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Groww IPO: Grey Market Premium (GMP) & Full Details — November 2025 Update

💹 Groww IPO: Grey Market Premium (GMP) & Full Details — November 2025 Update

The much-awaited Groww IPO has generated significant buzz among retail and institutional investors alike. With its strong brand presence in India’s rapidly growing fintech and investment ecosystem, Groww’s public issue marks one of the most anticipated listings of 2025.

📊 IPO Overview

Company: Groww (Nextbillion Technology Pvt Ltd)

Sector: Fintech / Investment Platform

Issue Size: ₹6,632 crore

Price Band: ₹95 – ₹100 per share

Face Value: ₹1 per share

Lot Size: 150 shares

Listing on: NSE & BSE

IPO Dates: Opened 5 Nov – Closed 7 Nov 2025

Expected Listing: 12 November 2025
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💰 Grey Market Premium (GMP) Today

As of 10 November 2025, the Groww IPO GMP is around ₹6–₹8 per share, suggesting a listing price of about ₹106–₹108 if the trend holds.

Earlier in the week, the GMP was hovering around ₹10– 11, but it has cooled slightly amid market volatility and sector rotation in fintech stocks.

📈 Subscription Status

The IPO was oversubscribed 7.3 times overall, with particularly strong participation from retail investors and qualified institutional buyers (QIBs).

Category	Subscription (x)
QIBs	10.8×
Non-Institutional Investors	4.9×
Retail	6.4×
Employees	3.1×
(as per BSE data, 7 Nov 2025)

🧠 About Groww

Founded in 2016, Groww has revolutionized retail investing in India by offering seamless, low-cost access to mutual funds, equities, ETFs, and IPOs. The platform now has over 5 crore users, making it one of the most trusted names in the fintech space.

Groww’s success story reflects India’s digital investment boom — with millennials increasingly preferring mobile-first, commission-free investment platforms.

⚙️ Financial Highlights

FY 2024-25 Revenue: ₹2,105 crore

FY 2024-25 Net Profit: ₹185 crore

Year-on-Year growth: +60% in revenue and +45% in profits

Strong AUM growth driven by SIP inflows and stock trading volumes

These figures indicate operational efficiency and market dominance in the online investment space.

🔍 Analyst Outlook

Brokerages are largely positive on Groww’s fundamentals but cautious on valuations, given the recent correction in tech and fintech stocks globally.

Motilal Oswal: “Long-term story intact; short-term listing gains may be modest due to stretched valuations.”

ICICI Direct: “Recommend ‘subscribe for long term’ due to brand recall, user stickiness, and diversified product pipeline.”

🚀 Expected Listing Scenario

Parameter	Value
Issue Price	₹100
GMP	₹6 – ₹8
Estimated Listing Price	₹106 – ₹108
Expected Listing Gain	6 – 8%

If market sentiment improves before listing, Groww could surprise on the upside — though muted GMP signals a balanced market view.

🧾 Final Thoughts

The Groww IPO represents the confidence investors have in India’s digital-finance revolution. While short-term listing gains may not be huge, Groww’s long-term growth potential in the fintech space remains compelling.

Investors looking for exposure to India’s next-gen digital-finance leader may find this a solid long-term bet, provided they are comfortable with market volatility.