Groww IPO Allotment Status Live Updates November 10 2025: Check GMP, Refund, Demat Credit & Listing Date – Subscription Hits 17.6x

Groww IPO Allotment Finalised: What Investors Need to Know Now

Date: November 10, 2025 (Tentative Listing Date: November 12, 2025)

The wait is officially over for investors who bid on the Groww Initial Public Offering (IPO). The fintech giant’s share allotment has been finalised today, November 10, 2025. This crucial phase determines which applicants will receive shares.

Groww, a popular Bengaluru-based platform, witnessed massive investor interest, with the IPO being subscribed a phenomenal 17.6 times overall.

Here is a simple, high-level breakdown of the key dates, subscription figures, and what the analysts are saying.

📈 Groww IPO: Key Details at a Glance

✅ How to Check Your Groww IPO Allotment Status

Since the allotment is confirmed today, applicants should check their status immediately. You can check the allotment status through the Registrar’s website, the BSE website, or the NSE website.

1. Check via the Registrar (MUFG Intime India)

1. Visit the official website: Navigate to the MUFG Intime IPO Allotment Status page.
2. Select the IPO: From the dropdown menu, choose ‘Groww IPO’.
3. Enter Details: You can check using any one of these options:
   • PAN Card Number
   • Application Number
   • DP ID/Client ID
   • Bank Account Number
4. Click Search to view your status.

2. Check via the BSE Website

1. Go to the BSE Allotment Status page.
2. Select ‘Equity’ as the issue type.
3. Choose ‘Groww IPO’ from the dropdown menu.
4. Enter your Application Number or PAN.
5. Submit to view the result.

3. Check via the NSE Website

1. Visit the NSE IPO application tracking page.
2. Click on ‘Equity and SME IPO Bid Details’.
3. Select ‘Groww IPO’ from the list.
4. Enter your Application Number and PAN.
5. Submit the details.

📊 Massive Subscription: Who Got the Most Bids?

The Groww IPO saw a strong subscription across all investor categories, highlighting the excitement around India’s growing digital investment market.

The high subscription rate means that many applicants, especially in the oversubscribed categories (like QIB and NII), might not receive any shares, and the allotment process relies on a lottery system for retail investors.

📉 Why Did the GMP (Grey Market Premium) Fall?

The most talked-about point, as noted in the updates, is the fall in the Grey Market Premium (GMP).

The GMP is an unofficial indicator of the expected listing gain and represents the premium at which a company’s shares are trading in the grey market before listing.

Why the Fall?

A sharp decline in GMP, as seen with Groww and mentioned in a comparative note about the Lenskart IPO, usually suggests that the market sentiment about the short-term listing gains has cooled down. This can be due to:

• Market Volatility: General weakness or profit-booking in the broader market.
• High Valuation Concerns: Several brokerage houses, including Angel One, had pointed out that the valuation (P/E of 40.79x at the upper price band) appeared “steep” compared to some listed peers, which might have tempered expectations for a massive listing pop.
• Profit-Booking by Grey Market Traders: Large traders often exit their positions before the listing, causing the premium to drop.

Key Takeaway: While the official GMP percentage was mentioned as 4% in the initial details, the real-time “all-time low” suggests investors should focus more on the company’s long-term potential rather than just the immediate listing gain.

💡 Expert Opinion: A Look at Valuation

Brokerages were mostly positive but cautious about the high valuation:

• Angel One: Assigned a “Neutral” rating for investors, specifically noting that the P/E of 40.79x appeared steep compared to industry peers.
• Anand Rathi Research: Recommended “Subscribe – Long Term,” acknowledging the premium valuation (33.8x FY25 P/E) but justifying it based on Groww’s potential for pan-India brand strengthening, product diversification (MTF, Bonds, etc.), and operational leverage.
• Arihant Capital: Recommended “Subscribe for listing gain,” highlighting the company’s impressive revenue growth (85% CAGR) and improving profit margins (45%).

💰 What Groww Plans to Do with the Money

The company is raising funds to power its next phase of growth. The money from the Fresh Issue component will be allocated as follows:

• Marketing & Brand Building: ₹225 crore.
• Cloud Systems/Infrastructure: ₹152.5 crore.
• NBFC Unit Capital: ₹205 crore to strengthen its financing arm.
• Margin Trading Facility (MTF): ₹167.5 crore for its business.
• Remaining Funds: Strategic and general corporate purposes.

🗓️ Next Steps: Refund and Listing

• Refund/Demat Credit: If you did not receive an allotment, the process for initiating the refund will begin shortly after the allotment finalisation. The shares will be credited to the Demat accounts of the successful allottees by November 11, 2025 (tentative).
• Listing: The shares are tentatively scheduled to be listed on the BSE and NSE on November 12, 2025.

Investors should keep an eye on their emails and messages from the Registrar or their bank for official confirmation of the allotment status or refund initiation. Good luck!

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