Groww IPO
IPO Listing Details
- Listing Date
12 Nov 2025
- Listing Price
₹114.00
- Listing Change
14.00%
- Last Traded Price
₹147.96
Groww IPO Details
-
Open Date
04 Nov 2025
-
Close Date
07 Nov 2025
-
Listing Date
12 Nov 2025
- IPO Price Range
₹ 95 to ₹100
- IPO Size
₹ 6632.30 Cr
- Listing Exchange
BSE, NSE
Groww IPO Timeline
Groww IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Nov-2025 | 0.10 | 0.59 | 1.91 | 0.57 |
| 06-Nov-2025 | 0.20 | 2.26 | 5.02 | 1.64 |
| 07-Nov-2025 | 22.02 | 14.20 | 9.42 | 17.59 |
Last Updated: 07 November 2025 5:14 PM by 5paisa
Groww (Billionbrains Garage Ventures Ltd.), launching a ₹6,632.30 Cr IPO, is a Bengaluru-based fintech company offering a direct-to-customer digital investment platform that enables retail investors to build wealth through diverse financial products. Users can invest in mutual funds, stocks, derivatives, ETFs, IPOs, digital gold, and U.S. stocks. Popular for its user-friendly app, Groww also provides value-added services such as Margin Trading Facility, algorithmic trading, credit solutions, and New Fund Offers, alongside products like Groww AMC and mutual funds.
Established in: 2017
Managing Director: Lalit Keshre
Peers:
| Metric | Groww | Angel One Limited | Motilal Oswal Financial Services Limited | 360 One WAM Limited | Nuvama Wealth Management Limited | Prudent Corporate Advisory Services Limited |
| Face Value per Equity Share (₹) | 2 | 10 | 1 | 1 | 10 | 5 |
| P/E (times) | [●]# | 19.80 | 24.88 | 45.20 | 26.85 | 58.92 |
| Revenue from Operations (₹ Crores) | 3901.72 | 5238.38 | 8339.05 | 3295.09 | 4158.27 | 1103.56 |
| EPS (Basic) (₹) | 3.34 | 130.05 | 41.83 | 27.14 | 276.66 | 47.25 |
| EPS (Diluted) (₹) | 3.19 | 126.82 | 41.00 | 26.08 | 268.54 | 47.25 |
| RoNW (%) | 37.57 | 20.85 | 22.64 | 14.37 | 28.22 | 979.11 |
| Net Asset Value per Equity Share (Basic) (₹) | 8.89 | 623.72 | 185.24 | 188.89 | 979.11 | 161.25 |
Groww Objectives
1. The company will allocate ₹152.50 crore to strengthen its cloud infrastructure.
2. ₹225.00 crore will be utilised for brand building and marketing initiatives.
3. An investment of ₹205.00 crore will boost GCS’s capital base.
4. ₹167.50 crore will support GIT’s Margin Trading Facility business.
5. Remaining funds will go towards acquisitions and corporate needs.
Groww IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹6,632.30 Cr |
| Offer For Sale | ₹5,572.30 Cr |
| Fresh Issue | ₹1,060.00 Cr |
Groww IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | 14,250 |
| Retail (Max) | 13 | 1,950 | 1,95,000 |
| S-HNI (Min) | 14 | 2,100 | 1,99,500 |
| S-HNI (MAX) | 66 | 9,900 | 9,90,000 |
| B-HNI (Min) | 67 | 10,050 | 9,54,750 |
Groww IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 22.02 | 19,89,69,015 | 4,38,03,79,950 | 43,803.800 |
| Non-Institutional Buyers | 14.20 | 9,94,84,508 | 1,41,27,69,150 | 14,127.692 |
| bNII (bids above ₹10L) | 16.28 | 6,63,23,005 | 1,07,98,37,100 | 10,798.371 |
| sNII (bids below ₹10L) | 10.04 | 3,31,61,503 | 33,29,32,050 | 3,329.320 |
| Retail Investors | 9.42 | 6,63,23,005 | 62,49,98,100 | 6,249.981 |
| Total** | 17.59 | 36,47,76,528 | 6,41,81,47,200 | 64,181.472 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 1141.53 | 2609.28 | 3901.73 |
| EBITDA | 398.78 | -780.88 | 2371.00 |
| PAT | 457.72 | -805.45 | 1824.37 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 4807.78 | 8017.97 | 10077.31 |
| Share Capital | 20.66 | 20.73 | 365.63 |
| Total Borrowing | - | 24.06 | 544.36 |
| Cash Flows (₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | 547.82 | 884.97 | -962.16 |
| Net Cash Generated From / (used in) Investing Activities | -370.65 | -911.03 | 139.68 |
| Net Cash Generated From / (used in) Financing Activities | -5.46 | 3.74 | 875.66 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 328.83 | 307.89 | 361.10 |
Strengths
1. Strong digital platform with user-friendly mobile app
2. Diverse investment options across multiple asset classes
3. Rapidly growing retail investor base in India
4. Trusted brand with robust technological infrastructure
Weaknesses
1. High dependency on digital infrastructure reliability.
2. Limited physical presence for customer engagement.
3. Revenue concentration in select product categories.
4. Intense competition affecting customer retention rates.
Opportunities
1. Expanding financial literacy among young investors.
2. Increasing demand for online investment platforms.
3. Potential growth in credit and MTF segments.
4. Scope for international expansion and partnerships.
Threats
1. Regulatory changes impacting fintech business operations.
2. Cybersecurity risks due to digital dependence.
3. Rising competition from established financial players.
4. Market volatility affecting investor confidence and activity.
1. Strong brand recognition among retail and young investors.
2. Consistent growth across multiple financial product segments.
3. Focused investment in technology and user experience.
4. Expanding opportunities within India’s booming fintech landscape.
Groww stands at the forefront of India’s rapidly evolving fintech sector, driven by increasing retail participation and growing trust in digital investments. With a strong user base, expanding product portfolio, and a focus on innovation, Groww is well-positioned for long-term growth. Its planned investments in technology, marketing, and subsidiary expansion aim to strengthen its market presence and enhance overall profitability.
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FAQs
Groww IPO opens from November 4, 2025 to November 7, 2025.
The size of Groww IPO is ₹6,632.30 Cr.
The price band of Groww IPO is fixed at ₹95 to ₹100 per share.
Once the Groww IPO is officially open, one can simply follow the process to apply for the IPO:
To apply for Groww IPO, follow the steps given below:
1. Login to your 5paisa demat account and select the issue in the current IPO section
2. Enter the number of lots and the price at which you wish to apply for the Groww IPO
3. Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Groww IPO is of 150 shares and the investment required is ₹14,250.
The share allotment date of Groww IPO is November 10, 2025.
The Groww IPO will likely be listed on November 12, 2025.
Kotak Mahindra Capital Company Limited is the book running lead managers for Groww IPO.
Groww IPO plans to utilise the raised capital from the IPO for:
1. The company will allocate ₹152.50 crore to strengthen its cloud infrastructure.
2. ₹225.00 crore will be utilised for brand building and marketing initiatives.
3. An investment of ₹205.00 crore will boost GCS’s capital base.
4. ₹167.50 crore will support GIT’s Margin Trading Facility business.
5. Remaining funds will go towards acquisitions and corporate needs.