Groww IPO GMP, Price, Date, Allotment

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Groww IPO Description – Founded in 2016, Groww is India’s largest and fastest-growing direct-to-customer digital investment platform by active users on NSE as of 30 June 2025. The platform offers a wide range of financial products, including stocks (IPOs, delivery, intraday), derivatives, bonds, mutual funds (including Groww Mutual Fund), margin trading facilities, and personal loans.

The platform serves customers across 98.36% of India’s pin codes, with ~81% of users residing outside the top-6 cities, showcasing deep penetration in Tier-2, Tier-3 towns, and rural regions. Its user base is young and diverse — ~45% of active users are under 30 years, ~21% are between 31-35 years, and 3.3 million are women. Many users are first-time investors, with 43.21% of new transacting users in FY24–25 opening their first demat account on Groww. As of 30 June 2025, 5.70 million users used more than one product, highlighting cross-product adoption.

A majority of Groww’s customer growth has been organic — over 83% of new users in FY25 were acquired without paid marketing. It has a 4.61/5 rating on Google Play and is the highest-ranked investment app on the Apple App Store in India. As of 30 June 2025, the company employed 1,415 personnel.

Promoters of Groww – Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh

Groww IPO Details

Groww IPO Dates	4 – 7 November 2025
Groww Issue Price	INR 95 – 100 per share
Fresh issue	INR 1,060 crore
Offer For Sale	55,72,30,051 shares (INR 5,293.69 – 5,572.3 crore)
Total IPO Size	INR 6,353.69 – 6,632.3 crore
Minimum Bid (lot size)	150 shares (INR 15,000)
Face Value	INR 2 per share
Retail Allocation	10%
Listing On	BSE, NSE

Groww Financial Performance

	FY 2023	FY 2024	FY 2025	Q1 FY 2026
Revenue	1,141.53	2,609.28	3,901.72	904.40
Expenses	757.12	2,068.11	1,596.49	444.67
Net income	457.72	(805.45)	1,824.37	378.37
Margin (%)	40.10	(30.87)	46.76	41.84

Groww Offer News

• Groww IPO Anchor Book
• Groww IPO Broker Recommendations Signal Strong Confidence
• Groww RHP
• Groww UDRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

Groww Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre-Issue)	FY 2025 (Post-Issue)
EPS	0.79	(1.50)	3.19	2.96
PE Ratio	–	–	29.78 – 31.35	32.09 – 33.78

	FY 2023	FY 2024	FY 2025
RONW (%)	13.80	(31.66)	37.57
NAV	6.20	4.75	8.89
ROCE (%)	–	–	–
EBITDA (%)	34.93	(29.92)	60.77
Debt/Equity	–	–	–

Groww IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Subject to Sauda
11 November 2025	3	–
10 November 2025	5	500
8 November 2025	5	600
7 November 2025	6	800
6 November 2025	15	1,900
5 November 2025	15	1,800
4 November 2025	17	1,800
3 November 2025	17	1,800
1 November 2025	15	1,800
31 October 2025	13	1,500
30 October 2025	10	–

Groww Offer Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

• Expenditure towards cloud infrastructure – INR 152.50 crore
• Brand building and performance marketing activities – INR 225 crore
• Investment in one of the material subsidiaries, GCS, an NBFC, for augmenting its capital base – INR 205 crore
• Investment in one of the material subsidiaries, GIT, for funding its MTF business – INR 167.50 crore
• General corporate purposes

Groww IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	19,89,69,016	9,94,84,507	6,63,23,005	36,47,76,528
7 Nov 2025	22.02	14.20	9.43	17.60
6 Nov 2025	0.20	2.26	5.02	1.64
4 Nov 2025	0.10	0.59	1.91	0.57

29,84,53,523 shares allotted to anchor investors are not included in these calculations.

Groww – Comparison With Listed Peer

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Groww	33.78	2.96	37.57	8.89	3,901.72
Angel One	17.52	126.82	20.85	623.72	5,238.38
Motilal Oswal Financial Services	22.39	41.00	22.64	185.24	8,339.05

Groww IPO Allotment Status

Groww IPO allotment status is now available on MUFG Intime India’s website. Click on this link to get the allotment status.

Groww IPO Dates & Listing Performance

IPO Opening Date	4 November 2025
IPO Closing Date	7 November 2025
Finalization of Basis of Allotment	10 November 2025
Initiation of refunds	11 November 2025
Transfer of shares to demat accounts	11 November 2025
Groww IPO Listing Date	12 November 2025
Opening Price on NSE	INR 112 per share (up 12%)
Closing Price on NSE	INR 131.33 per share (up 31.33%)

Groww IPO Reviews – Subscribe or Avoid?

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Groww IPO Lead Manager

KOTAK MAHINDRA CAPITAL COMPANY LIMITED
1st Floor, 27 BKC, Plot No. 27G’ Block, Bandra
Kurla Complex, Bandra (East), Mumbai 400 051
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com

Groww Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 ParkL.B.S. Marg,
Vikhroli (West) Mumbai 400 083
Phone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

Groww Contact Details

BILLIONBRAINS GARAGE VENTURES LIMITED
Vaishnavi Tech Park, South Tower, 3rd Floor,
Survey No. 16/1 and 17/2 Ambalipura Village,
Varthur Hobli, Bellandur, Bengaluru 560 103
Phone: +91 80 6960 1300
Email: [email protected]
Website: www.groww.in

Groww IPO FAQs