Home » Groww IPO opens for bidding: Check GMP, Price Band

Groww IPO opens for bidding: Check GMP, Price Band

Ahead of its IPO, Groww secured ₹2,985 crore from 102 institutional investors through an anchor book on November 3.

The Groww IPO is a book-built issue worth ₹6,632.30 crore. It comprises a fresh issue of 10.60 crore shares totaling ₹1,060.00 crore and an offer for sale (OFS) of 55.72 crore shares aggregating to ₹5,572.30 crore.

The subscription for the Groww IPO opened on November 4, 2025, and will close on November 7, 2025. The allotment is expected to be finalized on November 10, 2025, with the company’s shares likely to be listed on the BSE and NSE on November 12, 2025.

The price band for the IPO is set at ₹95 to ₹100 per share. The lot size is 150 shares, requiring a minimum investment of ₹15,000 for retail investors (based on the upper price band). For sNII (small non-institutional investors), the minimum application size is 14 lots (2,100 shares) amounting to ₹2,10,000, while for bNII (big non-institutional investors), it is 67 lots (10,050 shares) amounting to ₹10,05,000.

Groww IPO Details

IPO DateNovember 4, 2025 to November 7, 2025
Listing DateNovember 12, 2025
Face Value₹2 per share
Issue Price Band₹95 to ₹100 per share
Lot Size150 Shares
Sale TypeFresh Capital-cum-Offer for Sale
Total Issue Size66,32,30,051 shares
(aggregating up to ₹6,632.30 Cr)
Fresh Issue10,60,00,000 shares
(aggregating up to ₹1,060.00 Cr)
Offer for Sale55,72,30,051 shares of ₹2
(aggregating up to ₹5,572.30 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue6,06,75,96,631 shares
Share Holding Post Issue6,17,35,96,631 shares

Groww IPO Timeline (Tentative Schedule)

The Groww IPO will open on November 4, 2025, and close on November 7, 2025.

IPO Open DateTue, Nov 4, 2025
IPO Close DateFri, Nov 7, 2025
Tentative AllotmentMon, Nov 10, 2025
Initiation of RefundsTue, Nov 11, 2025
Credit of Shares to DematTue, Nov 11, 2025
Tentative Listing DateWed, Nov 12, 2025
Cut-off time for UPI mandate confirmation5 PM on Fri, Nov 7, 2025

Groww IPO Lot Size

Investors can place bids for a minimum of 150 shares, with additional bids in multiples of 150 shares. The table below outlines the minimum and maximum investment amounts, both in terms of shares and monetary value, for Individual Investors (Retail) and High Net-Worth Individuals (HNI).

ApplicationLotsSharesAmount
Retail (Min)1150₹15,000
Retail (Max)131,950₹1,95,000
S-HNI (Min)142,100₹2,10,000
S-HNI (Max)669,900₹9,90,000
B-HNI (Min)6710,050₹10,05,000

Groww IPO Anchor Investors Details

Groww IPO secured ₹2,984.54 crore from anchor investors, with the anchor bidding taking place on November 3, 2025.

Bid DateNovember 3, 2025
Shares Offered29,84,53,523
Anchor Portion Size (In Cr.)2,984.54
Anchor lock-in period end date for 50% shares (30 Days)December 10, 2025
Anchor lock-in period end date for remaining shares (90 Days)February 8, 2026

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