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.
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Retail Investors (RIIs): 5.02 times subscription
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Non-Institutional Investors (NIIs): 2.26 times subscription
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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:
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Strengthening cloud infrastructure
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Brand building and marketing initiatives
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Investments in material subsidiaries
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Supporting inorganic growth through acquisitions
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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
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Basis of Allotment Finalisation: Monday, November 10, 2025
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Listing on Stock Exchanges: Wednesday, November 12, 2025
How to Check Groww IPO Allotment Status
1. Via MUFG Intime India
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Select ‘Billionbrains Garage Ventures Limited’
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Enter PAN, Account No/IFSC, Application No, or DP/Client ID
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Click on ‘Submit’
2. Via NSE
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Go to: NSE IPO Allotment Portal
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Choose ‘Equity & SME IPO bid details’
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Select ‘GROWW’ under the symbol list
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Enter your Application Number and PAN
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Click ‘Submit’
3. Via BSE
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Visit: BSE IPO Application Check
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Set Issue Type as Equity
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Select ‘Billionbrains Garage Ventures Limited’
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Provide your PAN or Application Number
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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.
