The initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of fintech platform Groww , will kick off for subscription on Tuesday, November 4, and close on November 7. The ₹6,632 crore issue is priced in the range of ₹95-₹100 per share.

Retail investors can bid for a minimum of one lot of 150 shares, requiring an investment of ₹15,000, and in multiples thereof.

What analysts say

Brokerage firm Arihant Capital said that with India's retail investor base expected to nearly double from 6.6-7.2 crore to 12-13 crore users, Groww's extensive digital footprint, covering 98.36% of Indian pin codes, and leadership among active NSE users position it well to capitalise on this growth opportunity.

The company plans to leverage its robust tech platform and asset-li

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