India’s leading online broking platform is set to begin trading on Dalal Street today, with investors eagerly anticipating its performance following the recent Lenskart listing, which opened at a 3% discount.
The Groww IPO garnered significant interest from investors, experiencing an overall subscription rate of 17.60 times by the end of the bidding period on November 7, 2025. Specifically, the retail category saw a subscription rate of 9.43 times, the Qualified Institutional Buyers (QIB) category at 22.02 times, and the Non-Institutional Investors (NII) category at 14.20 times.
Commencing on November 4 and concluding on November 7, the IPO finalized its allotment on November 10. Investors who applied can now check their allotment status on the BSE website or through the registrar, MUFG Intime India Pvt. Ltd.
Priced at Rs 100 per share, the Groww IPO had a lot size of 150 shares, requiring a minimum investment of Rs 15,000 for retail investors. Small non-institutional investors (sNII) needed a minimum investment of Rs 2,10,000 for 14 lots (2,100 shares), while big non-institutional investors (bNII) were required to invest Rs 10,05,000 for 67 lots (10,050 shares).
Market experts are optimistic about the stock’s debut, with expectations of a positive opening. Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, forecasts a potential gain of +~5% to +10% on listing day, supported by favorable market sentiment. He highlighted Groww’s strong customer growth, brand recognition, and scalable business model as factors justifying its valuation.
The grey market premium (GMP) for the Groww IPO has remained steady, indicating an estimated listing price of Rs 105 per share, 5% higher than the issue price. This stability suggests moderate optimism and the potential for a listing gain if market sentiment remains positive.
Despite potential short-term volatility, analysts anticipate a positive listing for Groww, emphasizing the company’s future growth strategies and revenue generation from its digital platform. While investors securing allotment may see initial gains, those seeking higher returns may need to adopt a long-term perspective.
Investors are advised to consider consulting a qualified broker or financial advisor before making any investment decisions.