
Groww IPO Subscription Day 1: Check Online
Posted by : sachet | Tue Nov 04 2025

Check Expert’s Verdicts on Groww IPO.
Here is the Groww IPO launched on 4th November 2025. Bidding for the issue will close on 7th November 2025. The primary aim of the Groww IPO is to raise ₹6,632.30 crores from the market. Additionally, the Groww IPO has received an impressive level of subscription, indicating that the shares will likely be listed at a premium. Scroll down to check the Groww IPO subscription and details.
Groww IPO Details
| IPO Open Date | 4th November 2025 |
| Face Value | ₹2 per share |
| Price Band | ₹95 to ₹100 per share |
| Lot Size | 150 shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & NSE |
| IPO Close Date | 7th November 2025 |
| Listing Date | 12th November 2025 |
The price band for the Groww IPO has been prescribed at ₹95 to ₹100 per share, with a total of 66,32,30,051 shares issued. Let’s segregate the share quota fixed for different categories of investors.
| Categories | Shares Offered | % Shares Offered |
| QIB Shares Offered | 42,74,22538 | 75.00% |
| NII (HNI) Shares Offered | 9,94,84,508 | 15.00% |
| Retail Investors | 6,63,23,005 | 10.00% |
| Total Shares Offered | 66,32,30,051 | 100.00% |
Groww IPO Subscription Status
As of now, the Groww IPO has been subscribed to 0.26 times. Of these, 1.15 times are subscribed by retail investors, 0.24 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Groww IPO, scheduled for listing on 10th November 2025. Groww’s IPO also has a positive outlook, with the fresh issue of 10.60 shares to raise around Rs 6,632.30 crores.
Groww IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Groww IPO GMP for 4th November 2025.
The grey market premium for this IPO is 18.00% or Rs 18 per share. It indicates that the estimated listing price per share is Rs 118. Numerous factors played a pivotal role in the jump in Groww IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 4-11-2025 | ₹100.00 | ₹18.00 | ₹118.00 | 18.00% |
| 3-11-2025 | ₹100.00 | ₹16.50 | ₹116.50 | 16.50% |
| 2-11-2025 | ₹100.00 | ₹16.70 | ₹116.40 | 16.70% |
| 1-11-2025 | ₹100.00 | ₹16.00 | ₹116.00 | 16.00% |
| 31-10-2025 | ₹100.00 | ₹16.00 | ₹116.00 | 15.00% |
| 30-10-2025 | ₹100.00 | ₹15.00 | ₹115.00 | 15.00% |
| 29-10-2025 | ₹100.00 | ₹10.00 | ₹100.00 | 0.00% |
| 28-10-2025 | ₹100.00 | ₹10.00 | ₹100.00 | 0.00% |
About Groww IPO Ltd.
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.
Technical Indicators
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 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 |
Groww IPO Listing Expectations
Groww IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 18.00% jump in Groww IPO GMP suggests the estimated listing price per share will be around Rs 118.
It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Groww IPO Dates
| IPO Open Date | 4th November 2025 |
| IPO Close Date | 7th November 2025 |
| Allotment | 10th November 2025 |
| Refund Date | 11th November 2025 |
| IPO Listing Date | 12th November 2025 |
Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.
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