Groww, operated by Billionbrains Garage Ventures Ltd., is preparing for its initial public offering (IPO). The Bengaluru-based online investment platform has quickly become one of India’s top brokerage and mutual fund apps. Its IPO has caught the attention of retail and institutional investors alike, as the company aims to expand its product range and strengthen its financial position post-listing.
IPO Name, Price Band and Lot Size
The upcoming Groww IPO has been structured with investor-friendly terms. Here are the key details:
- IPO Name: Groww Limited
- Price Band: ₹95 to ₹100 per share
- Lot Size: 150 shares per lot for retail investors
- Issue Size: Around ₹6,632 crore (including both fresh issue and offer for sale)
At the upper end of the price band, the minimum retail investment amount would be approximately ₹15,000.
IPO Date and Listing Date
The Groww IPO opens for subscription on 4 November 2025 and closes on 7 November 2025. The shares are expected to list on both the NSE and BSE around 12 November 2025, subject to market conditions and final regulatory approvals.
Grey Market Premium (GMP) and Subscription Status
Investors are tracking the Groww IPO GMP today (Grey Market Premium) to gauge expected listing performance. Early estimates from market watchers suggest a positive sentiment, indicating strong investor interest even before the issue opens. However, actual GMP numbers will become clearer closer to the listing date.
The subscription status will be closely monitored once the IPO opens. It will show how much demand exists from various investor categories — retail, non-institutional investors (NIIs), and qualified institutional buyers (QIBs). A higher subscription typically signals market confidence, though it does not guarantee listing gains.
Corporate Events — Dividend, Bonus and Stock Price Outlook
Since Groww is yet to be listed, there are no dividend or bonus records available. Once listed, dividend declarations will depend on profitability and the board’s policy. The company’s strong brand and digital-first business model could make it an attractive long-term growth stock, though valuations will play a key role.
Some analysts believe that Groww has the potential to become a multibagger stock over time, given its expanding user base, technology-driven services, and profitable business segments. However, like any equity investment, returns depend on execution, market conditions, and sector competition.
Steps to Check IPO Allotment Status
After the IPO subscription closes, you can check the Groww IPO allotment status using the following steps:
- Visit the official registrar’s website (such as KFin Technologies or Link Intime).
- Select “Groww IPO” from the dropdown list.
- Enter your PAN number, application number, or DP/Client ID.
- Click on “Submit” to view your allotment status.
- If shares are allotted, they will reflect in your demat account before the listing date.
Disclaimer
This article is meant for informational purposes only and should not be considered investment advice. All IPO details, including price band, lot size, subscription status, and GMP, are based on publicly available data as of writing. Investors should review the official prospectus and consult financial advisors before making any investment decision.
FAQs
Q1: What is the price band for the Groww IPO?
A1: The price band has been set at ₹95 to ₹100 per share.
Q2: What is the lot size for retail investors?
A2: The lot size for the Groww IPO is 150 shares per lot, which means the minimum investment is approximately ₹15,000 at the upper price band.
Q3: When is the Groww IPO listing date?
A3: The expected listing date for the Groww IPO is around 12 November 2025, subject to final approvals and market conditions.
