Groww IPO Date, Review, Price, Allotment Details
Groww IPO will open for subscription on November 4, 2025, and close on November 7, 2025. It is a Book Built Issue, through which the company aims to raise approximately ₹6,632.30 crores. This includes a fresh issue worth ₹1,060 crores and an offer for sale of up to 55,72,30,051 equity shares with a face value of ₹2 each.
The price band for the Groww IPO is set between ₹95 and ₹100 per share. The retail investor quota is 10%, QIBs (Qualified Institutional Buyers) are allocated 75%, and HNIs (High Net-worth Individuals) have 15% reserved. The shares are expected to list on both the BSE and NSE on November 12, 2025, while the IPO allotment date is November 10, 2025.
For the financial year 2025, the company reported a revenue of ₹4,061.65 crores, up from ₹2,795.99 crores in 2024. It also posted a profit of ₹1,824.37 crores in 2025 compared to a loss of ₹805.45 crores in 2024. Based on these strong financials, long-term investors may find this IPO a promising opportunity.
Groww IPO Details
Groww IPO Market Lot
The minimum market lot for the Groww IPO is 150 shares, requiring a minimum investment of ₹15,000. Retail investors can apply for a maximum of 13 lots, which equals 1,950 shares with a total application amount of ₹1,95,000.
IPO Reservation
Groww IPO Anchor Investors
Groww IPO Dates
The Groww IPO will open on November 4, 2025, and close on November 7, 2025. The IPO allotment is expected to be finalized on November 10, 2025, with the listing date set for November 12, 2025.
Promoters and Holding Pattern
The promoters of Groww are Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh.
Objects of the Issue & Utilisation of Proceeds
About Groww IPO
Groww is one of India’s leading direct-to-customer digital investment platforms, offering a comprehensive suite of financial products and services aimed at helping users build and grow their wealth. The platform allows investors to trade and invest in stocks (including IPOs), F&O, ETFs, digital gold, U.S. stock derivatives, bonds, and mutual funds (including the Groww Mutual Fund), among other investment options.
Through its app and website, Groww provides users with access to investment tools, insights, and market data to help them make informed financial decisions. The platform is particularly popular among IPO and mutual fund investors for its intuitive, user-friendly interface and technology-driven simplicity, which make investing easier and more accessible.
As of June 30, 2025, Groww serves customers across 98.36% of India’s pin codes, reflecting its deep market penetration and widespread adoption. With a workforce of 1,415 employees, the company remains committed to enhancing the investing experience and building long-term relationships with its customers by continuously adapting to their evolving financial needs.
Groww IPO Company Financial Report
Amount ₹ in Crores
Groww IPO Valuation – FY2025
Check Groww IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Peer Group Comparison
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: corp.secretarial@groww.in
Website: http://www.groww.in/
IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: groww.ipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html