Archive · 4 Nov 2025
Groww IPO Opens: Subscription Levels, Analyst Views, and GMP Details
Groww, a digital investment platform in India, is launching its IPO from November 4th to 7th.
People can buy shares for prices between ₹95 and ₹100 each.
The company aims to raise over ₹6,632 crore through this IPO.
Groww offers investments in stocks, mutual funds, and more, serving about 12.6 million customers.
While some experts see potential for long-term growth, they also note that the IPO price might be a bit high.
However, the 'grey market' shows a positive buzz, suggesting shares could trade higher on the first day of listing.
The company has already secured significant funding from investors before the public offering.
The shares are expected to start trading on the stock market around November 14th.
Groww's IPO, with a price band of ₹95 to ₹100, opened on November 4 and closes on November 7, 2025.
The total IPO size is ₹6,632.30 crore, comprising a fresh issue of ₹1,060 crore and an offer for sale of approximately 55.72 crore shares.
On the first day of bidding, the IPO was subscribed 38%, with retail and NII portions seeing some interest, but QIB bids were minimal.
Groww is a fintech company with around 12.6 million active clients, offering investments in mutual funds, stocks, ETFs, and more.
Analysts have mixed views, with some recommending a 'Neutral' rating due to steep valuations, while the Grey Market Premium (GMP) of ₹16-18 suggests a potential listing gain of 16-18%.
- Who
- Billionbrains Garage Ventures Ltd. (Groww)
- What
- Initial Public Offering (IPO)
- When
- Bidding opened November 4, 2025, and will close November 7, 2025.
- Where
- India (listing on NSE and BSE)
- Why
- To raise capital for business expansion, enhancing technology, marketing, and for existing investors to sell their stakes.
Analyst Recommendations
Grey Market Premium (GMP) Sentiment
Valuation and Subscription Advice
Analyst Recommendations
Brokerage firms are largely positive due to Groww's market share and growth prospects, but some, like Angel One, rate it 'Neutral' due to steep valuations (40.79x post-issue P/E) and cite risks like regulatory concerns and market dependency.
Grey Market Premium (GMP) Sentiment
The Grey Market Premium (GMP) of Rs 16-18 suggests an expected listing gain of 16-18%, indicating positive short-term market sentiment and potential upside on listing day.
- Company Name
- Billionbrains Garage Ventures Ltd. (Groww)
- IPO Dates
- November 4 - November 7, 2025
- Price Band
- ₹95 to ₹100 per share
- Lot Size
- 150 shares
- Minimum Investment (Retail)
- ₹15,000
- Total Issue Size
- ₹6,632.30 crore
- Fresh Issue Size
- ₹1,060 crore
- Offer For Sale (OFS)
- Up to 55,72,30,051 equity shares worth ₹5,572.30 crore
- Anchor Investors
- Raised ₹2,984.5 crore
- Grey Market Premium (GMP)
- ₹16-18 (suggesting 16-18% upside)
- Listing Date
- Expected November 14, 2025
Sources
Groww IPO GMP between ₹14 to ₹16 as issue opens for subscription today; Details here
LIVE: Groww IPO opens today; Check GMP, subscription status and key details here
Groww IPO opens today: From price band to GMP, here are 7 critical factors to watch
Groww IPO opens today: Should you subscribe to Billionbrains Garage Ventures issue?
Groww IPO Opens For Subscription Today: Know Price Band, GMP, Other Key Details Before Investing
Groww IPO day 1: GMP, date, review, subscription status, other details. Apply or not?
Shreeji Global FMCG IPO: Issue booked 25% so far on first day — Check issue size, GMP and other key details
Lenskart IPO GMP Rises 13% On Day 3, Check Subscription Status, Price Band & Key Listing Details
