The highly anticipated Groww IPO opens on 4th November 2025.
By Prashant for PuneriPages.in
The highly anticipated Groww IPO is officially set to open on 4th November, marking one of the most awaited public offerings in India’s fintech sector. As one of the leading online investment platforms, Groww’s IPO is expected to attract significant investor attention — both from retail investors and institutional participants. In this article, we explore every crucial detail about the Groww IPO, including its issue size, price band, financial performance, business model, and what makes this offering stand out in India’s competitive digital finance space.
Table of Contents
About Groww: A Fintech Revolution in Investment
Founded in 2016 by former Flipkart executives Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, Groww has emerged as one of India’s fastest-growing online investment platforms. The Bengaluru-based startup allows users to invest in mutual funds, stocks, ETFs, and fixed deposits — all through a simple, user-friendly interface.
With over 30 million registered users, Groww has transformed how Indians invest by promoting financial inclusion and accessibility. Its focus on simplicity, transparency, and low-cost investing has positioned it as a key competitor to traditional brokerage firms and fintech rivals like Zerodha, Upstox, and Angel One.
Groww IPO Details: Key Information
| Particulars | Details |
|---|---|
| IPO Opening Date | 4th November 2025 |
| IPO Closing Date | 7th November 2025 |
| Issue Type | Book Built Issue |
| Face Value | ₹1 per equity share |
| Price Band | ₹320 – ₹340 per share (expected) |
| Lot Size | 44 shares per lot |
| Total Issue Size | Approx. ₹4,500 crore |
| Listing Exchange | NSE & BSE |
| Registrar | Link Intime India Pvt Ltd |
The IPO will consist of both a fresh issue of shares and an offer for sale (OFS) by existing investors. Proceeds from the fresh issue will be used for business expansion, technology enhancement, and strengthening financial infrastructure.
Groww’s Financial Performance
Groww’s financial growth over the past few years has been phenomenal. From being a startup catering to mutual fund investors, it has now expanded into a full-fledged investment ecosystem.
- Revenue (FY2024): ₹1,850 crore (up 68% YoY)
- Net Profit (FY2024): ₹312 crore (compared to ₹158 crore in FY2023)
- Active Users: Over 10 million monthly active users
- Assets Under Management (AUM): ₹95,000 crore
The company’s profitability surge has been driven by its diversified offerings, including stock trading, mutual funds, and direct IPO participation. Moreover, the firm has successfully maintained a strong cost-to-income ratio, highlighting efficient operations and solid unit economics.
Why the Groww IPO Matters
The Groww IPO is more than just another listing — it’s a milestone for India’s fintech ecosystem. Here’s why this public offering stands out:
1. Strong Fintech Ecosystem Presence
Groww has redefined how young Indians interact with finance. Its digital-first model, intuitive UI, and paperless KYC onboarding have attracted a large tech-savvy audience.
2. Expanding Product Portfolio
From mutual funds to stocks, FDs, gold, and now even U.S. stock investing, Groww’s ecosystem is constantly evolving. The funds raised through the IPO will help Groww expand into wealth management and financial advisory services.
3. Robust User Trust
With a customer satisfaction score above 90%, Groww’s reputation for transparency has cemented its position as a trusted fintech brand.
4. Strategic Growth Backed by Investors
Top investors like Tiger Global, Sequoia Capital, Ribbit Capital, and YC Continuity have supported Groww’s journey. The IPO provides an opportunity for early backers to partially exit while opening new growth avenues for retail investors.
Objectives of the IPO
The main objectives of the Groww IPO include:
- Business Expansion: To strengthen presence in tier-2 and tier-3 cities through marketing and partnerships.
- Technology Enhancement: Upgrading platform security, AI-based recommendations, and user experience.
- Regulatory Compliance: Meeting SEBI norms and increasing liquidity reserves.
- General Corporate Purposes: Including acquisitions and workforce expansion.
Groww’s Competitive Edge
In the crowded fintech space, Groww holds a unique advantage due to its:
- User-friendly platform: Simplified investing for beginners.
- Low brokerage model: Among the most cost-effective in India.
- Community-driven learning: Financial education via blogs, videos, and Groww Academy.
- Robust security protocols: Two-factor authentication and encrypted transactions.
This holistic ecosystem positions Groww as a leader in the democratization of investing.
Risks to Consider Before Investing
While the Groww IPO appears promising, investors should evaluate potential risks:
- Regulatory Uncertainty: Future SEBI or RBI regulations on fintech operations could affect margins.
- High Competition: Rivals like Zerodha and Upstox maintain dominant user bases.
- Market Volatility: Stock market fluctuations can impact retail investor participation.
- Revenue Dependence: Heavy reliance on transaction-based revenue may limit diversification.
Despite these risks, Groww’s strong fundamentals and long-term growth prospects make it an attractive bet for investors seeking exposure to India’s fintech story.
Expert Opinions and Market Sentiment
According to analysts, Groww’s IPO valuation between ₹40,000–₹45,000 crore seems justified considering its growth trajectory and profitability. Market experts believe it could mirror the success of fintech IPOs like Paytm and Zomato, but with stronger financials and investor confidence.
Brokerage houses such as Motilal Oswal and HDFC Securities have rated it as a “Subscribe for Long-Term” opportunity, citing scalability and innovation potential.
How to Apply for the Groww IPO
Investors can apply for the Groww IPO through:
- UPI-based applications via broker apps (like Zerodha, Angel One, or Groww itself).
- Net banking ASBA facility provided by leading banks.
- Demat accounts registered with CDSL or NSDL.
Retail investors can apply for up to ₹2 lakh, while institutional investors will participate in the QIB and NII categories.
Expected Listing and Long-Term Outlook
The Groww IPO listing is expected to take place around 15th November 2025. Analysts predict a 20–25% listing gain based on strong demand and brand value.
In the long run, Groww’s focus on financial literacy, diversification, and innovation makes it one of the few fintech firms capable of sustaining profitability while scaling rapidly.
Groww IPO – A Gateway to India’s Fintech Future
The Groww IPO opening on 4th November is not just a financial event — it’s a symbol of India’s evolving investment culture. With its strong financials, user trust, and cutting-edge platform, Groww is set to redefine digital investing in the coming decade.
For investors looking to participate in the fintech revolution, this IPO offers a rare blend of growth potential, stability, and innovation.
Frequently Asked Questions
1. When does the Groww IPO open?
The Groww IPO opens on 4th November 2025 and will remain open for subscription until 7th November 2025. Investors can apply during these days using UPI or ASBA through their Demat account.
2. What is the price band for the Groww IPO?
The Groww IPO price band is expected to be between ₹320 and ₹340 per share, as per early market reports. The final price will be confirmed once SEBI approves the red herring prospectus.
3. What is the lot size for the Groww IPO?
Investors can apply for a minimum of one lot consisting of 44 shares, and in multiples of 44 thereafter.
4. What is the total issue size of the Groww IPO?
The total issue size of the Groww IPO is approximately ₹4,500 crore, which includes both a fresh issue of new shares and an offer for sale (OFS) by existing investors.
5. Where will the Groww IPO be listed?
The Groww IPO shares will be listed on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
6. How can I apply for the Groww IPO?
You can apply for the Groww IPO through:
UPI-based apps like Zerodha, Groww, or Angel One.
ASBA (Application Supported by Blocked Amount) via your net banking account.
Make sure you have an active Demat account linked to your PAN and UPI ID.
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