Groww IPO Details
| IPO Open Date | November 4, 2025 |
| IPO Close Date | November 7, 2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹95 to ₹100 Per Share |
| Issue Size | Approx ₹6,632.30 Crores |
| Fresh Issue | Approx ₹1,060 Crores |
| Offer for Sale: | Approx 55,72,30,051 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Groww IPO Review & Key Points
- Review:
Groww IPO Market Lot
The Groww IPO minimum market lot is 150 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 1,950 shares of ₹1,95,000 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 150 | ₹15,000 |
| Retail Maximum | 13 | 1,950 | ₹1,95,000 |
| S-HNI Minimum | 14 | 2,100 | ₹2,10,000 |
| S-HNI Maximum | 66 | 9,900 | ₹9,90,000 |
| B-HNI Minimum | 67 | 10,050 | ₹10,05,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Groww IPO Anchor Investors
| Anchor Bidding Date | November 3, 2025 |
| Anchor Investors List | |
| Shares Offered | 298,453,523 Shares |
| Anchor Size | ₹2,984.54 Cr. |
| lock-in period end date 50% shares (30 Days) | December 10, 2025 |
| lock-in period end date 50% shares (90 Days) | February 8, 2026 |
Groww IPO Dates
The Groww IPO date is November 4 and the close date is November 7. The Groww IPO allotment will be finalized on November 10 and the IPO listing on November 12.
| IPO Open Date: | November 4, 2025 |
| IPO Close Date: | November 7, 2025 |
| Basis of Allotment: | November 10, 2025 |
| Refunds: | November 11, 2025 |
| Credit to Demat Account: | November 11, 2025 |
| IPO Listing Date: | November 12, 2025 |
| IPO Bidding Cut-off Time: | November 7, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Lalit Keshre, Harsh Jain, Ishan Bansal and Neeraj Singh.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 6,06,75,96,631 | 28% |
| Promoter Holding Post Issue | 6,17,35,96,631 | 27.51% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Expenditure towards cloud infrastructure | 152.50 |
| Brand building and performance marketing activities | 225.00 |
| Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base | 205.00 |
| Investment in one of the Material Subsidiaries, GIT, for funding its MTF business | 167.50 |
| Funding inorganic growth through unidentified acquisitions and general corporate purposes |
About Groww IPO
Groww is one of the leading direct-to-customer digital investment platforms that offers a wide range of financial products and services to help grow their financial wealth. Groww offers its clients the ability to trade and invest in stocks (including via IPOs), F&O, ETFs, digital gold, U.S. stock derivatives, bonds, mutual funds (including Groww Mutual Fund), and other products.
Through the Groww app and website, customers can use tools, information, and market insights to plan their investment strategies easily. Its app is especially famous among IPO and mutual fund investors. Investing was never easy until Groww created a simple, user-friendly design and used technology that makes your investment easier and smoother. As of June 30, 2025, the company serves people from all parts of India, covering 98.36% of pin codes. The company’s goal is to meet the customer’s changing needs by offering them a smooth investing experience by building long-term relationships with them. Groww includes a total of 1415 employees as of June 30, 2025.
Groww IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹1,260.96 | ₹757.12 | ₹457.72 | ₹4,807.78 |
| 2024 | ₹2,795.99 | ₹2068.11 | ₹805.45 | ₹8,017.97 |
| 2025 | ₹4,061.65 | ₹1596.49 | ₹1,824.37 | ₹10,077.31 |
| June 2025 | ₹948.47 | ₹444.67 | ₹378.37 | ₹12,713.18 |
Groww IPO Valuation – FY2025
Check Groww IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 37.57% |
| ROCE: | -% |
| EBITDA Margin: | 59.11% |
| PAT Margin: | 44.92% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹3.34 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 37.57% |
| Net Asset Value (NAV): | ₹8.89 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Angel One Limited | 130.05 | 17.52 | 20.85% | 623.72 | 5238.38 Cr. |
| Motilal Oswal Financial Services Limited | 41.83 | 22.39 | 22.64% | 185.24 | 8339.05 Cr. |
| 360 One WAM Limited | 27.14 | 40.98 | 14.37% | 188.89 | 3295.09 Cr. |
| Nuvama Wealth Management Limited | 276.66 | 23.99 | 28.22% | 979.11 | 4158.27 Cr. |
| Prudent Corporate Advisory Services Limited | 47.25 | 59.40 | 29.30% | 161.25 | 1103.56 Cr. |
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Co.Ltd.
- JP Morgan India Pvt.Ltd.
- Citigroup Global Markets India Pvt.Ltd.
- Axis Capital Ltd.
- Motilal Oswal Investment Advisors Ltd.
Company Address
Billionbrains Garage Ventures Ltd.
Vaishnavi Tech Park,
South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bangalore Urban, Karnataka, 560103
Phone: +91 80 6960 1300
Email: [email protected]
Website: http://www.groww.in/
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Groww IPO FAQs
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What is the Groww IPO Allotment Date?
What is the Groww IPO Listing Date?
Note: The Groww IPO price band and date are officially announced. The (Groww IPO grey market premium) will be added to the IPO GMP page as it will start).
2 Responses
bhai ye batao ki listing kitne upar hogi
Hi Mahendra
If market open in Green, we are expecting around 5% listing gain as per the sources. Lets hope for the positive listing of Groww.