Billionbrains garage Ventures IPO Details
Billionbrains Garage Ventures Ltd. has filed its Draft Red Herring Prospectus (DRHP) with SEBI on May 24, 2025, to raise funds through an Initial Public Offer (IPO). The IPO is a Book-Build Issue comprising a fresh issue of Rs. 1,060 crore and an Offer for Sale (OFS) of up to 57.42 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Kotak Mahindra Capital Co. Ltd. is the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. acts as the Registrar to the issue. Details such as price band, lot size, and issue dates will be announced in due course.
🕗 Last Update: 16 October 2025, 6.00 AM
IPO Key Dates
| IPO Opens on | Oct, 2025 |
| IPO Closes on | Oct, 2025 |
| Allotment on | Oct, 2025 |
| Initiation of Refunds | Oct, 2025 |
| Credit of Shares | Oct, 2025 |
| Listing Date | Oct, 2025 |
Subscription updates:
The promoters
Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh are thye promoters of the company
The promoters hold 27.98 % shares in the pre-IPO capital of the company.
Objects of IPO
The IPO consists fresh issue of capital and an offer for sale
| Objects of the Issue | Rs. in crores |
| Capital expenditure for fit-outs of new offline and hybrid centers of our Company | 460.55 |
| Expenditure towards lease payments of existing identified offline and hybrid centers operated by our Company | 548.31 |
| Capital expenditure for fit-outs of new offline centers of Xylem | 31.65 |
| Lease payments for Xylem’s existing identified offline centers and hostels | 15.52 |
| Investment in our Subsidiary, Utkarsh Classes & Edutech Private Limited for expenditure towards lease payments for Utkarsh Classes’ existing identified offline centers | 33.7 |
| Expenditure towards server and cloud related infrastructure costs | 200.11 |
| Expenditure towards marketing initiatives | 710 |
| Acquisition of additional shareholding in our Subsidiary, Utkarsh Classes & Edutech Private Limited | 26.5 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes |
Business :
IPO Details
| Opens On | ? October 2025 |
| Closes on | ? October 2025 |
| Face Value | Rs.2 |
| Issue Price Band | Rs.? |
| Lot Size | ? Shares |
| Sale Type | Fresh issue & Offer for Sale |
| Total Issue Size | ? shares |
| Total Issue Size | Rs. Cr |
| Employee Discount | Rs. 0 |
| Shareholder Discount | Rs. 0 |
| Listing At | BSE, NSE |
How are the shares offered?
| Investor Category | Shares Offered |
| QIB Shares Offered | Not less than 75% of the Net Offer |
| Retail Shares Offered | Not more than 10% of the Net Offer |
| NII Shares Offered | Not more than 15% of the Net Offer |
How Shares can be applid?
| Application | Lots | Shares | Amount Rs. |
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
How to check Allotment Status
Allotment of this IPO will be announced on ? October 2025 and the link to check allotment is given below:
https://linkintime.co.in/Initial_Offer/public-issues.html
| Registered Office of the company PhysicsWallah Ltd. B 8, Block B, Industrial Area, Sector 62, Noida, Uttar Pradesh 201309 Noida, Uttar Pradesh, 201309 Email: investorsrelation@pw.live |
|
| The Lead Managers Kotak Mahindra Capital Co.Ltd. JP Morgan India Pvt.Ltd. Goldman Sachs (India) Securities Pvt.Ltd. Axial Capital Pvt.Ltd. |
|
| Registrar to IPO | |
| Mufg Intime India Pvt ltd |
Financial Snapshot
| Period Ended | 30-Jun-25 | 31-Mar-25 | 30-Jun-24 | 31-Mar-24 |
| Assets | 12,713.18 | 10,077.31 | 10,819.10 | 8,017.97 |
| Total Income | 948.47 | 4,061.65 | 1,047.58 | 2,795.99 |
| Profit After Tax | 378.37 | 1,824.37 | 338.01 | -805.45 |
| EBITDA | 418.75 | 2,371.01 | 482.66 | -780.88 |
| NET Worth | 5,995.45 | 4,855.35 | 2,886.28 | 2,542.64 |
| Reserves and Surplus | 5,506.78 | 3,251.92 | 2,821.41 | 2,477.76 |
| Total Borrowing | 324.08 | 351.99 | 117.66 | 24.06 |
| Amount in ₹ Crore | ||||
Key Performance Indicators
| KPI | Values |
| RoNW | -12.50% |
| PAT Margin | -8.43% |
| EBITDA Margin | 6.69% |
Peer Comparison
IPO Concise Review by Paresh Gordhandas, CA & Research Analyst
Chanakya has strong following because of its IPO reviews. We shall update our review for this IPO, once the price band and latest results are available.
PhysicsWallah IPO dates
PhysicsWallah IPO price & Lot
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