Groww IPO Subscription Status
Groww IPO closed on 7 November 2025 with an overall subscription of 17.60x based on shares applied. QIB demand came in at 22.02x, NII at 14.20x, and retail at 9.43x.
Allotment will be finalised on 10 November 2025. The stock is scheduled to list on NSE and BSE on 12 November 2025.
Issue Price
Rs 100.00
GMP Today
Rs 4.00 (+4.00%)
Overall Subscription
17.60x
Issue Size
₹6632.30 Cr
Allotment Date
10 Nov 2025
Listing Date
12 Nov 2025
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?
A subscription of 17.60x by shares means the IPO received bids for 18 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 22.02x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 22.02x, it reflects serious institutional conviction.
NII at 5.23x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 3.25x and sNII at 9.21x by applications. Share subscription was 14.20x. Allotment uses application count, not share volume.
At 6.67x subscription by applications, approximately 1 in 7 retail applicants can expect an allotment (~15% per application). Retail allotment is done by lottery when oversubscribed. Share subscription was 9.43x. Allotment uses application count, not share volume.
Groww IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail
- •Application subscription: 6.67x.
- •Allotment odds: about 1 in 7 (~15% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •Share subscription was 9.43x. Allotment uses application count, not share volume.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 9.21x.
- •Allotment odds: about 1 in 9 for a minimum-lot application (~11% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 10.04x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 3.25x.
- •Allotment odds: about 1 in 3 for a minimum-lot application (~31% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 16.28x. Allotment uses application count, not share volume.
Check the Groww IPO Allotment Status page from 10 November 2025 for your allotment result.
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 Day-wise Subscription
| 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 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Groww IPO Subscription FAQs
What is Groww IPO IPO subscription status today?
Groww IPO IPO subscription closed on 7 November 2025 with overall subscription of 17.60x (by shares) as of 27 June 2026, 3:01 AM IST. QIB 22.02x, NII 5.23x, Retail 6.67x.
What is the overall subscription of Groww IPO IPO?
Groww IPO 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 IPO QIB subscription?
Groww IPO IPO QIB (Qualified Institutional Buyers) subscription is 22.02x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Groww IPO IPO Retail subscription?
Groww IPO IPO Retail subscription is 6.67x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Groww IPO IPO NII subscription?
Groww IPO IPO NII (Non-Institutional Investors) subscription is 5.23x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Groww IPO IPO for retail?
At 6.67x subscription by applications, approximately 1 in 7 retail applicants can expect an allotment (~15% per application). Allotment is done by lottery. Share subscription was 9.43x. Allotment uses application count, not share volume.
When is Groww IPO IPO allotment date?
Groww IPO IPO allotment date is 10 November 2025. Check Groww IPO Allotment Status on IPOwiz from that day using your PAN.
When does Groww IPO IPO subscription close?
Groww IPO IPO subscription closed on 7 November 2025. No new applications are accepted after the close.
What is Groww IPO IPO GMP today?
Groww IPO 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 IPO issue price and lot size?
Groww IPO 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 IPO listing date?
Groww IPO IPO listing date is 12 November 2025 on NSE and BSE. Allotment is on 10 November 2025.
How does subscription affect Groww IPO IPO allotment?
Allotment odds in Groww IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 5.23x by applications means roughly 1 in 5 for minimum-lot bids; bNII at 3.25x (~1 in 3). 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.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.