Groww IPO draws 57% subscription so far; check GMP, allotment, listing date here
Retail Individual Investors (RII) were fully subscribed 1.91 times. Check more details below.
Groww’s public offering news: Groww floats Rs 6,632.3 crore Initial Public Offering (IPO) for public subscription on November 4, 2025. The three-day bidding window will remain open until Friday, November 7. Ahead of its IPO launch, the company has raised Rs 2985 crore from anchor investors on November 3, 2025.
Groww IPO: Issuance Structure
The offering includes a fresh issue of Rs 1,060 billion and an offer for sale (OFS) of Rs 5,572.30 billion, taking the total issue size to Rs 6,632 billion.
Groww IPO Subscription Status, GMP – Day 1
The Groww public offering on Day 1 of the auction was subscribed 0.57 times in total. Retail Individual Investors (RII) were fully subscribed 1.91 times. The Non-Institutional Investors (NII) segment was subscribed 0.59 times, while the Qualified Institutional Buyers (QIB) segment received 0.10 responses. The second day of the tender process will continue on November 6.
- Qualified Institutional Buyers (QIB) – 0.10x
- Non-Institutional Investor (NII) – 0.59x
- Individual Individual Investor (RII) – 1.91x
- Total – 0.57x
Groww IPO Price Range
The price range of the issue has been fixed between Rs 95 and Rs 100 per share. Investors can bid for a minimum of 150 shares and in multiples of 150 thereafter. This means retail investors will need a minimum investment of Rs 15,000 to bid for a lot at the upper price limit.
Groww IPO: Allocation and listing history
The allocation basis is expected to be completed on Monday, November 10. Repayments are expected to start the next day, that is, Tuesday, November 11, and the shares will be deposited into maturity accounts on the same day. Groww shares are expected to list on NSE and BSE on Wednesday, November 12.
About Billionbrains Garage Ventures
Billionbrains Garage Ventures is the parent company of Groww, which offers brokerage services including stocks and derivatives. The company’s products include Mutual Funds, MTF, Loan and Growth AMC. As of June 2025, the company had 1,415 employees. Groww is a direct-to-consumer digital investment platform offering multiple financial products and services.
