Groww IPO subscribed 17.60 times overall on the last day, a retail quota was subscribed over 9.43 times, NII was subscribed over 14.20 times, and QIB was subscribed over 22.02 times.
Groww IPO details
Groww IPO received an approval from SEBI for an IPO of ₹6,632.30 crores, wherein fresh issue was ₹1,060 crores and offer for sale up to 55,72,30,051 equity shares with face value of ₹2 each. The Company has a price band of ₹95 to ₹100 per share.
How many shares did investors receive in this IPO??
- Retail minimum investors got 150 shares in 1 lot size.
- Retail Maximum investors got 1950 shares, 13 lot sizes.
- S-HNI minimum investors got 2100 shares, 14 lot sizes.
- S-HNI Maximum investors got 9,900 shares, 66 shares.
- B-HNI minimum got 10,050 shares, 67 lot sizes.
To invest in the Groww IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹15,000.
- Retail Investors: Maximum investment of ₹1,95,000.
- SHNI (S-HNI): Minimum investment of ₹2,10,000.
- S-HNI Max: investment of ₹9,90,000.
- B-HNI: Minimum investment of ₹10,05,000.
Groww IPO’s Subscription Duration
Groww ‘s IPO subscription started on November 4, 2025, and closed on November 7, 2025. The Groww IPO allotment date was November 10, 2025, and the refund will be received on November 11, 2025. The Groww IPO listing is on November 12, 2025.
Groww’s IPO Funds Deployment
The IPO money will be used for the Expenditure towards cloud infrastructure.
Some of the amount would be utilised for Brand building and performance marketing activities.
Some of the IPO proceeds will be used for Investment in one of the Material Subsidiaries, GCS, an NBFC, for augmenting its capital base.
Some of the money will be used for the Investment in one of the Material Subsidiaries, GIT, for funding its MTF business.
Some of the money will be used for the Funding inorganic growth through unidentified acquisitions and general corporate purposes.
About the Groww IPO Company
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.
