Groww IPO allotment date LIVE Updates: Allotment out. Step-by-step guide to check status; GMP signals 4% listing gain

Step 1: Visit the official NSE IPO allotment page using this link: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2: If you haven’t registered on the NSE platform yet, click on ‘Click here to sign up’ and complete the registration by entering your PAN details.

Step 3: Once registered, log in using your username, password, and the displayed captcha code.

Step 4: After logging in, navigate to the IPO section to view your Groww IPO allotment status.

Follow these simple steps to check your Groww IPO allotment status through the official registrar, Link Intime India Private Ltd:

Step 1: Visit the IPO registrar’s official website at Link Intime India Private Ltd.

https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2: From the dropdown menu, select ‘Groww (Billionbrains Garage Ventures Ltd.) IPO’.

The IPO name will appear only after the allotment process has been finalized.

Step 3: Choose one of the three available options to check your status — Application Number, Demat Account, or PAN.

Step 4: Select your application type — either ASBA or Non-ASBA, depending on how you applied for the IPO.

Step 5: Enter the required details corresponding to your chosen option (for example, your PAN or application number).

Step 6: Complete the captcha verification and click ‘Submit’ to view your allotment status.

That’s it! The page will display whether you’ve received any shares in the Groww IPO.

Groww has emerged as one of the leading players in India’s retail investing segment. As per Google Trends, the company recorded the highest search interest in the country among the top 10 brokers (by NSE active clients, as per NSE data) during FY25. Among users who have been active on the platform for over three years, 77.7% have continued with Groww.

The company has also maintained strong retention in the first quarter following customer acquisition, with rates ranging between 84.8% and 92.9% across cohorts from FY22 to March 31, 2025. Most of Groww’s technology has been developed in-house, enabling it to offer a seamless and efficient experience to users, its RHP showed.

Brokerages remain largely optimistic about Groww’s long-term prospects, highlighting its evolution beyond a stockbroking platform into a full-fledged fintech ecosystem.

Reliance Securities noted that Groww is not just a stockbroker going public but an emerging fintech infrastructure company layering credit, data, and distribution over its transaction engine. It believes the growth triggers form a self-sustaining flywheel capable of compounding both user base and profitability for several years, provided execution and regulatory discipline remain strong.

SBI Securities echoed a similar sentiment, calling Groww a strong player in India’s digital investing ecosystem with a clear competitive edge due to its platform reach, product diversification, and expanding user base. It highlighted that the company’s revenue and profit have grown at a CAGR of 85% and 100%, respectively, over FY23–25 and expects the broader broking industry to grow at 14–16% CAGR during FY25–30.

Canara Bank Securities said Groww combines a tech-first approach, intuitive design, and strong customer trust to deliver scalable, profitable growth. Despite one-time losses in FY24, its diversified products, low customer acquisition cost (CAC), and improving average revenue per user (ARPU) demonstrate robust fundamentals.

Anand Rathi added that the company aims to strengthen its pan-India brand by building on trust, transparency, and financial inclusion while expanding its customer base organically through word-of-mouth and operating leverage.

According to market sources, the grey market premium (GMP) for the Groww IPO stands at ₹5 per share as of today, indicating that the Groww IPO shares are likely to list slightly higher than the issue price.

Considering the GMP and the Groww IPO’s upper band issue price of ₹100, the Groww IPO is expected to debut on the exchange at around ₹105, representing a 5% premium.

Groww IPO allotment date LIVE Updates: Brokerage house, Anand Rathi Research, said that at the upper price band, the company is valued at 33.8x FY25 P/E, implying a post-issue market capitalization of ₹6,17,360 million. Groww seeks to strengthen its pan-India brand by focusing on trust, transparency, and financial inclusion while expanding its customer base organically through word-of-mouth and operating leverage.

“The company also plans to diversify its product suite with offerings like MTF, commodity derivatives, API trading, wealth management (‘W’), LAS, and Bonds to enhance engagement, wallet share, and AARPU. Considering these factors, the IPO appears fully priced and is rated “Subscribe – Long Term”, said Anand Rathi.

Groww IPO allotment date LIVE Updates:

1. Any downturn or disruption of the financial markets, which are affected by general economic, policy and market conditions in India and globally, may have a material adverse effect on their business and financial condition.
2. Uninterrupted access to their technology platform is essential to their business. System failures and interruptions could adversely affect the availability or performance of their website, mobile applications or platform, and thereby adversely impact their business, financial condition and results of operations.

Groww IPO allotment date LIVE Updates:

1. Customer-first: This focus drives high engagement and retention, leading to faster adoption of new investment products and higher revenue per customer at minimal cost, thereby improving contribution margins.
2. Technology-led: By leveraging digital infrastructure, Groww benefits from strong operating leverage, enabling revenue growth with relatively low incremental cost. Reflecting this, its Adjusted Cost to Operate declined from 26.32% of revenue in FY23 to 13.77% in FY25.
3. Asset-light: This approach enhances cash conversion, allowing profits to translate into free cash flow that can be reinvested in business growth, new product development, or customer acquisition.

