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Groww IPO — Date, Price Band, GMP & Allotment 2025

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Groww is one of India’s fastest-growing online investment platforms, offering services in stocks, mutual funds, IPOs, F&O, and more. The company has filed for its IPO to raise funds for business expansion, technology improvement, and brand growth. With a strong retail investor base and simple app interface, Groww aims to strengthen its position in India’s digital investing space through this public issue. .

Open 04 Nov 2025
Close 07 Nov 2025
Allotment 10 Nov 2025
Listing 12 Nov 2025

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Stock Price

As the IPO is listed, here is the Live Share Price for Groww

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IPO Summary

IPO Dates 4 to 7 Nov, 2025
Price Band ₹95 to ₹100
Face Value ₹2
Lot Size 150 Shares
Issue Size ₹6632.30 Cr
Listing On BSE, NSE
Min Investment ₹ 15,000

What is the Groww IPO Timetable?

Track the IPO schedule and key events.

Event Date Day
IPO Open Date 04 Nov, 2025 Tuesday
IPO Close Date 07 Nov, 2025 Friday
Basis of Allotment 10 Nov, 2025 Monday
Refunds Initiated 11 Nov, 2025 Tuesday
Credit to Demat 11 Nov, 2025 Tuesday
Listing Date 12 Nov, 2025 Wednesday

What is the Groww IPO Lot Size?

Bidding in multiples of 150 shares.

Application Lots Shares Amount
Retail (Min) 1 150 ₹15,000
Retail (Max) 13 1950 ₹1,95,000
S-HNI (Min) 14 2100 ₹2,10,000
S-HNI (Max) 66 9900 ₹9,90,000
B-HNI (Min) 67 10050 ₹10,05,000

About Groww

Groww was founded in 2016 by former Flipkart employees Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal. The company started with a simple mission to make investing easy and accessible for first-time investors in India. Initially focused on direct mutual fund investments, Groww gradually expanded its offerings to include equities, ETFs, IPO investments, and digital gold. Headquartered in Bengaluru, the platform has witnessed rapid growth, driven by increasing retail participation in financial markets and its user-friendly mobile-first approach.

Groww operates as a digital brokerage and wealth management platform, providing a seamless interface for users to invest, track, and manage their portfolios. Its business model is primarily driven by brokerage charges on stock transactions, premium features, and distribution commissions on financial products. The company emphasizes a clean, educational, and transparent investing experience, targeting young and first-time investors. With a strong focus on technology, low-cost structure, and customer acquisition through digital channels, Groww has established itself as one of India’s leading investment platforms.

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Groww Key Performance Indicators (KPIs)

Objects of the Issue

Issue Object
Expenditure towards cloud infrastructure
Estimate Amount ₹152.50 Cr.
Issue Object
Brand building and performance marketing activities
Estimate Amount ₹225 Cr.
Issue Object
Investment in one of our Material Subsidiaries, GCS, an NBFC, for augmenting its capital base
Estimate Amount ₹205 Cr.
Issue Object
Investment in one of our Material Subsidiaries, GIT, for funding its MTF business
Estimate Amount ₹167.5 Cr.
Issue Object
Funding inorganic growth through unidentified acquisitions and general corporate purposes
Estimate Amount ₹265.98 Cr.

Company Financials

The Groww company's financial performance (in ₹ Cr.) is summarized below:

Metric 30 Jun 2025 31 Mar 2025 30 Jun 2024
Revenue 948.47 4,061.65 1,047.58
OPM % 60.8 55.6
EBITDA 418.75 2,371.01 482.66
Net Profit 378.37 1,824.37 338.01
Debt 324.08 351.99 117.66
Assets 12,713.18 10,077.31 10,819.10

See how this IPO compares — view listing performance of all mainboard IPOs.

Promoters and Shareholding Details

Promoter holding details will be updated as soon as they are officially announced.

Frequently Asked Questions

What is the GMP of Groww?

The current Grey Market Premium (GMP) of Groww is ₹ 0.

What is the Groww IPO Price Band?

The price band for Groww IPO is ₹95 to ₹100.

When is the Groww IPO Allotment?

The allotment date for Groww IPO is November 10, 2025.

How to check Groww IPO Allotment Status?

You can check the allotment status on the IPO Allotment Status page or on the registrar's website (MUFG Intime India Pvt.Ltd.).

Official Documents

Company Contact Details

Groww

Vaishnavi Tech Park, South Tower, 3rd Floor, Sarjapur Main Road, Bellandur, Bangalore Urban, Karnataka, 560103

+91 80 6960 1300

https://www.groww.in

Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

Website

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