Groww IPO Day 3 GMP Live: Rs 6,632 Crore IPO Closes Today

The Groww IPO is in its final day today! If you’ve been waiting to invest, this is your last chance before the issue closes. The IPO opened on Novem

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Groww IPO Day 3 GMP Live: Rs 6,632 Crore IPO Closes Today

The Groww IPO is in its final day today! If you’ve been waiting to invest, this is your last chance before the issue closes. The IPO opened on November 4, 2025, and will close on November 7, 2025. Investors from all groups — retail, HNI, and institutional — have shown strong interest so far.

What Is the Groww IPO All About?

Groww is one of India’s most popular online investment platforms, known for helping people invest easily in stocks, mutual funds, and ETFs. Through this IPO, the company plans to raise ₹6,632 crore, which includes a fresh issue of ₹1,060 crore and an offer for sale (OFS) of existing shares worth ₹5,572 crore.

Groww IPO Price Band and Minimum Investment

The Groww IPO price band is set at ₹95-₹100 per share. Investors can apply for a minimum of 150 shares, which means you’ll need around ₹15,000 to invest at the upper price band.

Groww IPO GMP (Grey Market Premium) Live Update

As per market sources, the Groww IPO GMP (Grey Market Premium) is showing positive momentum on Day 3. Analysts expect moderate listing gains, as several brokerages like Ya Wealth, Deven Choksey Research, and Canara Bank Securities have given the IPO a ‘Subscribe’ rating.

A strong GMP reflects investor optimism and suggests that the Groww share price could list at a premium after the IPO closes.

How Will Groww Use the IPO Money?

Groww plans to use the IPO proceeds for:

  • Expanding its technology and product offerings
  • Funding performance marketing and brand awareness
  • Strengthening its NBFC capital base
  • Supporting new product growth like loan-against-securities and margin trade funding

The focus remains on growing its tech-driven financial services and improving the overall customer experience.

Groww IPO Valuation and Analyst Reviews

At the upper price band, Groww is valued at a P/E ratio of 29.9x based on FY25 earnings. While some analysts call it “premium priced,” most agree it’s fair considering Groww’s strong growth potential and scalable business model.

Brokerages like Deven Choksey Research and Canara Bank Securities expect Groww’s profits to grow steadily, with revenue projected to rise 50% in FY25 and PAT margins improving to 47%. Many experts see Groww as a leader in India’s fast-growing wealth tech space.

Groww IPO Allotment Date and Listing Details

The Groww IPO allotment is likely to be finalized on November 10, 2025.

Refunds for non-allottees and share credits to demat accounts will begin by November 11, 2025.

Groww shares are expected to list on the stock exchanges shortly after that.

Anchor Investors and Key Shareholders

Before the IPO opened, Groww raised ₹2,985 crore from anchor investors on November 3, 2025.

Major investors such as Peak XV Partners, Ribbit Capital, Tiger Global, and Y Combinator are partially offloading shares through the OFS route.

Should You Subscribe to Groww IPO?

Most experts say yes. With strong brand value, user growth, and technology advantage, Groww is well-positioned for long-term success.

Given its solid fundamentals and investor confidence, analysts recommend subscribing for both listing gains and future growth.

Final Thoughts

The Groww IPO marks a big step for India’s digital investing landscape. With millions of users and a clear focus on innovation, Groww continues to lead the new wave of online wealth creation.

If you believe in India’s growing investor base and digital finance story, Groww IPO could be a smart addition to your portfolio.



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