The much-anticipated Groww IPO by Billionbrains Garage Ventures Ltd. entered the public issue today, November 4, 2025, and will continue till November 7, 2025. The fabulous Bengaluru-based unicorn is known for its online investment portal and has fixed a price band of ₹95–100 per share.
The issue aims to raise ₹6,632.30 crore, including a fresh issue of ₹1,060 crore and an offer for sale by existing shareholders worth ₹5,572.30 crore.
Groww IPO GMP Today
As per market observers, Groww shares are trading at a premium of ₹17 in the grey market, reflecting moderate investor optimism ahead of listing. The positive GMP (Grey Market Premium) suggests steady demand among retail and institutional investors.
Key IPO Details
- IPO Dates: November 4–7, 2025
- Price Band: ₹95–₹100 per share
- IPO Size: ₹6,632.30 crore (₹1,060 crore fresh issue + ₹5,572.30 crore OFS)
- Lot Size: 150 shares per lot
- Registrar: MUFG Intime India Private Limited
- Lead Managers: Kotak Mahindra Capital, JP Morgan India, Citigroup Global Markets India, Axis Capital, Motilal Oswal Investment Advisors
- Allotment Date: Likely on November 8 (may extend to November 10 due to the weekend)
- Tentative Listing Date: November 12, 2025
Expert Review: Should You Subscribe?
Anuj Gupta, Director at Ya Wealth, recommends subscribing for both listing gains and long-term growth:
“The Groww IPO, priced between ₹95–₹100, values the company at around ₹61,700 crore. With 14.38 million active users and competitors like Zerodha and Angel One, Groww’s digital reach is exceptional. Despite short-term regulatory challenges, the fundamentals remain solid.”
Shivani Nyati, Head of Wealth at Swastika Investmart, shared a cautiously positive stance:
“Groww commands a 26% market share in India’s D2C investment space. While FY24 saw a slight revenue dip due to one-time tax adjustments, the valuation appears fair. Long-term investors can apply for growth-driven returns.”
Groww IPO — Apply or Avoid?
- For short-term investors: The positive GMP and strong brand recognition make it a potential winner for listing gains.
- For long-term investors: With solid fundamentals, scalability, and a growing user base, experts maintain a “Subscribe” rating for steady long-term growth.
Groww IPO Summary
| Detail | Information |
|---|---|
| Company Name | Billionbrains Garage Ventures Ltd (Groww) |
| Open Date | November 4, 2025 |
| Close Date | November 7, 2025 |
| Price Band | ₹95–₹100 |
| GMP Today | ₹17 |
| Allotment Date | November 8–10, 2025 |
| Listing Date | November 12, 2025 |
| Verdict | ★★★★☆ Subscribe for both listing and long-term gains |
