Comparison between Groww IPO and KSH International IPO.
Groww IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while KSH International IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Groww IPO is up to ₹6,632.30 Cr whereas the issue size of the KSH International IPO is up to ₹626.35 Cr. The final issue price of Groww IPO is ₹100.00 per share and of KSH International IPO is ₹384.00 per share.
| Groww IPO | KSH International IPO | |
|---|---|---|
| Face Value | ₹2 per share | ₹5 per share |
| Issue Price (Lower) | ₹95.00 per share | ₹365.00 per share |
| Issue Price (Upper) | ₹100.00 per share | ₹384.00 per share |
| Issue Price (Final) | ₹100.00 per share | ₹384.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 150 shares | 39 shares |
| Fresh Issue Size | 10,60,00,000 shares | 1,09,37,500 shares |
| Fresh Issue Size (Amount) | up to ₹1,060.00 Cr | up to ₹420.00 Cr |
| OFS Issue Size | 55,72,30,051 shares | 53,73,803 shares |
| OFS Issue Size (Amount) | up to ₹5,572.30 Cr | up to ₹206.35 Cr |
| Issue Size Total | 66,32,30,051 shares | 1,63,11,303 shares |
| Issue Size Total (Amount) | up to ₹6,632.30 Cr | up to ₹626.35 Cr |
Groww IPO opens on Nov 04, 2025, while KSH International IPO opens on Dec 16, 2025. The closing date of Groww IPO and KSH International IPO is Nov 07, 2025, and Dec 18, 2025, respectively.
| Groww IPO | KSH International IPO | |
|---|---|---|
| Anchor Bid Date | Nov 03, 2025 | Dec 15, 2025 |
| Issue Open | Nov 04, 2025 | Dec 16, 2025 |
| Issue Close | Nov 07, 2025 | Dec 18, 2025 |
| Basis Of Allotment (Tentative) | Nov 10, 2025 | Dec 19, 2025 |
| Initiation of Refunds (Tentative) | Nov 11, 2025 | Dec 22, 2025 |
| Credit of Share (Tentative) | Nov 11, 2025 | Dec 22, 2025 |
| Listing date (Tentative) | Nov 12, 2025 | Dec 23, 2025 |
| Anchor Lockin End date 1 | Dec 09, 2025 | Jan 17, 2026 |
| Anchor Lockin End date 2 | Feb 07, 2026 | Mar 18, 2026 |
Groww IPO P/E ratio is 33.26, as compared to KSH International IPO P/E ratio of 32.09.
| Groww IPO | KSH International IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)Billionbrains Garage Ventures Ltd.'s revenue increased by 45% and profit after tax (PAT) rose by 327% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)KSH International Ltd.'s revenue increased by 39% and profit after tax (PAT) rose by 82% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 28.29 | 98.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 27.53 | 71.36 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.26 | 32.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹61735.97 Cr. | ₹2601.82 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 22.77 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.60 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.01 | ₹11.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 37.57% | 22.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Groww IPO Retail Individual Investors (RII) are offered 6,63,23,005 shares while in KSH International IPO retail investors are offered 6,63,23,005 shares. Qualified Institutional Buyers (QIB) are offered 19,89,69,016 shares in Groww IPO and 28,44,375 shares in KSH International IPO.
| Groww IPO | KSH International IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,84,53,523 shares | 55,46,874 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 19,89,69,016 shares | 28,44,375 shares |
| NII | 9,94,84,507 shares | 25,17,376 shares |
| RII | 6,63,23,005 shares | 58,73,876 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 66,32,30,051 shares | 1,67,82,501 shares |
Groww IPO subscribed 17.60x in total, whereas KSH International IPO subscribed 0.87x.
| Groww IPO | KSH International IPO | |
|---|---|---|
| QIB (times) | 22.02x | 1.12x |
| NII (times) | 14.20x | 0.44x |
| Big NII (times) | 16.28x | 0.26x |
| Small NII (times) | 10.04x | 0.80x |
| RII (times) | 9.43x | 0.91x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.60x | 0.87x |
