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Groww IPO Subscription Status

Groww IPO was subscribed 17.6 times when bidding closed on 7 Nov 2025: QIB 22.02x, NII 14.2x, Retail 9.43x.

The Groww IPO has been subscribed 17.6x times overall. Retail investors have shown interest with bids for 9.43x the shares available. The Non-Institutional Investor (NII) category has been subscribed 14.2x. Within NII, Big HNI (B-HNI) subscribed 16.28x and Small HNI (S-HNI) subscribed 10.04x. Qualified Institutional Buyers (QIBs) have subscribed 22.02x. Data last updated on 27 Aug, 12:02 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 04 Nov, 2025 and closes on 07 Nov, 2025. The shares are expected to list on stock exchanges on 12 Nov, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 27 Aug 2026, 12:02 PM
Category Bid details Times
QIB 4,38,03,79,950 of 19,89,69,016 43,803.80 Cr 22.02x
NII 1,41,28,99,200 of 9,94,84,507 14,128.99 Cr 14.2x
Retail 62,54,21,250 of 6,63,23,005 6,254.21 Cr 9.43x
TOTAL 6,41,87,00,400 30,59,836 applications 64,187.00 Cr 17.6x

Groww IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹100.

Applications
30,59,836
Allottees
4,89,850
Overall odds
1 in 6.2
Amount collected
₹66,894 Cr
Category Apps Got Odds
TOTAL 10.09x subscribed 30,59,836 4,89,850 1 in 6.2

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 10.6% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 22.02x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
07 Nov 2025
Day 3
17.60x ▼
QIB22.02x BHNI- SHNI- Retail9.43x
06 Nov 2025
Day 2
1.64x ▼
QIB0.20x BHNI- SHNI- Retail5.02x
04 Nov 2025
Day 1
0.57x ▼
QIB0.10x BHNI- SHNI- Retail1.91x

Groww IPO dates

From the bidding window to listing. Today is 3 October.

Key dates Listed
  1. Open 04 Nov 2025
  2. Close 07 Nov 2025
  3. Allotment 10 Nov 2025
  4. Refund/credit 11 Nov 2025
  5. Listing 12 Nov 2025

Groww IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 10
~10.6% chance per PAN — based on 9.43x subscription. Winners get exactly 1 lot (₹15,000) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 11
~10% chance — based on 10.04x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 17
~6.1% chance — based on 16.28x subscription. Lottery allots the minimum B-HNI application of 67 lots (₹10.1 L) per winner; the rest is proportionate.
QIB (institutions)
22.02x
Proportionate allotment — at 22.02x, institutions receive ~4.5% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Groww IPO?

As of IPO close date (07 Nov, 2025), the Groww IPO is subscribed 17.6x times. Retail category is 9.43x, and NII is 14.2x subscribed.

When is the allotment date for Groww IPO?

The allotment for Groww IPO is expected to be finalized on 10 November, 2025.

When will Groww IPO list on the stock market?

Groww is scheduled to list on BSE and NSE on 12 November, 2025.

What are the chances of getting allotment in Groww IPO?

The retail category is oversubscribed at 9.43x, meaning allotment is by lottery. Statistically, approximately 1 in 10 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 22.02x mean for Groww IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 22.02x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Groww IPO allotment status?

After the allotment date (10 Nov, 2025), you can check your Groww IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
17.6x
QIB
22.02x
NII
14.2x
Retail
9.43x
Full IPO details