Archive · 8 Nov 2025
Groww IPO Oversubscribed 17.6 Times Amid Strong Investor Demand
Groww's parent company is selling shares to the public, and it was a very popular offering.
Investors wanted to buy almost 18 times more shares than were available.
Big institutional investors were the most interested, followed by other investors and individual people.
The company raised a lot of money, with part of it coming from major anchor investors like sovereign wealth funds.
They plan to use the money to make their technology better, advertise more, and expand their business in areas like wealth management and loans.
This IPO is the largest ever for a brokerage company in India, making Groww the most valuable brokerage firm.
Groww's parent company's IPO was subscribed 17.6 times by the end of its bidding period.
The Qualified Institutional Buyers (QIB) portion saw the highest demand, subscribed 22.02 times.
The total IPO size is Rs 6,632.30 crore, with Rs 1,060 crore from a fresh issue and Rs 5,572.30 crore from an offer for sale.
Funds raised will be used for technology upgrades, branding, and margin financing, with future focus on wealth management, loan against shares, and commodity trading.
The IPO is the largest ever for a brokerage in Indian capital markets, valuing Groww at approximately Rs 62,000 crore.
- Who
- Billionbrains Garage Ventures (Groww's parent company)
- What
- Initial Public Offering (IPO) of Rs 6,632.30 crore
- When
- Bidding closed November 7, 2025
- Where
- India
- Why
- To raise capital for technology upgrades, branding, and margin financing, and for future growth in wealth management, loan against shares, and commodity trading.
- Total IPO Size
- Rs 6,632.30 crore
- Fresh Issue Size
- Rs 1,060 crore
- Offer for Sale Size
- Rs 5,572.30 crore
- Price Band
- Rs 95 - Rs 100 per share
- Subscription Rate (End of Day 3)
- 17.6 times
- QIB Subscription
- 22.02 times
- NII Subscription
- 14.20 times
- Retail Subscription
- 9.4 times
- Estimated Valuation
- Rs 62,000 crore
Sources
Groww IPO Day 3 LIVE: Issue Fully Subscribed, GMP Slips to ₹10.5 Ahead of Listing on Nov 12
Groww IPO ends today: Valuation could top competitors Zerodha, Angel One as fintech race heats up, shows analysis
Groww IPO: Issue subscribed 17.6 times on Day 3; strong demand from QIBs and NIIs, GMP signals decent listing
Groww IPO subscribed 17.6x on strong QIB, NII demand; GMP signals up to 11% listing premium
Groww IPO subscribed 17.6 times, as investors show keen interest
