Overview
- The basis of allotment was completed on November 10, with status available on MUFG Intime, BSE and NSE, and debit or refund notifications expected by November 11.
- Shares of Billionbrains Garage Ventures (Groww) are slated to list on NSE and BSE on November 12 at 10 am.
- The Rs 6,632.3 crore offer drew 17.60 times overall subscription, including 22.02x from QIBs, 14.20x from NIIs and 9.43x from retail investors.
- Grey-market trackers peg the latest premium near Rs 4 per share, implying roughly a 4% listing gain versus the Rs 100 upper price band, though this indicator is unofficial.
- The issue combined a Rs 1,060 crore fresh sale with a large OFS; disclosed uses of proceeds include brand building, NBFC capital, margin trading, and cloud infrastructure, following Rs 2,984 crore raised from anchors.