Ahead of November 4, Groww IPO GMP Signals Exciting Listing Gains

Groww, India’s leading online investment platform, is set for one of the most anticipated IPOs of 2025. Billionbrains Garage Ventures Ltd., Groww’s parent company, has fixed the IPO price band between Rs 95 and Rs 100, with the offer opening for subscription from November 4 to 7.

The IPO comprises a fresh issue of 10.6 crore shares worth Rs 1,060 crore and an offer-for-sale of 55.72 crore shares amounting to Rs 5,572 crore. The company aims to strengthen its position by focusing on technology, product innovation, and brand building in financial services.

The grey market premium currently stands close to Rs 16, indicating potential listing gains of about 16%. Co-founder Harsh Jain emphasized aggressive growth plans targeting the vast Indian retail investor base.

Retail investors can participate with a minimum lot size of 150 shares, requiring an investment of around Rs 15,000 at the upper price band. Listing is expected on November 12 on BSE and NSE.

Key Highlights:

Groww IPO price band: Rs 95-100 per share.

Total issue size: Rs 6,632 crore combining fresh issue and OFS.

Grey Market Premium around Rs 16 indicates strong demand.

Minimum retail lot size: 150 shares (~Rs 15,000).

IPO subscription window: November 4-7, 2025.

Listing expected on November 12 on BSE and NSE.

Focus on technology innovation and expanding financial services portfolio.

Sources: Moneycontrol, India Today, Groww Blog.