IPO Overview
The initial public offering (IPO) of Groww, officially known as Billionbrains Garage Ventures Ltd, began accepting public subscriptions on November 4,
2025. This much-anticipated listing is attracting considerable attention, particularly because of the robust interest in fintech stocks. The IPO is valued at Rs 6,632.30 crore. The offering, which includes a fresh issue valued at Rs 1,060 crore along with an offer for sale (OFS) of Rs 5,572.30 crore, is scheduled to close on November 7, 2025. The price band has been set between Rs 95 and Rs 100 per share, with a minimum investment of Rs 15,000 for retail investors, based on a lot size of 150 shares. The Groww IPO allotment is expected to be finalized on November 10, with the stock planned to be listed on the BSE and NSE on November 12, 2025. This is a significant event for investors looking into opportunities within the growing digital investment landscape.
Investment Potential
Groww's appeal is rooted in its notable brand visibility, an expanding retail investor base, and the thriving digital investment environment in India. Its emphasis on user-friendly technology and a diverse range of financial instruments provide a solid base for long-term growth. Experts note that fintech valuations are currently elevated, indicating that near-term gains may be limited compared to some other IPOs. However, long-term investors with a moderate risk appetite might find it appealing. Market observers noted that the Groww IPO grey market premium (GMP) was at Rs 17 as of 7:55 AM on November 4, 2025. Based on the upper price band of Rs 100 per share, the estimated listing price is Rs 117, suggesting a potential gain of approximately 17% per share. This indicates a positive market sentiment toward the IPO.
Expert Insights
Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, shared her perspective on the IPO. Her view highlights that while the company's fundamentals remain strong, short-term gains may be moderate considering the current valuation levels. The digital investment platform's success is attributed to its user-friendly interface and a wide array of investment options. The company, founded in 2017 and headquartered in Bengaluru, has quickly established itself in the market. Its focus on technology and diversification has been pivotal to its growth. According to financial analysts, while the IPO holds long-term promise, investors should temper their short-term expectations given the current market conditions and premium pricing. Investors are advised to weigh their risk tolerance and investment goals before participating in the IPO.