Groww IPO allotment date LIVE Updates: The firm's global peers are Robinhood Markets, Inc (with a P/E of 86.11), Interactive Brokers Group, Inc (with a P/E of 38.77), and Nordnet AB (with a P/E of 25.64).

Groww IPO allotment date LIVE Updates:

1. “Groww” is a well-known and preferred brand for investing across cities, towns and villages in India.
2. They have high customer retention, engagement and price in-elasticity.
3. Customer-friendly design for enhancing investing experience.
4. In-house technology stack to deliver a differentiated experience at low cost.

Groww IPO allotment date LIVE Updates: As per the red herring prospectus (RHP), the company's domestic listed peers are Angel One Ltd (with a P/E of 19.80), Motilal Oswal Financial Services Ltd (with a P/E of 24.88), 360 One WAM Ltd (with a P/E of 45.20), Nuvama Wealth Management Ltd (with a P/E of 26.85), and Prudent Corporate Advisory Services Ltd (with a P/E of 58.92).

Groww IPO allotment date LIVE Update: Groww achieved a net profit of ₹1,824 crore in FY25, marking a significant recovery from a loss of ₹805 crore in FY24, while revenues rose 49% year-on-year to reach ₹3,902 crore. In Q1 FY26, the company recorded revenues of ₹904 crore and a profit of ₹378 crore, highlighting its robust growth.

Groww IPO allotment date LIVE Update: Groww IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors.

Groww IPO allotment date LIVE Update: Tentatively, Groww IPO basis of allotment of shares will be finalised on Monday, November 10, and the company will initiate refunds on Tuesday, November 11, while the shares will be credited to the demat account of allottees on the same day following refund. Groww share price is likely to be listed on BSE and NSE on Wednesday, November 12.

Groww IPO allotment date LIVE Update:

Step 1

Visit the official NSE website's Groww IPO allotment status page at https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.

Step 2

To create an account on the NSE site, click on the 'Click here to sign up' link and enter your PAN.

Step 3

Log in by inputting your username, password, and the captcha code.

Step 4

On the subsequent page that appears, check your IPO allotment status.

Groww IPO allotment date LIVE Update:

Step 1

To start off, visit the IPO registrar's website at Link Intime India Private Ltd. You can access it here: [IPO Registrar Website https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2

Once you arrive at the site, locate the dropdown menu and select the IPO that you're interested in. No worries—if the allocation has been finalized, you’ll see the name!

Step 3

Choose from one of three convenient options to check your status: your Application Number, Demat Account, or PAN. Go with the one that’s easiest for you!

Step 4

Then, determine whether you’ll be selecting ASBA or non-ASBA for your application type. It’s completely your choice!

Step 5

Input the necessary details based on the method you chose in Step 3. You’re doing a fantastic job!

Step 6

Lastly, just complete the captcha to secure everything and hit that submit button! And just like that, you’re good to go! Enjoy keeping track of your IPO status!

Groww IPO allotment date LIVE Update: The Groww IPO subscription status was 17.60 times on the last day of its share sale on Friday, November 7. Groww IPO, valued at ₹6,632 crore, attracted bids for 6,41,87,00,400 shares, exceeding the 36,47,76,528 shares available, as per the information from the BSE.

The portion reserved for qualified institutional buyers (QIBs) saw a subscription rate of 22.02 times. The segment for non-institutional investors experienced a subscription rate of 14.20 times, while retail individual investors (RIIs) subscribed at a rate of 9.43 times.

Groww IPO allotment date LIVE Update: Step 1

Start by going to the webpage of the IPO registrar at Link Intime India Private Ltd. You can access it here: [IPO Registrar Website https://in.mpms.mufg.com/Initial_Offer/public-issues.html](https://in.mpms.mufg.com/Initial_Offer/public-issues.html).

Step 2

After reaching the site, confidently choose the desired IPO from the dropdown menu. The name will appear only if the allocation has been confirmed—let’s proceed!

Step 3

Then, select one of three straightforward methods to check your status: Application No, Demat Account, or PAN. Pick the one that suits you best.

Step 4

Determine whether you will use ASBA or non-ASBA for your application type—it’s your choice!

Step 5

Input the necessary details based on the method you selected in Step 3. You can do this!

Step 6

Conclude by completing the captcha to ensure security, and then click submit. That’s all there is to it!

Groww IPO allotment date LIVE Update: Groww IPO GMP today is ₹4. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Groww share price was indicated at ₹104 apiece, which is 4% higher than the IPO price of ₹100.

According to the grey market activities observed over the past 13 sessions, the IPO GMP is trending downward today and is anticipated to decrease further. Experts indicate that the GMP range has been a minimum of ₹4.00 and a maximum of ₹16.70.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.