| Type | Description | Contributor | Date |
|---|---|---|---|
| Post created | Pocketful Team | Nov-08-25 |
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Groww (Billionbrains Garage Ventures Ltd.)IPO Allotment Status, GMP, Subscription & Listing Date

Groww (Billionbrains Garage Ventures Ltd.), one of India’s fastest-growing investment and wealth management platforms, is launching an initial public offering (IPO) to raise up to ₹6,632 crore. The issue opens for subscription on November 4, 2025, and will close on November 7, 2025, with a price band fixed at ₹95 to ₹100 per share. The IPO comprises a fresh share issuance of approximately ₹1,200 crore and an offer-for-sale (OFS) of about ₹5,432 crore by existing shareholders. The shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 12, 2025, subject to allotment and necessary regulatory approvals.
Groww (Billionbrains Garage Ventures Ltd.) IPO Day 3 Subscription Status
On Day 3, Groww (Billionbrains Garage Ventures Ltd.). IPO witnessed a strong investor turnout, closing with an overall subscription of 17.60 times. The Qualified Institutional Buyers (QIB) category led the demand with a robust 22.02 times subscription, indicating solid institutional participation. Among Non-Institutional Investors (NII), the bNII (above ₹10 lakh) portion was subscribed 16.28 times, while the sNII (less than ₹10 lakh) segment saw 10.04 times subscription, resulting in an overall NII subscription of 14.20 times. The Retail Individual Investors (RII) category was subscribed 9.43 times, reflecting healthy retail interest. Overall, the issue garnered 31,40,951 applications, with total bids amounting to approximately ₹64,186.764 crore, showcasing strong confidence across investor categories in the company’s growth potential.
| Investor Category | Subscription (x) |
|---|---|
| Qualified Institutional Buyers (QIB) | 22.02 |
| Non-Institutional Investors (NII) | 14.20 |
| bNII (above ₹10 lakh) | 16.28 |
| sNII (less than ₹10 lakh) | 10.04 |
| Retail Individual Investors (RII) | 9.43 |
| Total Subscriptions | 17.60 |
Total Applications: 31,40,951
Total Bid Amount (₹ Crores): 64,186.76
How to Check Groww (Billionbrains Garage Ventures Ltd.) IPO Allotment Status?
Groww IPO allotment can be easily checked online in two ways: from the Registrar’s website and from the BSE or NSE website. This IPO will be listed on both the exchanges – BSE and NSE, so the allotment status will be available to all investors on both platforms.
Method 1: Registrar’s website (MUFG Intime India Pvt. Ltd.)
The most reliable way is to check allotment from MUFG Intime India Private Limited’s website.
How to do:
- Visit MUFG Intime India Pvt. Ltd.’s official website
- Select “Groww IPO” from the IPO list
- Enter your details PAN number, Application number, or DP/Client ID
- Click on Submit
- You will see the allotment status on the screen.
Method 2: Check from BSE or NSE’s website
If there is more traffic on the registrar’s website, allotment status can also be checked from BSE or NSE.
How to do:
- Visit BSE or NSE’s official website
- Select ‘Equity’ segment
- Select “Groww IPO” from the IPO list
- Enter PAN number and Application number
- Click on Search
Objective of the Groww (Billionbrains Garage Ventures Ltd.) IPO
Groww plans to utilize the net proceeds from the fresh issue for the following purposes. The proceeds from the Offer for Sale (OFS) will be received by the selling shareholders and not by the company :
| Use of IPO Proceeds | Amount (₹ Cr) |
|---|---|
| Investment in technology infrastructure, AI, and data security enhancement | 420.75 |
| Expansion of product offerings and development of new financial services | 285.60 |
| Marketing, brand promotion, and customer acquisition initiatives | 210.40 |
| Strengthening subsidiaries and investing in overseas expansion | 163.25 |
| General corporate purposes and working capital requirements | 120.00 |
Groww (Billionbrains Garage Ventures Ltd.) IPO GMP – Day 3 Update
The grey market premium (GMP) of the Groww IPO stands at ₹5 as of November 07, 2025 (Day 3). Considering the upper end of the price band at ₹100 per share, the estimated listing price is around ₹105, reflecting a potential gain of approximately 05.00% per share in the grey market.
| Date | GMP | Est. Listing Price | Gain |
|---|---|---|---|
| 07-11-2025 (Day 3) | ₹5 | ₹105 | 05.00% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.
Groww (Billionbrains Garage Ventures Ltd.) IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | November 04, 2025 |
| IPO Closing Date | November 07, 2025 |
| Issue Price Band | ₹95 to ₹100 per share |
| Total Issue Size | 66,32,30,051 shares(aggregating up to ₹6,632 Cr) |
| Listing Platform | BSE, NSE |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Groww (Billionbrains Garage Ventures Ltd.) IPO RHP | Groww |
Important Dates for Groww (Billionbrains Garage Ventures Ltd.) IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | November 10, 2025 |
| Refunds Initiation | November 11, 2025 |
| Credit of Shares to Demat | November 11, 2025 |
| Listing Date | November 12, 2025 |
Overview Of Groww (Billionbrains Garage Ventures Ltd.)
Groww (Billionbrains Garage Ventures Ltd.) is a technology-driven, digital investment and wealth management platform that enables users to invest in stocks, mutual funds, ETFs, IPOs, and other financial products seamlessly. With a mission to provide “Investing Made Simple” for everyone, Groww integrates advanced technology, AI-driven analytics, and a robust cloud infrastructure to offer an intuitive, secure, and scalable investment experience. India is its largest market, where it serves millions of retail investors through its mobile app and web platform, while also exploring international expansion opportunities. The company leverages data analytics, automation, and personalized insights to provide investors with accessible financial tools and investment guidance. According to industry reports, Groww is one of India’s fastest-growing retail investment platforms by active users and transaction volume in FY2025, making it a key player in the country’s digital wealth management ecosystem.
Frequently Answered Questions (FAQs)
What is the opening and closing date of Groww (Billionbrains Garage Ventures Ltd.)?
Groww IPO is open on 04 November 2025 and will close on 07 November 2025.
What is the price band of the Groww (Billionbrains Garage Ventures Ltd.) IPO?
Its price band is fixed from ₹95 to ₹100 per share.
What is the GMP (Grey Market Premium) of Groww (Billionbrains Garage Ventures Ltd.) IPO today?
The GMP on 07 November 2025 is ₹5, which leads to a possible listing price of ₹105.
What is the total issue size of Groww (Billionbrains Garage Ventures Ltd.) IPO?
The total issue size of the Groww (Billionbrains Garage Ventures Ltd.) IPO is ₹6,632 crore, structured as a combination of fresh issue and Offer for Sale (OFS) by existing shareholders.
What is the expected listing date of Groww (Billionbrains Garage Ventures Ltd.)?
This IPO is expected to be listed on BSE and NSE on 12 November 2025.
Disclaimer
The securities, funds, and strategies discussed in this blog are provided for informational purposes only. They do not represent endorsements or recommendations. Investors should conduct their own research and seek professional advice before making any investment decisions.
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