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Billionbrains Garage Ventures IPO gains 17.26% on debut, highlighting tech investor confidence
Billionbrains Garage Ventures listed 17.
Billionbrains Garage Ventures listed at ₹131.33 against its issue price of ₹112, marking a 17.26% premium on debut. The IPO raised ₹6,632 crore, reflecting strong investor appetite for innovation-focused enterprises. The company specializes in AI and deep-tech investments supporting early-stage Indian startups. Trading volumes remained elevated during the opening session, with the stock hitting an intraday high of ₹136.
Institutional demand accounted for 62% of total subscriptions, while retail participation also exceeded expectations. Analysts noted consistent enthusiasm for high-growth tech IPOs despite recent market volatility in the broader indices.