The allotment for Groww IPO (Billionbrains Garage Ventures Ltd) has been finalised, with shares set to list on BSE and NSE on Wednesday, November 12, 2025. Investors can now check their allotment status and track refund timelines, grey market premium (GMP) trends, and listing expectations.
📈 Key IPO Highlights
- Price Band: ₹95 – ₹100 per share
- Issue Size: ₹6,632.30 crore
- Fresh Issue: ₹1,060 crore
- Offer for Sale (OFS): ₹5,572.30 crore
- Subscription: 17.6 times
- Allotment Date: November 10, 2025
- Listing Date: November 12, 2025
- GMP (as of Nov 11): ~4%
The IPO received robust demand across categories, reflecting strong investor confidence despite recent market volatility.
💰 How to Check Groww IPO Allotment Status
Investors can confirm their allotment using any of the following:
- Registrar (MUFG Intime India Pvt. Ltd.) – Visit the registrar’s official portal.
- BSE/NSE Allotment Checkers – Enter PAN, application number, or DP Client ID.
Those not allotted shares will receive refunds or fund unblocking by November 11 as per the IPO schedule.
🔍 Market Buzz & Investor Insights
- Strong Demand: The IPO was oversubscribed 17.6x, with over 641 crore bids for 36.47 crore available shares.
- User Growth: Over 83% of users joined organically between FY23–FY25; 81% from Tier-2 & Tier-3 cities, and 45% under 30 years old.
- Growth Potential: India’s retail investor base remains under-penetrated (16–18% demat account reach vs. 62% in the U.S.), signaling room for expansion.
- GMP Sentiment: The grey market premium has softened slightly, suggesting cautious optimism for listing gains.
📊 Listing Outlook
Groww is set to debut on November 12, with analysts expecting a moderate listing amid subdued GMP movement. However, the company’s strong fundamentals, user-centric platform, and expanding digital investor base may drive steady performance post-listing.