Billionbrains Garage Ventures: IPO Fund Utilization Report for Q2 2026

Billionbrains Garage Ventures Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, details the utilization of funds raised through the company's Initial Public Offer (IPO). As per SEBI regulations, the report confirms the application of funds raised. The company has also uploaded this information on its website, www.groww.in. The report indicates no deviation from the IPO's stated objects and confirms that the monitoring agency has no perceived conflict of interest. The total IPO issue size was ₹1,060.00 crore, with net proceeds of ₹1,015.98 crore after accounting for issue expenses.