Groww IPO gets subscribed 29 pc so far on Day 1
Daily Excelsior9 hrs ago
52


Businessline
NDTV Profit
New York Post
AlterNet
Raw Story