Find out what’s new on Groww’s IPO – check the GMP, price range, main points, also insights from experts. Figure out if it makes sense to join now or hold off.
Groww IPO GMP: Can India’s Favourite Investing App Win the Market’s Trust?
Once upon a time, putting money into stocks seemed like cracking a hidden code – folks with suits, piles of paperwork, yet confusing graphs.
Next up was Groww – a platform turning investment into something as easy as browsing your feed.
Right now, the very same app – which turned countless Indians into rookie investors – is asking those folks to put money directly into it.
Yep, the Groww IPO’s finally here – word on the street says its grey market price is making waves among traders in Dalal Street.
Yet does this stock launch truly shine bright, or simply surf noise built on a known logo? We’ll dig through stats, feelings, plus reality – like actual market players do.
The Birth of Groww: How a Frustration Turned into a Fintech Revolution
In 2016, four people who once worked at Flipkart – Lalit Keshre, Harsh Jain, Ishan Bansal, along with Neeraj Singh – noticed a big opening.
They noticed how lots of young people in India were making money and putting it aside, yet almost none were actually growing it through investments.
Here’s why: it felt overwhelming – packed with agents, confusing terms, plus endless forms.
They created Groww, a simple platform that’s easy to navigate – now anyone could begin investing in mutual funds with just a few taps.
No middlemen, no confusing terms – only clear answers.
By 2020, when lockdowns drove Indians onto the internet, Groww started showing up in everyday chats. Folks who’d ignored shares completely were now chatting about mutual fund plans and index funds.
Right now, Groww’s got more than 90 million folks using it, while managing monthly deals adding up to huge sums across India.
The IPO marks the next move – a chance for Groww to make its users owners too. Kinda poetic, huh? The learner turns into a stakeholder instead.
Groww IPO Details: The Basics You Need to Know
| Particular | Details |
|---|---|
| IPO Price Band | ₹95 – ₹100 per share |
| Issue Size | ₹6,632 crore |
| Lot Size | 150 shares |
| Minimum Investment | ₹15,000 |
| Face Value | ₹1 per share |
| Listing on | NSE, BSE |
| Expected Listing Date | Mid-November 2025 |
The IPO kicks off November 4th, then wraps up three days later on the 7th.
The firm wants to collect ₹6,632 crore – part new shares, part existing ones sold by current holders.
Groww IPO GMP: What the Market Whispers Say
At this moment, the Groww IPO’s grey market premium floats around ₹11 to ₹17 – figures shift based on different sources.
So basically, people buying in the unofficial market are shelling out roughly 11–17% above the set price – which shows they’re pretty optimistic.
| Date | Groww IPO GMP | Approx. Listing Price | Market Sentiment |
|---|---|---|---|
| Day 1 | ₹17 | ₹117 | Very Positive |
| Day 2 | ₹14 | ₹114 | Stable |
| Day 3 | ₹11 | ₹111 | Slightly Cooling |
Still, keep this in mind – GMP isn’t a certified measure. Instead, it’s a loose, unofficial space where traders guess what the opening price might be.
It’s more like a vibe check, not something you can count on.
Even so, the feeling suggests actual excitement – folks are keen to grab a slice of Groww.
Why This IPO Is Different
Instead of old-school brokerages such as Angel One or ICICI Direct, Groww stands for a whole new wave.
More than a business – it sparked something real. Showed younger folks investing isn’t boring, sometimes it’s like sharing a vibe.
This bond sets Groww apart – trust builds slowly. Since you’ve been using the app awhile, jumping into trades feels more natural.
That’s why the Groww IPO GMP tale hits hard – fueled by everyday people instead of big financial players.
How Groww Makes Money
Groww earns through:
Fees when buying shares
Mutual fund payout charges
Borrowing or investing with borrowed funds
Subscription-based premium features
In 2024, Groww made more than ₹2,800 crore in sales; profit jumped because they rolled out fresh tools – users can now bid on IPOs, buy insurance, or invest through smallcase-like options.
Still, don’t sugarcoat it – rivals are everywhere. Zerodha’s pushing hard, Upstox isn’t slowing down, while fresh names like Dhan or Angel One keep closing in on the same crowd.
