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Groww IPO GMP: Day 2 IPO Live Updates

Posted by : sachet | Thu Nov 06 2025

Groww IPO GMP: Day 2 IPO Live Updates

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The Groww IPO GMP is ₹12.5 as of 6th November 2025. It is a book-building IPO of ₹6,632.30 crore, comprising a fresh issue of 10.60 crore shares, and an offer for sale of 55.72 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 2nd November 2025. The face value of Groww shares is ₹2 per share, and the IPO price band is set at ₹95 to ₹100 per share. Retail investors can bid for a minimum of 1 lot of 150 shares, worth ₹15,000.

Groww IPO Grey Market Premium

As of 6th November 2025, the GMP for the Groww IPO stands at ₹12.5 per share. Thus, the estimated listing price would be ₹112.5. This indicates that the estimated listing gain in this IPO could be 12.50%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for GMP updates on the Groww IPO.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
6-11-2025₹100.00₹12.50₹112.512.50%
5-11-2025₹100.00₹14.75₹114.7514.75%
4-11-2025₹100.00₹14.00₹114.0014.00%
3-11-2025₹100.00₹16.50₹116.5016.50%
2-11-2025₹100.00₹16.70₹116.4016.70%
1-11-2025₹100.00₹16.00₹116.0016.00%
31-10-2025₹100.00₹16.00₹116.0015.00%
30-10-2025₹100.00₹15.00₹115.0015.00%
29-10-2025₹100.00₹10.00₹100.000.00%
28-10-2025₹100.00₹10.00₹100.000.00%

Groww IPO Details

IPO Open Date4th November 2025
IPO Close Date7th November 2025
IPO Allotment Date10th November 2025
Refund Initiation 11th November 2025
Face Value₹2 per share
Price Band₹95 to ₹100 per share
Lot Size150 Shares
Issue Size66,32,30,051 shares(aggregating up to ₹6,632.30 Cr)
Fresh issue10,60,00,000 shares(aggregating up to ₹1,060.00 Cr)
Offer for sale55,72,30,051 shares of ₹2(aggregating up to ₹5,572.30 Cr)
Issue Type Bookbuilding IPO
Listing AtBSE and NSE
Listing Date12th November 2025

Explanation

Groww IPO: Groww Limited has announced the issue price of ₹95 to ₹100 per share. With this IPO, the company allows retail investors to bid for one lot of 150 shares worth ₹15,000. The face value of Groww Limited shares is ₹2 per share. The shares of Groww Limited will be listed on BSE and NSE on its tentative listing day, 12th November 2025. Scroll down to view GMP updates and reviews of the Groww IPO

Objectives of the Groww IPO

The primary objective of the Groww IPO is to raise ₹6,632.30 crore. However, before applying for the IPO, you should be aware of 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, to augment 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

Groww IPO Registrar

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.

Groww IPO Review  

The Groww IPO has gained neutral ratings from industry experts, brokers, and institutional investors. 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. Investors can analyse pertinent other factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Groww IPO or not.

Technical Analysis

Several 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 IndicatorsValue
PE Ratio (Price-to-Earnings) 33.26
EPS (Earnings Per Share)3.01
RoNW37.57%
ROCE
ROE
EBITDA Margin59.11%
Price to Book Value11.76
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 Mittal Solutions Limited are subject to change following the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio33.2640.76
EPS 3.012.45

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FAQs on Groww IPO

What is the GMP of the Groww IPO?

Ans. As of 6th November 2025, the Groww (Grey Market Premium) stands at ₹12.5. This suggests that the estimated listing price could be 112.50% of the share price.

What is the issue price of the Groww IPO?

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.

Who is the registrar of the Groww IPO?

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.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Groww IPO, download the Groww IPO RHP and Groww IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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