Groww IPO GMP Jumps 14% Ahead of Opening: Check Price Band, Subscription Dates & Listing Details

With a huge hype in the market, Billionbrains Garage Ventures Ltd which is Groww's parent company will open its IPO for public subscription tomorrow on November 4th and will close on November 7th. The Bengaluru-based fintech platform aims to raise Rs. 6,632.30 crore through this book-built issue and is one of the biggest IPOs in India's fintech space this year.

Groww IPO Issue Size and Structure

The Groww IPO is a mix of fresh equity and OFS is expected to provide both growth capital for the company and an exit opportunity for early investors.

The IPO is a fresh issue of 10.60 crore shares worth Rs. 1,060 crore and an offer for sale (OFS) of 55.72 crore shares valued at Rs. 5,572.30 crore by existing shareholders.

Groww IPO Price Band and Lot Size

The price band for the Groww IPO has been fixed between Rs. 95 and Rs. 100 per share. The lot size for retail investors is 150 shares per lot, meaning the minimum investment amount required is Rs. 15,000 at the upper price band.

Groww IPO GMP and Expected Listing Price

As of November 3, 2025, the Groww IPO GMP (Grey Market Premium) is Rs. 14.5. With the upper price band fixed at Rs. 100, the expected listing price is around Rs. 114.5 per share, reflecting an anticipated listing gain of 14.5%.

Groww IPO Allotment and Listing Date

The Groww IPO allotment date is expected to be finalized on November 10th, and the listing date is tentatively set for November 12th. The IPO will list on both the BSE and NSE, offering investors access through India's leading stock exchanges.

About Groww

Billionbrains Garage Ventures Ltd. or Groww is an Indian fintech platform that has revolutionized the way people invest in financial markets, making stock trading, mutual fund investment, and IPO participation accessible to everyday users through an intuitive app and website. Groww was launched in 2017 by four former Flipkart employees: Lalit Keshre (CEO), Harsh Jain (COO), Neeraj Singh (CTO), and Ishan Bansal (CFO). Groww has attracted significant venture capital interest, raising over $251 million in Series E funding at a $3 billion valuation in late 2021. Key investors backing Groww include ICONIQ Growth, Alkeon, Lone Pine Capital, Steadfast, Sequoia Capital India, Ribbit Capital, YC Continuity, Tiger Global, and Propel Venture Partners.