Groww IPO Subscription Day 3: Check Online

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 

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. 

Groww IPO Subscription Status

As of now, the Groww IPO has been subscribed to 13.67 times. Of these, 8.54 times are subscribed by retail investors, 11.81 times by non-institutional investors, and 16.31 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 6th November 2025. 

The grey market premium for this IPO is 6.50% or Rs 6.5 per share. It indicates that the estimated listing price per share is Rs 106.5. 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. 

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. 

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.

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 6.50% jump in Groww IPO GMP suggests the estimated listing price per share will be around Rs 106.5.

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

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

Download the Univest iOS App or the Univest Android App to get daily stock recommendations and insightful research pieces!

Recent Articles

Max Healthcare Q1 Results FY26: Q1 PAT Rises 30.35% to ₹307.97 Crore; Revenue Up 31.41% YoY

Minda Corporation Q1 Results FY26: Q1 PAT Rises 1.73% to ₹65.31 Crore; Revenue Up 16.23% YoY

Bharat Dynamics Q1 Results FY26: Q1 PAT Rises 154.30% to ₹18.35 Crore; Revenue Up 29.69% YoY

Elitecon International Q1 Results FY26: Q1 PAT Rises 349.99% to ₹20.41 Crore; Revenue Up 301.98% YoY

Elgi Equipments Q1 Results FY26: Q1 PAT Rises 17.58% to ₹85.60 Crore; Revenue Up 8.19% YoY

Aavas Financier Q1 Results FY26: Q1 PAT Rises 10.41% to ₹139.23 Crore; Revenue Up 15.70% YoY

Groww IPO IPO GMP: Day 2 IPO Live Updates