Groww IPO Review & Recommendations

Groww IPO Peer Comparison

Billionbrains Garage Ventures Ltd. peer comparison with similar listed entities. (As on March 31, 2025)

Notes for peer group:

1. Profit After Tax and Networth are excluding non-controlling interests.
2. Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the financial statements of the companies respectively for the Fiscal ended March 31, 2025 / December 31, 2024 (as applicable).
3. Return on Net Worth (%) = Profit/(loss) for the year ended March 31, 2025 / December 31, 2024 (as applicable) divided by Total Equity of the company of last fiscal year attributable to shareholders of the Company.
4. Net Asset Value per Equity Share is computed as the Total Equity of the Company as on March 31, 2025 / December 31, 2024 (as applicable) divided by the weighted average of outstanding number of equity shares as on March 31, 2025/ December 31, 2024 (as applicable).
5. Price/earnings ratio for the i) domestic peers has been computed based on the closing market price of equity shares on NSE as on October 23, 2025, divided by the diluted earnings per share for financial year ended March 31, 2025.