Billionbrains Garage Ventures, the parent company of online stockbroking platform Groww, is expected to finalise its IPO share allotment status on Monday, November 10, following a healthy subscription.

The mainboard issue , which opened for bidding on November 4, was overall subscribed 17.6 times on the last day of bidding on Friday, November 7.

The Groww IPO attracted bids for nearly 642 crore shares against 36.47 crore shares on offer, as per the NSE data. The Qualified Institutional Buyers (QIBs) booked their category 22 times, while the Non-Intuitional Investors (NIIs) subscribed the issue 14.2 times. The retail quota was booked 9.43 times.

The initial public offering (IPO) worth ₹6,632.3 crore was a combination of fresh issue of shares and an offer-for-sale (OFS) portion. The boo

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