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Groww’s IPO subscribed nearly 18 times on the final day; QIB sees highest 22x oversubscription

  • November 7, 2025
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India’s high inventory dealer Groww’s Rs 6,632.30 crore preliminary public providing (IPO) noticed sturdy demand throughout investor classes, closing with an general subscription of 17.60 instances on the

Groww’s IPO subscribed nearly 18 times on the final day; QIB sees highest 22x oversubscription


India’s high inventory dealer Groww’s Rs 6,632.30 crore preliminary public providing (IPO) noticed sturdy demand throughout investor classes, closing with an general subscription of 17.60 instances on the ultimate day, in keeping with change knowledge.

The certified institutional patrons (QIB) section led the response with 22.02x subscription, bidding for greater than 4.38 crore shares towards 1.99 crore shares on supply. Non-institutional traders subscribed 14.20x, with the bNII (massive bids above Rs 10 lakh) portion at 16.28x and the sNII (small bids beneath Rs 10 lakh) portion at 10.04x.

The retail investor class was subscribed 9.43x, with bids for six.25 crore shares towards 66.23 lakh shares obtainable.

The IPO obtained complete 31.40 lakh purposes.

Groww’s IPO, a book-built challenge of Rs 6,632.30 crore, includes a contemporary challenge of 10.60 crore shares value Rs 1,060 crore and a proposal on the market (OFS) of 55.72 crore shares value Rs 5,572.30 crore. The subscription window opened on November 4 and was closed on November 7, 2025. The IPO’s worth band is about at Rs 95-Rs 100 per share.

For retail traders, the lot measurement is 150 shares, requiring a minimal funding of Rs 15,000 on the higher worth band. The sNII lot measurement is 2,100 shares (14 heaps), amounting to Rs 2,10,000, whereas bNII traders should apply for 10,050 shares (67 heaps), requiring Rs 10,05,000.

The IPO allotment is predicted to be finalised on November 10, with the inventory scheduled to checklist on the BSE and NSE on November 12, 2025.

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