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News Details

( As on 30/10/2025 11:51)

Billionbrains Garage announces launch of initial public offering

Billionbrains Garage Ventures Ltd. has announced public offering of 663230051 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 98.00 per share. The gross proceeds of the issue are expected to be Rs 6,63,230.05 lakhs.

The company's initial public offer (IPO) will open on 04 November 2025 and is expected to close on 07 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 95.00-100.00 per share.

The IPO includes a fresh Issue of 663230051 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 150 shares with bids in multiples of 150.

Billionbrains Garage Ventures Ltd. anticipates using the proceeds of the issue for .

JP Morgan India Private Limited.,Kotak Mahindra Capital Company Ltd.,Citigroup Global Markets India Private Limited,Motilal Oswal Investment Advisors Limited,Axis Capital Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.