# Groww IPO: GMP, Subscription Status & Listing Date (November 2025)

URL: https://technosports.co.in/groww-ipo-gmp-subscription-status-listing/  
Published: 2025-11-04  
Updated: 2025-11-04  
Author: Raunak Saha

**Groww IPO:**Groww’s ₹6,632 crore IPO opens November 4 and closes November 7, 2025, marking India’s largest fintech listing this year. The Bengaluru-based investment platform targets a valuation exceeding ₹61,700 crore, backed by impressive anchor investor participation of ₹2,985 crore.

![Groww IPO: GMP, Subscription Status & Listing Date (November 2025)](https://technosports.co.in/wp-content/uploads/2025/11/grow-1024x576.webp)

## Groww IPO Quick Facts

| Parameter | Details |
| --- | --- |
| **Price Band** | ₹95 – ₹100 per share |
| **Issue Size** | ₹6,632.30 crore |
| **Lot Size** | 150 shares (₹15,000 minimum) |
| **Subscription Period** | Nov 4 – Nov 7, 2025 |
| **Allotment Date** | November 10, 2025 |
| **Listing Date** | November 12, 2025 |
| **Exchanges** | BSE & NSE |

## Grey Market Premium (GMP) Signals

The current GMP stands at ₹17 per share, indicating 17% potential listing gains. With the upper price band at ₹100, shares are expected to list around ₹117.

**GMP Breakdown:**

- Expected Listing Price: ₹117
- Potential Gain: ₹17 per share
- Return Percentage: ~17%

The moderate GMP reflects cautious optimism—ideal for both listing gains and long-term investment. For more [IPO analysis and market insights](https://technosports.co.in/), explore TechnoSports.

![Groww IPO: GMP, Subscription Status & Listing Date (November 2025)](https://technosports.co.in/wp-content/uploads/2025/11/groww-ipo-price-band-1761814671484-1024x576.webp)

## Subscription Structure

The IPO reserves 75% for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors.

| Investor Type | Allocation | Minimum Investment |
| --- | --- | --- |
| **Retail** | 10% | ₹15,000 (1 lot) |
| **Small NII** | 15% | ₹2,10,000 (14 lots) |
| **Big NII** | 15% | ₹10,05,000 (67 lots) |
| **QIB** | 75% | Institutional only |

## Company Fundamentals at a Glance

Groww reported revenue of ₹4,061.65 crore in FY25 against ₹2,795.99 crore in FY24. More impressively, the company posted profit of ₹1,824.37 crore in FY25 compared to a loss of ₹805.45 crore in FY24—a dramatic profitability turnaround.

**Platform Highlights:**

- 14.38 million active users on NSE as of June 30, 2025
- Services reach 98.36% of India’s pin codes
- 81% users from outside top-6 cities
- 83% new users acquired organically without paid marketing

![Groww IPO: GMP, Subscription Status & Listing Date (November 2025)](https://technosports.co.in/wp-content/uploads/2025/11/1736759653-7764.webp)

## Expert Recommendations

Analysts largely recommend ‘Subscribe’ for both listing gains and long-term potential. The positive sentiment stems from Groww’s market leadership, diverse product offerings, and scalable fintech model.

**Investment Perspective:**

- **Short-term traders:** 17% listing gain opportunity with strong retail brand
- **Long-term investors:** Robust fundamentals support wealth creation thesis

For detailed [stock market strategies](https://technosports.co.in/), check our investment guides.

## Groww IPO Proceeds Allocation

Fresh issue of ₹1,060 crore will fund cloud infrastructure (₹152.5 crore), marketing (₹225 crore), NBFC subsidiary GCS (₹205 crore), and MTF business via GIT (₹167.5 crore). Remaining funds target acquisitions and corporate growth.

The ₹5,572.30 crore OFS allows early investors like Peak XV Partners (formerly Sequoia), Ribbit Capital, and YC Combinator to partially exit.

## How to Apply for Groww IPO

**Step 1:** Login to your trading platform (Zerodha, Upstox, Groww, etc.)  
**Step 2:** Navigate to IPO section  
**Step 3:** Select “Groww IPO” and enter bid details  
**Step 4:** Choose UPI or ASBA payment method  
**Step 5:** Approve UPI mandate or complete ASBA blocking

Check allotment status on November 10 via [the MUFG Intime India](https://in.mpms.mufg.com/Initial_Offer/public-issues.html) registrar portal.

![Groww IPO: GMP, Subscription Status & Listing Date (November 2025)](https://technosports.co.in/wp-content/uploads/2025/11/Groww-IPO.avif)

## Market Positioning

Groww holds 26% market share in D2C digital investment space, competing with Zerodha and Angel One. The platform’s user-friendly design and technology backbone make investing accessible to first-time investors—a massive untapped market.

## Key Risk Factors

- 84% of IPO proceeds go to existing shareholders (OFS), not company growth
- SEBI regulatory changes create short-term headwinds
- Intense competition from established brokers
- Valuation appears full at ₹61,700 crore

For comprehensive [business news and fintech updates](https://technosports.co.in/), bookmark TechnoSports.

## The Bottom Line

Groww’s transformation from a mutual fund platform to a diversified wealth management ecosystem positions it strongly in India’s under-penetrated investment market. The profitability turnaround, organic user growth, and digital-first approach justify analyst optimism.

Apply now through [NSE](https://www.nseindia.com/) or [BSE](https://www.bseindia.com/) registered brokers. Track live subscription status and listing updates on November 12!

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*Disclaimer: Investment in the securities market is subject to market risks. Consult your financial advisor before investing. Grey Market Premium is unofficial and unregulated by SEBI.*