Groww's ₹6,632 crore IPO, priced at ₹95–100, fully subscribed on Nov. 6, 2025, driven by strong retail demand.

Groww’s ₹6,632 crore IPO, priced at ₹95–100 per share, was fully subscribed on November 6, 2025, driven by strong retail investor demand—bidding 3.5 to 4.8 times their reserved portion. Non-institutional investors also showed robust interest, while Qualified Institutional Buyers remained largely inactive. The offering, which includes a ₹1,060 crore fresh issue and ₹5,572 crore offer for sale, raised ₹2,984 crore from anchor investors. The company, India’s largest brokerage by NSE active users, reported a 49.5% year-on-year revenue rise to ₹3,902 crore in FY25 and a net profit of ₹1,824 crore. The stock is set to list on November 12, with grey market indicators suggesting a potential 12%–15% listing premium.