Groww IPO Subscription
ListedUpdated 12 November 2025, 9:15 AM IST· Mainboard
Groww IPO subscription closed on 7 November 2025 at 17.60x overall by shares. QIB demand came in at 22.02x, NII at 14.20x, and retail at 9.43x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 10 November 2025. Listing date on NSE and BSE is 12 November 2025.
Groww IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 4 Nov 2025 | 0.10x | 0.59x | 1.91x | 0.57x |
| Day 2 - 6 Nov 2025 | 0.20x | 2.26x | 5.02x | 1.64x |
| Day 3 - 7 Nov 2025 | 22.02x | 14.20x | 9.43x | 17.60x |
Groww IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Groww IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 6.67x | 1 in 7 |
| SHNI (Rs 2L to Rs 10L) | 9.21x | 1 in 9 |
| BHNI (above Rs 10L) | 3.25x | 1 in 3 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Groww IPO Allotment Status page from 10 November 2025 for your result.
Groww IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 100.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 1,989.69 Cr | Rs 43,803.80 Cr | 22.02x |
| FII | - | Rs 24,252.60 Cr | - |
| DFI | - | Rs 2,929.10 Cr | - |
| Mutual Funds | - | Rs 13,292.16 Cr | - |
| Other | - | Rs 3,329.94 Cr | - |
| NII | Rs 994.85 Cr | Rs 14,128.99 Cr | 14.20x |
| bNII (above Rs 10L) | Rs 663.23 Cr | Rs 10,798.37 Cr | 16.28x |
| Corporate | - | Rs 153.44 Cr | - |
| Individual | - | Rs 10,099.70 Cr | - |
| Other | - | Rs 545.23 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 331.62 Cr | Rs 3,330.62 Cr | 10.04x |
| Corporate | - | Rs 10.20 Cr | - |
| Individual | - | Rs 3,191.09 Cr | - |
| Other | - | Rs 129.33 Cr | - |
| Retail | Rs 663.23 Cr | Rs 6,254.21 Cr | 9.43x |
| Cut-off price | - | Rs 5,349.11 Cr | - |
| Fixed price | - | Rs 905.11 Cr | - |
| Total | Rs 3,647.77 Cr | Rs 64,187.00 Cr | 17.60x |
Groww IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 19,89,69,015 | 5,453 | 0.00x |
| FII | - | 134 | - |
| DFI | - | 26 | - |
| Mutual Funds | - | 41 | - |
| Other | - | 5,252 | - |
| NII | 47,374 | 2,47,923 | 5.23x |
| bNII (above Rs 10L) | 31,583 | 1,02,560 | 3.25x |
| Corporate | - | 866 | - |
| Individual | - | 96,476 | - |
| Other | - | 5,218 | - |
| sNII (Rs 2L to Rs 10L) | 15,791 | 1,45,363 | 9.21x |
| Corporate | - | 408 | - |
| Individual | - | 1,39,022 | - |
| Other | - | 5,933 | - |
| Retail | 4,42,153 | 29,48,698 | 6.67x |
| Cut-off price | - | 24,96,901 | - |
| Fixed price | - | 4,51,797 | - |
| Total | 19,94,58,542 | 32,02,074 | 0.02x |
What Do These Subscription Numbers Mean?
17.60x overall by shares means bids covered about 18 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 22.02x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (5.23x by applications). Split: SHNI 9.21x, BHNI 3.25x by applications. SHNI and BHNI allotment is by lottery.
At 6.67x subscription by applications, about 1 in 7 retail applicants may get allotment (~15% chance per application). Retail allotment is also by lottery.
Groww IPO GMP After Subscription
GMP for Groww IPO stands at Rs 4.00 today, giving an estimated listing price of Rs 104.00 per share.
The GMP has moved lower from Rs 10.00 on 28 Oct 2025 to Rs 4.00 on 10 Nov 2025.
A subscription of 17.60x combined with a GMP of 4.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Groww IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Groww IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 4 November 2025 |
| IPO Close Date | 7 November 2025 |
| Allotment Date | 10 November 2025 |
| Refund Initiation | 11 November 2025 |
| Share Credit to Demat | 11 November 2025 |
| Listing Date | 12 November 2025 |
| Minimum Investment | Rs 15,000.00 |
| Lot Size | 150 shares |
About Groww IPO
No company information available
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Groww IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Groww IPO Details
Issue size, price, financials, and company info
Groww IPO GMP
Live grey market premium and listing estimate
Groww IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Groww IPO Allotment
Allotment date, chances, and check by PAN
Groww IPO Review
SWOT, strengths, risks, and IPO review
Groww IPO FAQ
Common questions on dates, GMP, and allotment
Groww IPO Registrar
Registrar website and how to check allotment
Groww IPO Timeline
Open, close, allotment, and listing dates
Groww IPO News
Updates, blogs, and latest IPO news
Groww IPO Subscription FAQs
What is Groww IPO subscription status today?
Groww IPO subscription closed on 7 November 2025 with overall subscription of 17.60x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 22.02x, NII 5.23x, Retail 6.67x.
What is the overall subscription of Groww IPO?
Groww IPO is subscribed 17.60x overall by shares at close on 7 November 2025. QIB 22.02x, NII 5.23x, and Retail 6.67x.
What is Groww IPO QIB subscription?
Groww IPO QIB (Qualified Institutional Buyers) subscription is 22.02x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Groww IPO Retail subscription?
Groww IPO Retail subscription is 6.67x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Groww IPO NII, SHNI, and BHNI subscription?
Groww IPO NII subscription is 5.23x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 9.21x and BHNI (above Rs 10L) at 3.25x.
What are Groww IPO retail allotment chances?
At 6.67x subscription by applications, about 1 in 7 retail applicants may get allotment (~15% chance per application). Allotment is by lottery. Share subscription was 9.43x. Allotment chances use applications, not share volume.
What are Groww IPO SHNI allotment chances?
At 9.21x subscription by applications, about 1 in 9 SHNI applicants may get allotment (~11% chance per application). Allotment is by lottery. Share subscription was 10.04x. Allotment chances use applications, not share volume.
What are Groww IPO BHNI allotment chances?
At 3.25x subscription by applications, about 1 in 3 BHNI applicants may get allotment (~31% chance per application). Allotment is by lottery. Share subscription was 16.28x. Allotment chances use applications, not share volume.
When is Groww IPO allotment date?
Groww IPO allotment date is 10 November 2025. Check Groww IPO Allotment Status on IPOwiz from that day using your PAN.
When does Groww IPO subscription close?
Groww IPO subscription closed on 7 November 2025. No new applications are accepted after the close.
What is Groww IPO GMP today?
Groww IPO GMP is ₹4 today (+4.00% over issue price ₹100). See live GMP on the Groww IPO GMP Today page.
What is Groww IPO issue price and lot size?
Groww IPO issue price is ₹100 per share. Lot size is 150 shares. Minimum investment is ₹15,000 per lot. Issue size: ₹6632.30 Cr.
When is Groww IPO listing date?
Groww IPO listing date is 12 November 2025 on NSE and BSE. Allotment is on 10 November 2025.
How does subscription affect Groww IPO allotment?
In Groww IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 17.60x overall, competition is high.
For allotment results from 10 November 2025, visit the Groww IPO Allotment Status page. For listing day updates on 12 November 2025, download the IPOwiz App.
Sources
We match Groww IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.