Valuation: The Elephant in the Room
On the higher end, at ₹100 a share, Groww’s worth hits about ₹83,000 crore – close to 34 times what it’s expected to earn by FY25.
That’s steep.
For comparison:
Zerodha – valued privately – runs around 18 to 20 times its earnings.
Angel One’s trading near 15 times earnings.
Yep, folks putting down extra cash for the name and how fast it’s growing – not just because of its basics.
The big ask: Does this cost really fit what you get?On the higher end, at ₹100 a share, Groww’s worth hits about ₹83,000 crore – close to 34 times what it’s expected to earn by FY25.
That’s steep.
For comparison:
Zerodha – valued privately – runs around 18 to 20 times its earnings.
Angel One’s trading near 15 times earnings.
Yep, folks putting down extra cash for the name and how fast it’s growing – not just because of its basics.
The big ask: Does this cost really fit what you get?On the higher end, at ₹100 a share, Groww’s worth hits about ₹83,000 crore – close to 34 times what it’s expected to earn by FY25.
That’s steep.
For comparison:
Zerodha – valued privately – runs around 18 to 20 times its earnings.
Angel One’s trading near 15 times earnings.
Yep, folks putting down extra cash for the name and how fast it’s growing – not just because of its basics.
The big ask: Does this cost really fit what you get?
The Bull Case – Why Investors Are Excited
Groww turned into the go-to choice for countless Indians diving into investing – many now use it without even thinking twice.
Youth make up more than 70% of users – this group’s energy drives tomorrow’s money trends because they’re already shaping how finance evolves.
Big chance in India – less than 8% of people actually buy stocks right now. This gap? Total potential waiting to happen.
Start with tech. Keep things light and fast. Use clean designs that feel fresh. Build on what the numbers show. This keeps it running smooth while growing without limits.
In brief: Groww’s got attention, keeps moving fast, yet holds room to expand.
The Bear Case – Why You Should Stay Cautious
Price high: it’s steep right now. You’re betting on flawless results – if things slip, shares might drop.
Unclear rules ahead: SEBI’s stricter grip on broker fees along with deposit limits might shrink earnings.
Competition’s tough – firms like Zerodha, Upstox, or even Paytm Money all chase identical customers, so profits? Barely there.
Falling GMP Trend: Groww’s IPO grey market premium dropped fast, sliding from ₹17 down to ₹11 within three days – that kind of dip hints at fading excitement rather than lasting momentum.
Still, even if it sounds motivating, folks putting in money should balance reason with feelings.
Retail Investor Sentiment: What the Street Is Saying
Flip through Reddit, X (formerly Twitter), or trading boards – opinions swing both ways.
Some backers compare Groww to India’s version of Robinhood – yet a few label it just another hyped-up startup with too high a price tag
Retail mood at the moment is sort of hopeful, though not too sure.
Some think the shares could open high – yet nobody’s confident about future worth.
Uncertainty like that might send prices swinging on launch day.
Important Groww IPO Dates
| Event | Date |
|---|---|
| IPO Open | 4 November 2025 |
| IPO Close | 7 November 2025 |
| Allotment Date | 11 November 2025 |
| Refunds | 12 November 2025 |
| Listing Date | 14 November 2025 |
FAQs on Groww IPO GMP
Q1. What is Groww IPO GMP today?
The Groww IPO GMP is around ₹11–₹17, showing moderate listing optimism.
Q2. What is the Groww IPO price band?
₹95–₹100 per share.
Q3. Is Groww IPO good for listing gains?
Yes, there’s short-term potential based on the current GMP — around 10–17% expected premium. But remember, GMP can change overnight.
Q4. Is Groww IPO good for long-term investment?
Only if you believe in the fintech story and future scalability. Right now, valuation is expensive compared to peers.
Q5. What are Groww’s biggest risks?
High valuation, regulatory changes, and growing competition in digital broking.
Q6. How can I check Groww IPO allotment?
Use NSE/BSE allotment pages or Groww’s own IPO section after 11 November 2025.