Groww IPO Sees Exceptional Demand, Subscribed 17.59x on Day 3

Billionbrains Garage Ventures Limited's (Groww) initial public offering (IPO) has demonstrated exceptional investor interest through its third day of subscription. The stock price band is set at ₹95-100 per share. The ₹6,632.30 crore IPO reached 17.59 times by 4:54:51 PM on day three. 

Groww IPO qualified institutional buyers segment leads with exceptional 22.02 times subscription. Non-institutional investors demonstrate exceptional participation at 14.20 times. Retail investors display exceptional interest at 9.41 times. 

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Groww IPO subscription reached exceptional 17.59 times on day three. It was led by Qualified Institutional Buyers Ex-Anchor (22.02x), Non-Institutional Investors (14.20x), and Retail Investors (9.41x). Total applications reached 31,32,860.

Subscription Status of Groww IPO:

Here are the subscription details for Groww IPO as of Day 3 (November 7, 2025, 4:54:51 PM):

Key Highlights - Day 3:

• Overall subscription reached exceptional 17.59 times, showing extraordinary improvement from day two's 1.64 times
• Qualified institutional buyers (ex-anchor) displaying exceptional interest at 22.02 times, building dramatically from day two's 0.20 times, indicating very strong institutional appetite for India's leading digital investment platform
• Retail investors displaying exceptional confidence at 9.41 times, building substantially from day two's 5.02 times, indicating robust retail demand
• Total applications reached 31,32,860, showing exceptional investor participation for this mainboard IPO, a significant increase from day one's 5,61,491 applications
• Cumulative bid amount reached ₹64,166.10 crores, significantly exceeding the net offer size of ₹3,647.77 crores (excluding anchor portion) by over 17 times

Groww IPO - Day 2 Subscription at 1.64 Times

Key Highlights - Day 2:

• Overall subscription reached moderate 1.64 times, showing substantial improvement from day one's 0.57 times
• Retail investors displaying strong confidence at 5.02 times, building substantially from day one's 1.91 times
• Non-institutional investors showing moderate performance at 2.26 times, building substantially from day one's 0.59 times
• Qualified institutional buyers showing weak participation at 0.20 times, marginally improving from day one's 0.10 times

Groww IPO - Day 1 Subscription at 0.57 Times

Key Highlights - Day 1:

• Overall subscription reached modest 0.57 times, showing cautious initial investor interest
• Retail investors showing moderate performance at 1.91 times, indicating healthy retail appetite
• Non-institutional investors displaying weak confidence at 0.59 times, showing subdued HNI interest
• Qualified institutional buyers showing minimal participation at 0.10 times, indicating very weak institutional appetite

About Billionbrains Garage Ventures Limited (Groww)

Incorporated in 2017, Groww is a Bengaluru-based fintech company that provides retail investors a direct-to-customer digital investment platform offering wealth creation opportunities through multiple financial products and services. The company's platform enables investments in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks. Groww also offers value-added services including Margin Trading Facility (MTF), algorithmic trading, New Fund Offers (NFOs), and credit solutions. The "Groww" brand is recognized as a preferred platform for investing across cities, towns, and villages in India, with the company enjoying a market share of over 26% in its segment.