Groww IPO Sees Strong Demand on Final Day
The Groww IPO, operated by Billionbrains Garage Ventures Ltd., is in its final day of bidding today, Friday, November 7, and investors are watching closely as the subscription window closes.
The ₹6,632.30 crore public issue — a mix of fresh shares worth ₹1,060 crore and an offer for sale (OFS) of ₹5,572.30 crore by existing investors — is attracting heavy retail interest. The IPO is priced between ₹95 and ₹100 per share, with a lot size of 150 shares.
Read More :- Groww IPO Opens For Subscription: Here’s Everything You Need To Know About Day 1 Status, Price Band & GMP
Subscription Status So Far
As per NSE data till Day 2, the Groww IPO was subscribed 1.64 times, receiving 59.82 crore bids against 36.47 crore shares on offer.
- Retail Investors (RII): 5.02x subscribed
- Non-Institutional Investors (NII): 2.26x subscribed
- Qualified Institutional Buyers (QIB): 0.20x subscribed
Final subscription numbers for Day 3 will be updated post 10 am today, and expectations are high that the issue could close with robust oversubscription across categories.
How the IPO Funds Will Be Used
According to the company’s prospectus, the fresh issue proceeds will go towards:
- Expanding cloud infrastructure
- Brand-building and marketing initiatives
- Investments in material subsidiaries
- Strategic acquisitions for inorganic growth
- General corporate purposes
Groww, a direct-to-customer digital investment platform, allows users to trade and invest in stocks, bonds, mutual funds, derivatives, and more — making it one of India’s fastest-growing fintech brands.
IPO Allotment & Listing Dates
- Basis of Allotment: Monday, November 10, 2025
- Listing Date: Wednesday, November 12, 2025
- Expected Listing Exchanges: BSE and NSE
Investors can check their Groww IPO allotment status online once the allotment is finalized. Here’s how.
🔹 How to Check Groww IPO Allotment Status
1. On MUFG Intime India
- Visit: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- Select ‘Billionbrains Garage Ventures Limited’
- Enter your PAN, Account No/IFSC, Application No, or DP/Client ID
- Click on Submit
2. On NSE
- Go to: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Choose ‘Equity & SME IPO bid details’
- Select ‘GROWW’ from the list
- Enter PAN and Application Number
- Hit Submit
3. On BSE
- Visit: https://bseindia.com/investors/appli_check.aspx
- Keep Issue Type: Equity
- Select ‘Billionbrains Garage Ventures Limited’
- Enter PAN or Application Number
- Click Search
Read More :- Lenskart, Studds & Orkla India IPOs Heat Up Dalal Street — Check Price Band, GMP & Allotment Updates Today!
Groww IPO GMP Update
According to market trackers like Investorgain.com, Groww’s unlisted shares are currently trading at ₹111 in the grey market — a premium of ₹11 (11%) over the upper price band of ₹100 per share.
However, do note that Grey Market Premium (GMP) is unofficial and not regulated by SEBI or stock exchanges. Investors should consider GMP as an indicator, not a guarantee, and always do their own research before investing.
Final Thoughts
With its strong brand recall and growing retail investor base, Groww’s IPO is one of the most talked-about fintech listings this year. The company’s focus on technology-driven investing and accessibility has already made it a household name for new-age investors in India.
If the market response continues at this pace, the Groww IPO could close on a strong note — signaling investor confidence in India’s booming digital finance ecosystem.
