
Groww IPO Details: Everything You Should Know about
Posted by : sachet | Fri Oct 31 2025

Check Expert’s Verdicts on Groww IPO
Groww IPO will be open for bidding from 4th November to 7th November. It is a book-building issue of 6,632.20 crore shares. The problem is entirely an offer for sale of 55.72 shares. The IPO is expected to be listed on the BSE and NSE with a tentative listing date of 12th November 2025.
Groww IPO Details
The Groww IPO is expected to take place from 4th November 2025 to 7th November 2025. The face value of Groww IPO shares is ₹2 per share, and the IPO price is set at ₹95 to ₹100 per share.
MUFG Intine India Private Limited is the registrar of the Groww IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
Groww IPO Details
| IPO Open Date | 4th November 2025 | 
| IPO Close Date | 7th November 2025 | 
| IPO Allotment Date | 10th November 2025 | 
| Refund Initiation | 11th November 2025 | 
| Face Value | ₹2 per share | 
| Price Band | ₹95 to ₹100 per share | 
| Lot Size | 150 Shares | 
| Issue Size | 66,32,30,051 shares(aggregating up to ₹6,632.30 Cr) | 
| Fresh issue | 10,60,00,000 shares(aggregating up to ₹1,060.00 Cr) | 
| Offer for sale | 55,72,30,051 shares of ₹2(aggregating up to ₹5,572.30 Cr) | 
| Issue Type | Bookbuilding IPO | 
| Listing At | BSE and NSE | 
| Listing Date | 12th November 2025 | 
Groww IPO Share Reservation
Groww IPO is a bookbuilding IPO issue of 6,632.30 Crore shares. Groww Limited Shares will be listed on the BSE and the NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Reservation Required | 
| QIB Shares Offered | Not Less than 75% of the net offer | 
| Retail Shares Offered | Not more than 10% of the net offer | 
| NII Shares Offered | Not more than 15% of the offer | 
Groww IPO GMP
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Groww IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains | 
| 31-10-2025 | ₹100.00 | ₹10.5 | ₹110.5 | 10.50% | 
| 30-10-2025 | ₹100.00 | ₹10.00 | ₹110.00 | 0.00% | 
| 29-10-2025 | ₹100.00 | ₹10.00 | ₹110.00 | 0.00% | 
As of 28th October, 2025, the Groww IPO GMP stands at ₹10.5 per share, indicating that the share is likely to list at ₹110.5 on its tentative listing date, 12th November, 2025.
GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Groww IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Groww IPO Review

Check out the detailed Groww IPO review for a thorough understanding of its potential to report listing gains. The Groww IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Groww IPO.
Groww Limited’s revenue increased by 45% from ₹2,795.99 crores in March 2024 to ₹4,061.65 crores in March 2025. Moreover, the company’s PAT increased by 327% from ₹-805.45 crores to ₹1,824.37 crores. Investors can analyse other relevant factors and make a decision accordingly.
Groww Limited’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for Groww’ IPO on its tentative listing day.
Technical Analysis
Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Groww IPO
| Key Indicators | Value | 
| PE Ratio (Price-to-Earnings) | 33.26 | 
| EPS (Earnings Per Share) | 3.01 | 
| RoNW | 37.57% | 
| ROCE | – | 
| ROE | – | 
| EBITDA Margin | 59.11% | 
| Price to Book Value | 11.76 | 
| Market Capitalisation | ₹61735.97 | 
The P/E ratio of Groww Limited’s shares is 33.06, and its Earnings Per Share (EPS) is 17.70. Thus, the Groww Limited IPO can deliver gains on its tentative listing day, 7th November 2025
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Groww Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO | 
| PE Ratio | 33.26 | 40.76 | 
| EPS | 3.01 | 2.45 | 
Groww IPO Subscription Status
The subscription status for the Groww IPO is yet to be announced. Stay informed on this passage to check the live Groww IPO subscription status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times | 
| QIB Shares Offered | Not more than 75% of the offer | Yet to be announced | Yet to be announced | 
| Retail Shares Offered | Not less than 10% of the offer | Yet to be announced | Yet to be announced | 
| NII (HNI) Shares Offered | Not less than 15% of the offer | Yet to be announced | Yet to be announced | 
About the Groww Limited Company Overview

