Groww IPO listing date today. GMP, experts signal muted debut of shares in the Indian stock market

By Admin

12 Nov, 2025

The much-awaited Groww IPO, valued at ₹6,632 crore, is set to list on the Indian stock exchanges today, November 12, 2025, following an overwhelming investor response during its subscription period. Operated by Billionbrains Garage Ventures, the parent company of the popular online investment platform Groww, the IPO was open for bidding from November 4 to November 7 and was subscribed over 17.05 times, largely driven by strong demand from institutional investors.

Grey Market Premium (GMP) Suggests Mild Listing Gains

According to market analysts, the Groww IPO grey market premium (GMP) stands at ₹3 per share as of today, implying that the stock might list at around ₹103, representing a 3% premium over the upper band issue price of ₹100 per share. While this indicates modest listing gains, experts caution that the premium reflects a muted debut compared to other recent high-profile listings.

Strong Fundamentals Backed by Millennial Investor Base

Shivani Nyati, Head of Wealth at Swastika Investmart, noted that Groww (Nextbillion Technology Pvt. Ltd.) has become one of India’s fastest-growing investment platforms, attracting a large base of first-time investors, especially from millennial and Gen-Z segments. Its mobile-first design, transparent pricing, and tech-driven approach have helped it expand rapidly in the competitive online brokerage landscape.

Nyati added that while the IPO received strong demand due to Groww’s brand recognition and the ongoing financialisation trend in India, its valuations remain on the higher side when compared to traditional brokerages. The company’s long-term success will depend on its ability to sustain user growth, increase monetisation, and achieve profitable scale in a crowded market.

Expert Advice for Investors

Analysts suggest that investors who were allotted shares could consider booking partial profits if the stock lists with a decent premium. However, medium- to long-term investors may prefer to hold and monitor Groww’s performance post-listing, particularly in areas like user engagement, product diversification, and profitability metrics. Sustained returns, they emphasize, will rely on Groww’s ability to convert its massive user base into consistent earnings.

IPO Details at a Glance

• IPO Size: ₹6,632 crore
  
  

• Price Band: ₹95 – ₹100 per share
  
  

• Face Value: ₹2 per share
  
  

• Subscription: 17.05 times
  
  

• Expected Listing Price: Around ₹103
  
  

• Utilisation of Proceeds: Marketing, technology development, inorganic growth, NBFC capital infusion, and working capital
  
  

Final Outlook

While Groww’s IPO listing is expected to be modest in the short term, the platform’s strong digital presence, tech innovation, and youth-focused approach position it well for long-term growth. As experts point out, the real test for Groww begins post-listing   to prove its ability to convert popularity into sustainable profitability.