Groww IPO GMP, Open Date, Allotment Status, Listing Date, DRHP

Groww IPO open date is expected to be in the end of year 2025. This new IPO is a book-built issue of Rs 6000 crore plus (expected). This upcoming IPO is a combination of fresh issue and offer-for-sale. The company valuation at Rs $6 billion to $8 billion.

Groww IPO price band is yet to be announced. As of now, Groww IPO GMP Live quotation is not yet started. Live IPO Grey Market Premium details will be visible online. Groww has yet to file its DRHP, the confirmation issue size will be available after the DRHP filing. 

Groww IPO allotment status details, subscription status details and listing date details are yet to be announced. The registrar for Groww IPO is expected to be Link Intime India Limited or Bigshare Services Limited or Kfin Technologies Limited.

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Groww IPO GMP

The Groww IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the third day of subscription. If the subscription is oversubscribed, then Groww IPO GMP might rise in the coming days.

Groww IPO GMP Live status will indirectly impact the sentiments of the IPO investors. If the Grey Market Premium is quoting at 15% or above, then the possibility of the oversubscription increases.

However, if the Live IPO GMP quotes is below 15% premium, then most investors tend to lose interest in applying in the IPO and the probability of the under-subscription increases. Here, in the Groww IPO GMP is expected to quote the initial ticks at the 15% or above premium.

Groww IPO Price Band

Groww IPO price band is yet to be announced. The final price band and lot size details are yet to be finalised. The minimum amount of investment for the retail category is to be around Rs 14,600 and for small NII minimum investment is to be around Rs 2,08,050. The minimum investment for the Big NII is to be around Rs 10,01,400.

Groww IPO Open Date, Close Date

Groww IPO open date is expected to be in the end of year 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future. 

Groww IPO Allotment Status

Groww IPO allotment status details are yet to be announced. The listing will be on the BSE and NSE platforms by the end of 2025. The registrar of this IPO is expected to be Link Intime India Limited or Bigshare Services Private Limited or Kfin Technologies. Investors can check their allotment status after the subscription of the IPO ends.

Groww IPO Listing Date

Groww IPO's listing date is expected to be at the end of year 2025. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Groww IPO: Listing Date, Lot Size, Price Band

Groww Limited: About the Company

Groww Limited was founded in 2016, is a leading fintech stock broking platform based in India. It simplifies trading and investing in India. The company offers a user-friendly mobile app and web platform for seamless investment in stocks, mutual funds, ETF and other investment products. 

Groww investment platform has an easy interface and contains educational resources. The company empowers users, including beginners to make informed investment decisions. 

The platform is known for its transparency, competitive pricing and advanced tools like stock screeners and portfolio tracking. The company is backed by prestigious investors. They have rapidly grown, attracting millions of users and recognized for changing the way retail traders trade and invest through technology and innovation. 

Groww IPO Objectives

The funds raised from the Groww IPO will be used for improving the services of the broking business. The money will be used for meeting working capital needs and marketing expenses to grow the business. More details related to the IPO objects are yet to be announced.

Groww IPO: Key Dates, Allotment, Listing Date

Groww IPO Subscription Status, IPO Reservation

Groww IPO subscription status will be available after the IPO opens at the end of year 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

Groww IPO Lot Size Details

Groww IPO lot size is yet to be announced. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,600 and the maximum is 13 lots, amounting to be around Rs 1,94,300. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,170.

Groww IPO Promoter Holdings

Groww IPO promoters are Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh. The promoters' shareholdings before the IPO were x%; however, after the IPO, shareholdings will decline.

Groww IPO Registrar

Groww IPO registrar is expected to be Link Intime India Limited or Bigshare Services Private Limited oR Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status. 

Groww IPO Lead Managers

Groww IPO lead managers are yet to be announced.

How to apply to Groww IPO

Interested investors can apply to the Groww IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Groww IPO Review

Groww IPO may get a positive response from the general public. The company is involved in the retail stock broking business. So, investors interested in the broking sector can apply to this IPO. 

This upcoming IPO is expected to witness an oversubscription in the last bidding date. Moreover, if the IPO gets a positive response then Groww IPO GMP will also rise. 

Groww IPO FAQ

1. What are the details of the Groww IPO?

Groww IPO is a book-built issue of Rs 6000 crore plus (expected). This upcoming IPO is a combination of fresh issue and offer-for-sale. The company valuation at Rs $6 billion to $8 billion.

2. When will the Groww IPO open and close?

Groww IPO open date is expected to be in the end of year 2025. However, these dates are tentative as per the information available from the market sources and can be changed in future. 

3. What is Groww IPO GMP Live?

The Groww IPO GMP has not yet started. The IPO GMP today indicates the huge interest of retail investors. You can check the latest IPO Grey Market Premium today online from the third day of subscription. If the subscription is oversubscribed, then Groww IPO GMP might rise in the coming days.

4. What are the details of Groww IPO Subscription Status?

Groww IPO subscription status will be available after the IPO opens at the end of year 2025. In the QIB category 75% of the net offer is reserved. The remaining 10% is reserved for the retail investors and 15% is for Non-Institutional investors. 

5. Write the details of the IPO Allotment Status?

Groww IPO allotment status details are yet to be announced. The listing will be on the BSE and NSE platforms by the end of 2025. The registrar of this IPO is expected to be Link Intime India Limited or Bigshare Services Private Limited or Kfin Technologies. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Groww IPO?

Groww IPO registrar is expected to be Link Intime India Limited or Bigshare Services Private Limited or Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are yet to be announced.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?