Groww Limited was incorporated in 2017 and is based in Bengaluru. It is a fintech company that offers investors a variety of financial services. This enables customers to invest in and trade stocks, derivatives, bonds, and mutual funds.
- Groww is a well-known and preferred brand for investing across cities, towns and villages in India.
- High customer retention, engagement and price inelasticity.
- Customer-friendly design to enhance the investment experience.
- In-house technology stack to deliver a differentiated experience at low cost.
- Entrepreneurial and ownership-driven culture
- Strong execution delivering growth and profitability
Groww Limited Financials
The company’s financial analysis is essential before applying for Groww Limited’s IPO. Look at the table to learn about Groww Limited’s financials.
| Year Ended | 30th June 2025 | 31st March 2025 (in cr.) | 30th June 2024 | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) | 
| Assets | 12,713.18 | 10,077 | 10,819.10 | 8,017.97 | 4,807.78 | 
| Revenue | 98.47 | 4,061.65 | 1,047.58 | 2,795.99 | 1,260.96 | 
| Profit After Tax | 378.37 | 1,824.37 | 338.01 | -805.45 | 457.22 | 
| EBITDA | 418.75 | 2,371.01 | 482.66 | -780.88 | 398.78 | 
| Net Worth | 5,995 | 4,855.35 | 2,886.28 | 2,542.64 | 3,316.75 | 
| Reserve and Surplus | 5,506.78 | 3,51.92 | 2,821.41 | 2,477.76 | 4,445.63 | 
| Total Borrowing | 324.08 | 351.99 | 117.66 | 24.06 | – | 
Explanation
Groww Limited’s revenue increased by 45% from ₹2,795.99 crores in March 2024 to ₹4,061.65 crores in March 2025. Moreover, the company’s PAT increased by 327% from ₹-805.45 crores to ₹1,824.37 crores. Investors can analyse other relevant factors and make a decision accordingly.
Groww IPO Promoter Holdings
Have a look at the table below to check the holdings of Groww Limited’s promoters: Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh.
| Share Holding Pre-Issue | 28% | 
| Share Holding Post-Issue | – | 
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Groww IPO Objectives
The primary objective of the Groww IPO is to raise ₹6,632.30 crore. However, before applying for the IPO, you must know its secondary objectives. Explore them below.
- To expend towards cloud infrastructure
- Brand Building and performance marketing activities
- Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
- Investment in one of the Material Subsidiaries, GIT, for funding its MTF business
- Funding inorganic growth through unidentified acquisitions and general corporate purposes
Should I Invest in Groww IPO?
Explore the pros and cons of Groww’s IPO to decide whether to apply for it or avoid it. These pros and cons might help you understand the IPO’s potential to deliver profits in the coming decades.
Pros of Groww IPO
- Groww has positioned itself as a leading fintech player in the market.
- Groww IPO has a diversified business model.
- Being backed up by strong investors helps in reliability and growth potential
- The company has initiated IPO proceedings for growth, technology, and business expansion.
Cons of Studds Accesspries IPO
- High valuation risk
- Huge dependency on the market
- Faces intense competition
- Regulatory and legal compliance
- Execution risk
How to Invest in the Groww IPO?

Please follow the steps outlined below to apply for a position at Groww IPO Limited.
- Step 1: Conduct thorough research on the Groww IPO, including GMP status, subscription status, issue size, lot size, and other relevant details.
- Step 2: Open a demat account with Univest to gain real-time insights into GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Place a bid for one lot of 150 shares, valued at ₹15,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Groww IPO across multiple demat accounts to increase your chances of allotment.
How to Check Groww IPO Allotment Status?
You can check for the Groww IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Groww IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Groww IPO allotment status.
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Final Thoughts
Groww’s IPO is a bookbuilding IPO of ₹6,632.30 crore. The shares of Groww IPO Limited will be listed on the NSE and BSE on its tentative listing date of 12th November 2025. Researching the Groww IPO, including its GMP status and reviews, is highly recommended to secure the profitability you desire. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Stay informed with Univest to get regular updates on the Groww IPO, GMP, subscription, and more!
FAQs on Groww IPO
How is the Groww IPO?
Ans. As of 30th October 2025, the Groww IPO GMP (Grey Market Premium) stands at 54. It indicates that the estimated listing price could be ₹110.5 per share. It is a book-building IPO of 6,632.30 crore shares. The face value of each share of Groww IPO Limited is ₹10.
What is Groww’s IPO price?
Ans. The Groww IPO price range is ₹95.00 to ₹100.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 150 shares, worth ₹15,000. Moreover, HNIs are required to bid for a minimum of 14 lots (2,100 shares) worth ₹2,10,000.
Is the Groww IPO good?
Ans. Groww Limited’s revenue increased by 45% from ₹2,795.99 crores in March 2024 to ₹4,061.65 crores in March 2025. Moreover, the company’s PAT increased by 327% from ₹-805.45 crores to ₹1,824.37 crores. Investors can analyse other relevant factors and make a decision accordingly.
Who will be the registrar of the Groww IPO?
Ans. As per the recent updates, MUFG Intime India Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding Groww IPO GMP, allotment, and refund, you can contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-49186270.
What is the issue size of the Groww IPO?
Ans. Groww IPO is a book-building issue of ₹455.49 crore. Moreover, the IPO is set to open on 30th October 2025 and close on 3rd November 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Groww IPO, wait for the Groww IPO RHP and Groww IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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