Billionbrains Garage Ventures Limited, known by its brand name Groww , has officially notified stock exchanges about an important administrative update to its Corporate Identification Number (CIN). The change reflects the company's transition from an unlisted to a listed entity following its debut on major Indian stock exchanges.

CIN Update Details

The company informed both BSE Limited and National Stock Exchange of India Limited on January 30, 2026, about the CIN modification. The notification was signed by Company Secretary and Compliance Officer Roshan Dave.

The change from 'U' to 'L' in the CIN prefix signifies the company's transformation from an unlisted public company to a listed public company, as recognized by the Ministry of Corporate Affairs.

Company Profile and Capital Structure

Billionbrains Garage Ventures Limited, formerly known as Billionbrains Garage Ventures Private Limited, was incorporated on January 9, 2018. The company operates from its registered office located at Vaishnavi Tech Park, South Tower, 3rd Floor, Survey No.16/1 and 17/2, Ambalipura Village, Varthur Hobli, Bellandur, Bangalore, Karnataka.

Stock Exchange Information

The company's equity shares are now traded on both major Indian stock exchanges with the following identifiers:

Corporate Governance Updates

According to the Ministry of Corporate Affairs records dated January 30, 2026, the company maintains active compliance status. The company held its last Annual General Meeting on September 2, 2025, with the balance sheet date as March 31, 2025. The company is classified as a non-government public company limited by shares and does not qualify as a small company under applicable regulations.

The administrative update ensures that all regulatory records accurately reflect the company's current listed status, providing clarity for investors, regulators, and other stakeholders in the financial markets.

Groww Mutual Fund announced the launch of the Groww Nifty PSE ETF on January 22, introducing a new investment avenue for investors seeking exposure to public sector enterprises. The open-ended exchange-traded fund is specifically designed to track the Nifty PSE Index – TRI, offering investors a systematic approach to investing in government-controlled companies.

Fund Launch Details

The new fund offer opened on January 22 and will remain accessible to investors until February 5. Following the NFO closure, the scheme is expected to reopen for regular trading on or before February 19.

Investment Strategy and Composition

The ETF will primarily invest in equity and equity-related instruments of companies included in the Nifty PSE Index. The fund aims to deliver returns that closely track the index's total return performance, subject to tracking error considerations. Additionally, the fund may allocate a small portion to debt and money market instruments to meet liquidity requirements in accordance with regulatory guidelines.

The underlying Nifty PSE Index tracks listed public sector enterprises where central or state governments maintain majority ownership stakes. The index methodology involves selecting up to 20 companies from the broader Nifty 500 universe, with selection based on free-float market capitalisation criteria.

Index Characteristics and Trading Features

The ETF will be listed on recognised stock exchanges, enabling investors to trade units during regular market hours similar to equity shares. To ensure adequate secondary market liquidity, the fund house has appointed market makers who will facilitate smooth trading operations.

Fund Management Team

The scheme will be managed by a team of three experienced fund managers: Nikhil Satam, Aakash Chauhan, and Shashi Kumar. This collaborative management approach aims to ensure effective portfolio oversight and index tracking performance.

The launch of this ETF provides investors with a cost-effective and transparent method to gain diversified exposure to India's public sector enterprise segment through a single investment vehicle.