Groww IPO worth ₹6,632.30 will open for subscription from 4 Nov to 7 Nov 2025. Groww IPO allotment is expected on 10 Nov, and shares are likely to be listed on BSE & NSE on 12 Nov. Price band for the IPO is set between ₹95 to ₹100 per share and Groww IPO GMP today stands at 16.70%.
Groww IPO GMP Live Rates Day by Day
Groww GMP today (1st Now 2025) stands at 16.70%. GMP values change daily, and we’ll keep you updated with the latest figures.
Remember, Grey Market Premium is an unofficial price at which an IPO trades before listing, offering an early hint of its performance. A positive GMP indicates potential gains, while a negative GMP signals a discount. Since GMP is highly volatile, investors should not rely on it alone and must consider other factors before investing in Groww IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
|---|---|---|---|---|
| 09-11-2025 | ₹ 100 | ₹ 4.2 | ₹104.2 (4.20%) | ₹ 630 |
| 08-11-2025 | ₹ 100 | ₹ 4.2 | ₹104.2 (4.20%) | ₹ 630 |
| 07-11-2025 | ₹ 100 | ₹ 5 | ₹105 (5%) | ₹ 750 |
| 06-11-2025 | ₹ 100 | ₹ 11 | ₹111 (11%) | ₹ 1,650 |
| 05-11-2025 | ₹ 100 | ₹ 14 | ₹114 (14%) | ₹ 2,100 |
| 04-11-2025 | ₹ 100 | ₹ 14 | ₹114 (14%) | ₹ 2,100 |
| 03-11-2025 | ₹ 100 | ₹ 16.5 | ₹116.5 (16.5%) | ₹ 2,475 |
| 01-11-2025 | ₹ 100 | ₹ 16.7 | ₹116.7 (16.70%) | ₹ 2,505 |
| 31-10-2025 | ₹ 100 | ₹ 16 | ₹116 (16.00%) | ₹ 2,400 |
| 30-10-2025 | ₹ 100 | ₹ 15 | ₹115 (15.00%) | ₹ 2,250 |
Groww IPO Details
- Groww’s IPO is worth ₹6,632.30, which is a combination of fresh issue of ₹1,060 Cr and OFS of ₹5,572.30 Cr.
- Groww’s IPO will open for subscription on 4 Nov 2025 and close on 7 Nov 2025.
- Groww’s IPO allotment is likely to take place on 10 Nov 2025 and the shares are expected to be listed on BSE and NSE on 12 Nov 2025.
- Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh are the promoters. Groww’s promoters currently hold 28% of the company but after the IPO, promoters' holdings will come down.
- MUFG Intime India will be the registrar for Groww's IPO.
Groww IPO Dates
Here are some important dates for Groww IPO.
| IPO Open Date | 04-Nov-25 |
| IPO Close Date | 07-Nov-25 |
| IPO Allotment Date | 10-Nov-25 |
| Initiation of Refunds | 11-Nov-25 |
| Demat Credits | 11-Nov-25 |
| Listing Date | 12-Nov-25 |
| Listing on | BSE, NSE |
Groww IPO Reservation
For Groww IPO, 10% has been reserved for retail investors.
| Investor Category | Shares Offered |
|---|---|
| QIB Investors | 75% |
| Retail Investors | 10% |
| NII (HNI) Investors | 15% |
Groww IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 150 shares costing ₹15,000. Maximum investment allowed for retail investors is 13 lots, which totals 1,950 shares and costs ₹1,95,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹ 15,000 |
| Retail (Max) | 13 | 1,950 | ₹ 1,95,000 |
| S-HNI (Min) | 14 | 2,100 | ₹ 2,10,000 |
| S-HNI (Max) | 66 | 9,900 | ₹ 9,90,000 |
| B-HNI (Min) | 67 | 10,050 | ₹ 10,05,000 |
About Groww IPO
Founded in 2017, Groww is a Bengaluru-based fintech company that has rapidly become one of India’s most popular investment platforms. It provides a direct-to-customer digital platform that helps retail investors build wealth through a wide range of financial products.
On Groww, users can easily invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and even U.S. stocks all from a single app. The platform’s simple interface and smooth onboarding process have made it especially popular among first-time and young investors.
Beyond traditional investing, Groww also offers Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions, giving users more tools to grow their portfolios.
Groww IPO Financial Performance
Groww reported a PAT of ₹2,203.35 Cr on 31 March 2025 and in FY24 reported ₹1,511.07 Cr. Over the past 3 years, the company has reported growing PAT. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹Cr) | 10,077.31 | 8,017.97 | 4,807.78 |
| Total income (₹Cr) | 4,061.65 | 2,795.99 | 1,260.96 |
| PAT (₹Cr) | 1,824.37 | -805.45 | 457.72 |
| EBITDA (₹Cr) | 2,371.01 | -780.88 | 398.78 |
| Net Worth | 4,855.35 | 2,542.64 | 3,316.75 |
| Reserves and Surplus | 3,251.92 | 2,477.76 | 4,445.63 |
| Total Borrowing (₹Cr) | 351.99 | 24.06 | N/A |
| PAT Margin (%) | 44.92% | -28.81% | 36.30% |
Groww IPO Peer Comparison from RHP
Groww IPO has lowest EPS compared to its peers. Higher EPS is always considered better. Below is a quick comparison of Groww vs
The table below shows peer comparison from RHP data.
| Company | EPS Diluted (₹) | P/E (x) |
|---|---|---|
| Billionbrains Garage Ventures | 3.19 | - |
| Angel One | 126.82 | 19.8 |
| Motilal Oswal Financial Services | 41 | 24.88 |
| 360 One Wam | 26.08 | 45.2 |
| Nuvama Wealth Management | 268.54 | 26.85 |
| Prudent Corporate Advisory Services | 47.25 | 58.92 |
Groww IPO Strengths and Weaknesses
Knowing about the strengths and weaknesses of Groww IPO helps you make an informed decision.
- Groww holds a 26.27% market share with over 12.6 million active clients as of June 2025, making it one of India’s leading investment platforms.
- The company reported a net profit margin of 44% and a revenue of ₹4,056 crore in FY2025, reflecting efficient operations and strong customer growth.
- Its platform is built primarily for mobile users, perfectly suited for India’s digital-native generation of investors.
- Groww uses its own technology infrastructure, helping it deliver a smooth, low-cost, and personalised investing experience.
- Any changes in trading regulations or brokerage fee structures could impact Groww’s revenue and profitability.
- The company’s business heavily relies on retail investor activity and market participation, which can fluctuate with market trends.
- Continuous upgrades and infrastructure maintenance are required to keep the platform reliable and secure.
- High market fluctuations can influence trading frequency and investor engagement, affecting overall transaction volumes.
Groww IPO GMP FAQs
What is Groww IPO GMP Today?
Groww IPO GMP today is ₹16.7.
What are Groww IPO Expected Returns?
Groww IPO Expected Returns are 16.70%, as of 1st November, this may change in the coming days.
When will Groww IPO open and close?
Groww’s IPO will open for subscription on 4 Oct 2025 and close on 7 Nov 2025.
What is the lot size for Groww IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 150 shares. And one lot will cost you ₹15,000.
What is the share allotment date for Groww IPO?
The allotment of shares is expected to be completed by 10 Nov 2025.
Who is the registrar of Groww IPO?
MUFG Intime India is the registrar for Groww’s IPO.
Is Groww IPO good to buy?
Groww IPO may attract investors with its growing financials, and strong market share, which is a good sign.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
