Groww IPO Day 3: Final Day To Apply, The countdown Is on!
The initial public offering (IPO) of Billionbrains Garage Ventures Ltd, popularly known as Groww, is on its final day. The IPO opened on November 4, 2025, and will close tomorrow, November 7, 2025, marking the last chance for investors to participate in this highly awaited mainboard listing.
The Bengaluru-based fintech sensation, Groww, has fixed its price band at ₹95 – ₹100 per share. This IPO is a combination of fresh capital and an Offer for Sale (OFS), aiming to raise a total of ₹6,632.30 crore.
Of this, ₹1,060 crore will come from the issuance of new shares, while ₹5,572.30 crore is under the OFS.
This is the moment to ride the fintech wave. With only one day left, the clock is ticking, and the market buzz is palpable. Don’t miss the chance to invest in one of India’s fastest-growing wealth tech companies.
Groww IPO Grey Market Premium Shows Positive Momentum
- Groww IPO GMP Today: ₹15 per share
- Change from Yesterday: Up by Re 1 (Yesterday’s GMP: ₹14)
- Unlisted Market Trading Price: Around ₹115 per share
- Expected Listing Gains: 10–15%
- Market Insight: Steady GMP reflects strong investor confidence in Groww’s growth story
Groww IPO Subscription Status: Strong Retail Response
As of 11:24 AM on Day 3, the Groww IPO has seen a solid subscription trend:
| Investor Category | Subscription (x) |
|---|---|
| Retail Investors | 6.53x |
| Non-Institutional Investors (NII) | 3.43x |
| Qualified Institutional Buyers (QIB) | 0.31x |
| Overall Subscription | 2.56x |
Retail investors are driving the momentum, while QIB participation is expected to pick up towards the end of the day.
Use Of IPO Proceeds:
-
₹400 Cr – Performance marketing
-
₹300 Cr – Technology & inorganic growth
-
₹200 Cr – NBFC capital
-
₹160 Cr – Working capital
Broker Review
- Anand Rathi: ‘Subscribe’ recommendation
- Arihant Capital: ‘Subscribe’ recommendation
- Canara Bank Securities: ‘Subscribe’ recommendation
- Reliance Securities: ‘Subscribe’ recommendation
- SBI Capital Securities: ‘Subscribe’ recommendation
- SIFS: ‘Subscribe’ recommendation
- Sushil Finance: ‘Subscribe’ recommendation
- Swastika Investmart: ‘Subscribe’ recommendation
- Ventura Securities: ‘Subscribe’ recommendation
(With Inputs)
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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