Groww IPO Day 3: Subscription Status, Allotment Details, and Listing Date
The much-awaited Groww IPO, valued at ₹6,632.30 crore, has entered its final day of bidding. The initial public offering (IPO) of Billionbrains Garage Ventures Limited, which operates the popular stockbroking platform Groww, will close on Friday, November 7, 2025.
IPO Structure and Price Band
The public issue comprises a fresh equity issuance worth ₹1,060 crore and an offer for sale (OFS) of ₹5,572.30 crore by existing shareholders.
The price band has been set at ₹95–₹100 per share, and one lot includes 150 shares.
Subscription Status
As per NSE data, the Groww IPO was subscribed 1.64 times by the end of Day 2, with bids for 59.82 crore shares against 36.47 crore shares on offer.
Retail Investors (RIIs): 5.02 times subscription
Non-Institutional Investors (NIIs): 2.26 times subscription
Qualified Institutional Buyers (QIBs): 20% subscribed
The final subscription figures for Day 3 will be updated post 10 AM.
Use of IPO Proceeds
Funds raised from the fresh issue will be utilised for:
Strengthening cloud infrastructure
Brand building and marketing initiatives
Investments in material subsidiaries
Supporting inorganic growth through acquisitions
General corporate purposes
About Groww
Groww is a leading direct-to-customer digital investment platform offering a wide range of financial products including stocks, bonds, derivatives, and mutual funds. The platform aims to make investing simple, transparent, and accessible for Indian consumers.
Allotment and Listing Dates
Basis of Allotment Finalisation: Monday, November 10, 2025
Listing on Stock Exchanges: Wednesday, November 12, 2025
How to Check Groww IPO Allotment Status
1. Via MUFG Intime India
Select ‘Billionbrains Garage Ventures Limited’
Enter PAN, Account No/IFSC, Application No, or DP/Client ID
Click on ‘Submit’
2. Via NSE
Go to: NSE IPO Allotment Portal
Choose ‘Equity & SME IPO bid details’
Select ‘GROWW’ under the symbol list
Enter your Application Number and PAN
Click ‘Submit’
3. Via BSE
Visit: BSE IPO Application Check
Set Issue Type as Equity
Select ‘Billionbrains Garage Ventures Limited’
Provide your PAN or Application Number
Click ‘Search’
Groww IPO GMP (Grey Market Premium)
As per investorgain.com and market reports, Groww’s unlisted shares are trading at ₹111, indicating a premium of ₹11 (11%) over the upper price band of ₹100.
Disclaimer: The Grey Market Premium (GMP) is unofficial and not regulated by SEBI or stock exchanges. Business Connect does not endorse or facilitate grey market trading. Investors should perform due diligence or consult financial advisors before investing.
