As the Groww IPO listing approaches, retail investors should be well-informed about various vital details. The initial public offering (IPO) for Groww, a fintech company, has garnered substantial attention, achieving a remarkable subscription rate of 17.60 times the offered shares. Specifically, investors submitted bids for an impressive 641,870,040 shares against the 36,477,652 shares available for purchase.
Among the categories of investors, Qualified Institutional Buyers (QIBs) showed the highest enthusiasm, subscribing 22.02 times their allocated portion by requesting 438,037,995 shares compared to the 19,896,901 shares available for them. Non-Institutional Investors (NIIs) also demonstrated significant demand, with their quota being subscribed 14.20 times, leading to bids for 141,289,920 shares against just 9,948,507 shares on offer. Retail Individual Investors (RIIs) placed bids for 62,542,125 shares, resulting in a subscription of 9.43 times for their category, with 6,632,300 shares reserved for them.
In terms of market valuation, the Grey Market Premium (GMP) for Groww shares is reported to be trading at ₹103, indicating a premium of 3% or ₹3 above the upper price band set at ₹100. It is essential to note that GMP trading is not regulated by stock exchanges or the Securities and Exchange Board of India (SEBI), and investors are urged to conduct their own due diligence or consult investment professionals before proceeding.
The objectives of the Groww IPO are substantial. The company aims to raise a total of ₹6,632.30 crore, which includes ₹1,060 crore from new shares and ₹5,572.30 crore from an offer for sale. Notable stakeholders participating in the offer for sale include prominent investment firms such as Ribbit Capital, Peak XV Partners, and Sequoia Capital, among others.
The proceeds from the IPO will be directed towards several critical areas, including brand development, marketing initiatives, investments in subsidiaries like Groww Creditserv Technology and Groww Invest Tech Pvt Ltd, strengthening the company’s cloud capabilities, and potential mergers and acquisitions.
Investors can anticipate the Groww shares to officially list on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on Wednesday, November 12, 2025, at 10 a.m. This event marks a pivotal moment for the company and its investors alike, as it opens the door to a broader investor base and the potential for substantial financial growth in the future.
In summary, the Groww IPO is set to attract significant investor interest, with substantial bidding across retail, institutional, and non-institutional categories. The offering’s considerable size and diverse investment objectives make it a crucial event for potential investors to watch closely. Investors should ensure they are prepared for the impending listing date and seek expert advice when necessary.