
Financial Services / Fintech · NSE / BSE
Incorporated in 2017 and headquartered in Bengaluru, Groww is a technology-driven fintech company offering a direct-to-customer digital investment platform that helps retail investors build wealth through a wide range of financial products. Its platform allows users to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks through an easy-to-use mobile and web interface. The company also provides value-added services such as margin trading facilities, algorithmic trading, new fund offers, and credit-based products. Groww’s business model focuses on expanding its retail customer base and deepening engagement through diverse investment options and long-term relationships. Its offerings include stock and derivatives broking, mutual funds, margin trading, credit solutions, and asset management services under Groww AMC. As of June 30, 2025, the company employs 1,415 people and has built a strong presence across cities, towns, and villages in India, making it one of the country’s most popular digital investing platforms.
Price Band
₹95 – ₹100
Issue Size
₹6632 Cr
Lot Size
150 shares
GMP
+4.0%
Est. Listing
₹104
at current GMP
Subscribed
17.60x
overall
Open
4 Nov 2025
Close
7 Nov 2025
Allotment
10 Nov 2025
Refund
11 Nov 2025
Demat Credit
12 Nov 2025
Listing
12 Nov 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹100
Band: ₹95 – ₹100
Estimated Listing Price
₹104
Upper price + GMP
Lot Size
150 shares
Min investment ₹15,000
Estimated Profit / Lot
₹600
150 × ₹4
Grey Market Premium trend
+₹4
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹4 | 4.0% | ₹104 |
| 30 Oct 2026 | +₹4 | 4.0% | ₹104 |
| 29 Oct 2026 | +₹4 | 3.6% | ₹104 |
GMP is unofficial market data. Not a guarantee of listing performance.
Billionbrains Garage Ventures Limited (Groww) is bringing an initial public offering (IPO) in the Financial Services / Fintech sector with an aggregate issue size of ₹6,632.3 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-11-07, the basis of allotment is scheduled to be finalized on 2025-11-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Billionbrains Garage Ventures Limited (Groww) IPO is ₹4, which indicates an expected listing price of ₹104.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.