Day 1 of Groww IPO: GMP, date, review, subscription status, and further information. Do you want to apply?

Today's Groww IPO GMP: Market watchers claim that shares of Billionbrains Garage Ventures Ltd. are currently trading on the gray market at a premium of ₹17.

Day 1 of Groww IPO: Today marks the opening of Billionbrains Garage Ventures Ltd.'s (often referred to as Groww) first public offering (IPO), which will run through November 7, 2025. Accordingly, the Groww IPO subscription period will take place between November 4 and November 7, 2025. The Groww IPO pricing range has been set by the Bengaluru-based fintech business at ₹95 to ₹100 per equity share. With the goal of raising ₹6,632.30 crore, the Groww IPO is a Fresh Capital-cum-Offer for Sale. Of that amount, ₹1,060 crore is to be raised through the issue of new shares.

In the meantime, the grey market offers shares of the fintech company. Market watchers claim that shares of Billionbrains Garage Ventures Ltd. are currently trading on the gray market at a premium of ₹17. Therefore, Groww IPO GMP is ₹17 today.

Status of Groww IPO subscriptions
The public issue had been booked 0.17 times, the retail section of the book build issue had been filled 0.71 times, and the NII segment of the public issue had been subscribed 0.17 times at 11:30 AM on the first day of bidding.

Groww IPO information 

1] Today's Groww IPO GMP: Market watchers claim that shares of Billionbrains Garage Ventures Ltd. are currently trading on the gray market at a premium of ₹17.

2] Groww IPO date: Today marks the start of the public offering, which will run through November 7, 2025.

3] Groww IPO pricing range: The fintech business situated in Bengaluru has announced that the Groww IPO price range is between ₹95 and ₹100 per equity share.

4] Expanded IPO size: The fintech company wants to collect ₹6,632.30 crore through this public offering, with ₹1,060 crore coming from the sale of new shares. The Offer for Sale (OFS) procedure will use the remaining ₹5,572.30 crore.

5] Groww IPO lot size: 150 firm shares make up each lot, and bidders may apply in lots.

6] Groww IPO allotment date: November 8, 2025, is the most likely date for the finalization of share allocation. However, applicants can anticipate the announcement of share allocation on November 10, 2025, if there is a delay because Saturday falls on this date.

7] Groww IPO registrar: The public issue's official registrar is MUFG Intime India Private Limited.

8] Groww IPO Lead Managers: The book build issue's lead managers are Kotak Mahindra Capital, JP Morgan India, Citigroup Global Markets India, Axis Capital, and Motilal Oswal Investment Advisors.

9] Groww IPO listing date: November 12, 2025, is the most likely date for share listing.

Groww IPO: Should I apply?

10] Review of Groww IPO: Groww IPO price band defined at ₹95 to ₹100 per share, valuing the firm at roughly ₹61,700 crore, said Anuj Gupta, Director at Ya Wealth, who assigned the Groww IPO a'subscribe' tag. With competitors like Angel One and Zerodha, it boasted a platform with around 14.38 million active members. But over the past two years, Angel One has made nearly 29% corrections. We have seen that the broking business is having difficulties as a result of SEBI's regulatory change.

Urging investors to submit long-term applications for the book build issue, "The company operates as a leading direct-to-customer digital investment platform, holding a market share of over 26%," stated Shivani Nyati, Head of Wealth at Swastika Investmart. Throughout the reported financial months, it has continuously shown robust revenue growth. A one-time tax-related accounting adjustment was the main cause of the performance drop seen in FY24. The issue appears to be well valued with little immediate upside when taking into account its most recent financial metrics and values. Sensible investors can think about taking a medium- to long-term view while making investments.