The much-anticipated IPO of Groww (Billionbrains Garage Ventures Ltd.) continues to stay in the spotlight as the issue opens for subscription
As of Tuesday, 4 November 2025, the Groww IPO GMP (Grey Market Premium) has increased to ₹17 per share, up from ₹16.5 yesterday — indicating positive market sentiment and strong investor participation.
Groww IPO GMP Trend
| Date | IPO Price (₹) | GMP (₹) | Estimated Profit* (₹) |
|---|---|---|---|
| 04-Nov-2025 (Open) | 100.00 | ₹17 | ₹2,550 |
| 03-Nov-2025 | 100.00 | ₹16.5 | ₹2,475 |
*Estimated profit is based on one retail lot of 150 shares.
At the current GMP of ₹17, Groww shares are expected to list around ₹117, giving an approximate listing gain of 17% over the upper price band of ₹100.
Groww IPO Details
| Particulars | Details |
|---|---|
| Issue Opening Date | 4th November 2025 |
| Issue Closing Date | 7th November 2025 |
| Issue Price | ₹95 – ₹100 per share |
| Face Value | ₹2 per equity share |
| IPO Listing At | BSE, NSE |
| Issue Type | Book Built Issue |
| Issue Size | ₹6,632.30 crore |
| Fresh Issue | ₹1,060.00 crore |
| Offer for Sale (OFS) | ₹5,572.30 crore |
| Promoter Holding (Pre-IPO) | 28% |
| DRHP / RHP | Filed with SEBI |
| Company | Billionbrains Garage Ventures Ltd. (Groww) |
Groww IPO Reservation Structure
| Investor Category | Shares Offered |
|---|---|
| QIB (Qualified Institutional Buyers) | Not less than 75% of the Net Offer |
| Retail Individual Investors (RII) | Not more than 10% of the Net Issue |
| Non-Institutional Investors (NII) | Not more than 15% of the Net Offer |
IPO Important Dates
| IPO Activity | Date |
|---|---|
| IPO Open Date | 4th November 2025 |
| IPO Close Date | 7th November 2025 |
| Basis of Allotment Date* | 10th November 2025 |
| Refunds Initiation* | 11th November 2025 |
| Credit of Shares to Demat* | 11th November 2025 |
| IPO Listing Date* | 12th November 2025 |
*Tentative dates as per RHP.
Groww IPO Lot Size
| Category | Lot(s) | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 lot | 150 shares | ₹15,000 |
| Small HNI (₹2–10 Lakh) | 14 lots | 2,100 shares | ₹2,10,000 |
| Big HNI (₹10+ Lakh) | 67 lots | 10,050 shares | ₹10,05,000 |
Why Groww IPO Is in Focus
- GMP Uptrend: Premium climbed to ₹17, indicating rising investor interest.
- Profitability: Turned profitable in FY25 with ₹128 crore PAT.
- User Base: Over 8 crore investors across stocks, mutual funds, and ETFs.
- High Valuation: Estimated post-listing valuation of over ₹85,000 crore.
- Strong Backers: Supported by Tiger Global, Sequoia Capital, Ribbit Capital, and Y Combinator.
- Digital Expansion: Growing ecosystem with mutual funds, insurance, and lending integration.
Conclusion
As of 4 November 2025, the Groww IPO GMP stands at ₹17, showing positive sentiment and indicating an estimated listing price around ₹117 — a potential 17% premium over the issue price.
With robust investor interest and healthy demand across categories, Groww’s IPO is one of the most-watched fintech listings of 2025.
Disclaimer:
Grey Market Premium (GMP) data is unofficial and can change frequently. This article is for informational purposes only. Investors should rely on company fundamentals, financials, and personal risk assessment before applying.
