How to Check Groww IPO Allotment Status

Billionbrains Garage Ventures Limited (Groww) is a Bengaluru-based fintech platform providing direct-to-customer digital investment and wealth creation solutions across mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. equities. Incorporated in 2017, Groww is among India’s leading retail investment platforms.

As of June 30, 2025, Groww reported total assets of ₹12,713.18 crore and employed 1,415 people.

The Groww IPO had a total issue size of ₹6,632.30 crore, comprising a fresh issue of ₹1,060.00 crore and an offer for sale of ₹5,572.30 crore. The IPO opened on November 4, 2025, and closed on November 7, 2025. The allotment is expected on Monday, November 10, 2025. The share price band was set at ₹95 to ₹100 per share.

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Steps to Check Groww IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt. Ltd. 
• Select "Groww" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Groww IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Groww" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Groww IPO Subscription Status

Groww IPO received strong investor response, being subscribed 17.59 times overall. Here is the category-wise breakdown as of 4:54:51 PM on November 7, 2025:

• QIB Category (Ex Anchor): 22.02 times
• Non-Institutional Investors (NII): 14.20 times
• Retail Investors: 9.41 times

Groww IPO Share Price and Investment Details

The minimum investment required was ₹15,000 for 1 lot (150 shares). The issue raised ₹2,984.54 crore from anchor investors. Given the overall subscription of 17.59 times, with strong participation from QIBs at 22.02 times and retail at 9.41 times, the listing expectations remain robust.

Utilisation of IPO Proceeds

The proceeds will be utilized for cloud infrastructure expenditure (₹152.50 crore), brand building and marketing (₹225.00 crore), investment in material subsidiaries GCS (₹205.00 crore) and GIT (₹167.50 crore), and funding inorganic growth along with general corporate purposes.

Business Overview

Groww provides an easy-to-use platform for investments across asset classes and is known for its customer-centric design, robust technology stack, and efficient cost structure. The company operates with a leadership position in the D2C digital investment space, holding a market share exceeding 26%.

Its key strengths include high customer retention, scalable technology, strong brand equity, and an entrepreneurial management team. However, investors should note the post-issue P/E ratio of 40.79 and Price-to-Book Value of 11.76.