Groww IPO
Groww IPO — date, price band, GMP & allotment 2025
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. .
Stock price
Groww is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 15 September.
- Open 04 Nov 2025
- Close 07 Nov 2025
- Allotment 10 Nov 2025
- Refund/credit 11 Nov 2025
- Listing 12 Nov 2025
Issue summary
The terms of the offer, as filed.
| IPO Dates | 4 to 7 Nov, 2025 |
|---|---|
| Price Band | ₹95 – ₹100 |
| Face Value | ₹2 |
| Lot Size | 150 Shares |
| Issue Size | ₹6632.30 Cr |
| Sale Type | Fresh capital cum OFS |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 15,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 150 shares at the ₹100 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 150 | ₹15,000 |
| Retail (max) | 13 | 1,950 | ₹1,95,000 |
| S-HNI (min) | 14 | 2,100 | ₹2,10,000 |
| S-HNI (max) | 66 | 9,900 | ₹9,90,000 |
| B-HNI (min) | 67 | 10,050 | ₹10,05,000 |
Three years of numbers
All figures in ₹ crore, as reported in the Groww offer document.
| 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.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Groww RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Groww IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹2.45 |
| P/E Ratio (x) | 40.79 |
| Market Cap at Offer Price (₹ Cr) | ₹15,443.67 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹100 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹1,015.98 Cr of the issue is earmarked to named objects.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 80 6960 1300
The bankers & the filings
Who is running the book, and the documents this page is built from.
Groww IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
27 issues handledBest listing: LG Electronics India (+50.0%). Weakest: Clean Max Enviro Energy Solutions (-8.8%).
Motilal Oswal Investment Advisors
21 issues handledBest listing: Kusumgar (+37.0%). Weakest: Turtlemint Fintech Solutions (-10.4%).
Kotak Mahindra Capital Co.Ltd.
15 issues handledBest listing: Corona Remedies (+38.4%). Weakest: Amagi Media Labs (-12.2%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Groww?
The current Grey Market Premium is ₹0.
What is the Groww IPO price band?
₹95 to ₹100, on a face value of ₹2.
When is the allotment?
The basis of allotment is 10 November 2025, with listing on 12 November 2025.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
