Groww IPO Day 1: GMP, Subscription Status, Price Band, Dates & Expert Review — Should You Apply?
Groww IPO opens today, November 4, 2025. Check GMP, price band, lot size, subscription details, listing date, and expert reviews. Should you apply for Groww IPO? Find out here.
Groww IPO Day 1: Public issue opens at ₹95–₹100 price band; GMP at ₹17. Analysts recommend ‘Subscribe’ for listing gains.
After much expectation, the Groww IPO, launched by Billionbrains Garage Ventures Ltd., was open for subscription from the public on the 4th of November 2025 until the 7th of November 2025. With the price band of ₹95 to ₹100 being set, the Bangalore-based fintech unicorn offers online investment platforms to the general public.
The issue aims to generate ₹6,632.30 crores, of which fresh issue stands at ₹1,060 crores, and ₹5,572.30 crores worth of OFS will be offered by existing investors.
Groww IPO GMP Today
According to market observers, Groww shares are trading at a premium of ₹17 in the grey market. This means the Groww IPO GMP (Grey Market Premium) today stands at ₹17, suggesting a mild positive sentiment among investors ahead of listing.
Key Groww IPO Details
- IPO Dates: Opens on November 4, closes on November 7, 2025.
- Price Band: ₹95 – ₹100 per share.
- IPO Size: ₹6,632.30 crore (₹1,060 crore fresh issue + ₹5,572.30 crore OFS).
- Lot Size: Minimum bid of 150 shares per lot.
- Registrar: MUFG Intime India Private Limited.
- Lead Managers: Kotak Mahindra Capital, JP Morgan India, Citigroup Global Markets India, Axis Capital, and Motilal Oswal Investment Advisors.
- Allotment Date: Expected November 8, 2025 (could extend to November 10 due to weekend).
- Listing Date: Tentatively November 12, 2025.
- Groww IPO Review: What Experts Say
Financial analysts remain largely positive about Groww’s IPO, recommending subscription for both listing gains and long-term potential.
Anuj Gupta, Director at Ya Wealth, said:
“The Groww IPO, priced between ₹95–₹100 per share, values the company at around ₹61,700 crore. With over 14.38 million active users and competitors like Zerodha and Angel One, Groww has established a strong digital presence. Despite industry-wide SEBI regulations creating short-term challenges, investors can subscribe for listing gains and long-term growth prospects.”
Shivani Nyati, Head of Wealth at Swastika Investmart, shared a more cautious but optimistic view:
“Groww holds a 26% market share in the D2C digital investment space and has maintained solid revenue growth. The slight dip in FY24 was due to one-time tax adjustments. The valuation appears fair with moderate near-term upside. Long-term investors can consider applying to capitalize on the company’s growth trajectory.”
Groww IPO – Apply or Not?
For short-term investors: The positive GMP and strong retail brand visibility make Groww an attractive bet for listing gains.
For long-term investors: The company’s robust fundamentals, high user base, and scalable fintech model support a “Subscribe” recommendation.
Summary:
IPO Name: Billionbrains Garage Ventures Ltd (Groww)
Open Date: November 4, 2025
Close Date: November 7, 2025
Price Band: ₹95–₹100
GMP Today: ₹17
Allotment Date: November 8–10, 2025
Listing Date: November 12, 2025
Verdict: ★★★★☆ Subscribe for both listing and long-term potential
