The much-awaited Groww IPO allotment will be finalised today, bringing excitement and nervousness among investors. The fintech unicorn’s public issue, which closed on November 7, was subscribed over 17 times, showing massive interest from retail and institutional investors alike. However, ahead of the allotment, the Groww IPO GMP (Grey Market Premium) has dropped to its lowest level, raising questions about its listing performance.
Groww IPO Allotment LIVE: How to Check Allotment Status Online
Investors can now check the Groww IPO allotment status through the official portals of BSE, NSE, or MUFG Intime India, the IPO registrar.
To check your status:
- Visit the official allotment link of MUFG Intime India.
- Enter your PAN or application number.
- Click on “Submit” to see your allotment result.
If allotted, investors will see the Groww IPO shares credited to their Demat accounts by November 11. Refunds for those who did not receive shares will begin on the same day.
Groww IPO GMP Drops to Record Lows
The most talked-about development around the IPO is the sharp fall in Groww IPO GMP. The premium in the unlisted market has reportedly slipped to around ₹4–₹5, down from ₹18 earlier this week. This drop signals muted listing expectations, though some analysts believe long-term investors may still benefit.
Market experts say the lower GMP reflects caution among traders amid broader market volatility. Since grey market trends are unofficial, actual listing prices may vary once trading begins.
Groww IPO Key Details and Subscription Numbers
| Particulars | Details |
|---|---|
| IPO Price Band | ₹95–₹100 per share |
| IPO Open Dates | November 4–7 |
| Total Issue Size | ₹6,632.30 crore |
| Fresh Issue | ₹1,060 crore |
| Offer for Sale (OFS) | ₹5,572.30 crore |
| IPO Allotment Date | November 10 |
| Listing Date | November 12 |
| Current GMP | ₹4 (Approx.) |
| Subscription | 17x Overall |
The company aims to use the fresh funds for expanding its investment platform, strengthening technology infrastructure, and growing its mutual fund and stockbroking services.
Groww IPO Listing Date and Expectations
According to the IPO timeline, Groww shares will list on NSE and BSE on November 12, 2025. Analysts expect a flat or modest listing given the falling GMP and cautious market sentiment. However, they highlight Groww’s strong brand recognition and loyal retail base as positive long-term factors.
Brokerage firms suggest that despite a weak grey market, Groww IPO could deliver steady post-listing performance due to the company’s dominant presence in India’s online investing ecosystem.
Why Analysts Still Back Groww’s Long-Term Story
Experts note that Groww’s business fundamentals remain strong. The fintech giant has seen exponential growth in active investors, mutual fund AUM, and brokerage revenue. Its user-friendly platform and focus on financial literacy have made it one of India’s leading retail investment brands.
Despite a cautious short-term outlook, analysts believe Groww’s IPO could prove valuable for long-term investors, much like earlier tech listings that recovered after weak debuts.
Conclusion: Wait and Watch for the Groww IPO Listing
As the Groww IPO allotment gets finalised today, investors are eagerly refreshing their screens to know the result. While the GMP dip may cause some concern, the company’s strong fundamentals and loyal user base could still drive positive post-listing sentiment.
The final verdict will come on November 12, when Groww debuts on the stock exchanges. Until then, investors can check allotment updates and stay tuned for refund and Demat credit notifications.
