Groww IPO Allotment, GMP LIVE Updates: Investors await share allotment results for the Groww IPO today. Here’s the latest on allotment status, refund process, Demat credit, GMP trends, and expected listing date.
The Groww IPO has entered its next phase- the IPO allotment is set to be finalised today. The IPO was subscribed over 17 times.
| Groww India IPO | Key Details |
| Price Band | Rs 95-100 per share |
| IPO Date | Nov 4-7 |
| GMP | 4% |
| IPO Allotment date | November 10 |
| Listing date | November 12 |
If you’re excited to find out whether you are among the lucky investors who got the IPO allotment, you can check the allotment status online through NSE, BSE, and MUFG Intime India.
Groww IPO: Listing date
Post the allotment, Groww’s shares will be listed on the secondary markets, BSE and NSE, on November 12, as per the tentative schedule.
Groww raised Rs 6,632.30 crores from the primary markets via a combination of 10.60 crore fresh shares worth Rs 1,060 crores and offer for sale of 55.72 crore shares amounting to Rs 5,572.30 crores.
The IPO was opened for subscription on November 04 and will close on November 07. The company kept the price band between Rs 95 to Rs 100 per equity share.
Groww IPO Allotment LIVE: Check allotment status, refund details, GMP today, listing date, and price band
The total addressable market of India’s Investment and Wealth Management sector is Rs 1.1 lakh crore as of March 2025 and is expected to grow to Rs 2.2 – Rs 2.6 lakh crore by March 2030. The market is expanding, driven by higher investor participation, growing disposable income and higher investible funds. The rise of digital-first platforms is democratizing access to capital markets and empowering investors to build and manage their portfolios with simplified content, information and tools.
India’s capital markets have seen strong investor growth over the past five years, yet penetration remains low. As of CY24, only 16–18% of adults hold demat accounts, and active broking account penetration is 5%, compared to 62% in the U.S., indicating a >10x growth runway. Trading activity across stocks and derivatives, though rising, still lags global benchmarks. India’s Average Daily Turnover (ADTO) to market capitalisation is roughly half that of the U.S., while Premium Turnover stands at just one-fourth. These metrics highlight substantial headroom for expansion in both investor participation and trading volumes across asset classes, said Canara Bank in an IPO note.
Groww IPO Allotment, GMP, Listing LIVE Updates: About Billionbrains Garage Ventures
Groww is a Bengaluru-based fintech company that provides retail investors direct-to-customer digital investment platform that offers retail wealth creation opportunities to customers through multiple financial products and services. The company offers a platform to invest in mutual funds, stocks, F&O, ETFs, IPOs, digital gold, and U.S. stocks.