The Groww IPO, valued at ₹6,632.30 crore, will have its basis of allotment announced today, November 10, 2025. Investors can verify their allotment status through the official portals of the NSE, BSE, or the IPO’s registrar, MUFG Intime India.
🔹 How to Check Groww IPO Allotment Status on NSE
Visit the official NSE IPO allotment status page.
Choose “Equity & SME IPO Bid Details” from the options.
Under the Select Symbol section, choose “GROWW”.
Enter your PAN number and Application Number.
Click on “Submit” to view your allotment status.
🔹 How to Check Groww IPO Allotment Status on BSE
Go to the official BSE IPO application status page.
Select “Equity” under Issue Type.
From the Issue Name dropdown, choose “Billionbrains Garage Ventures Limited” (the company behind Groww).
Enter your Application Number or PAN Number.
Tick the box next to “I am not a robot”.
Click on “Submit” to check your IPO allotment status.
🔹 How to Check Groww IPO Allotment Status on MUFG Intime India Pvt. Ltd. (Registrar to the Issue)
Visit the official MUFG Intime India IPO allotment status page.
Choose the relevant Groww IPO option from the list.
Provide any one of the following details:
PAN Number
Application Number
DP/Client ID
Bank Account Number or IFSC Code
Click on “Submit” to view your IPO allotment status.
🌱 Groww IPO Overview
The Groww IPO is a book-built public issue valued at ₹6,632.3 crore, comprising a fresh issue of ₹1,060 crore and an offer for sale (OFS) worth ₹5,572.30 crore.
The IPO bidding period was open from November 4 to November 7, 2025, and it received an impressive subscription of 17.60 times the total offer size.
The price band for the issue was fixed between ₹95 and ₹100 per share.
The book-running lead managers for this IPO are:
Kotak Mahindra Capital Company Limited
J.P. Morgan India Private Limited
Citigroup Global Markets India Private Limited
Axis Capital Limited
Motilal Oswal Investment Advisors Limited
The registrar to the issue is MUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd.).
💰 Utilization of IPO Proceeds
Funds raised from the fresh issue will be utilized for the following purposes:
Expanding performance marketing and customer acquisition initiatives
Financing cloud infrastructure and potential inorganic growth through acquisitions
Strengthening brand-building activities
Investing in key subsidiaries:
Groww Creditserv Technology Pvt. Ltd. – to boost its capital base
Groww Invest Tech Pvt. Ltd. – to support the margin trading facility (MTF) business
Covering general corporate expenses
🚀 Groww Business Overview
Groww is one of India’s leading online investment platforms, designed to make investing simple, transparent, and accessible to everyone. Originally launched as a mutual fund platform, Groww has expanded its services to include:
Stocks & IPOs
ETFs & Derivatives
Bonds & Commodities
Automated trading APIs
As of June 30, 2025, Groww ranks as India’s largest and fastest-growing investment platform in terms of active users on the NSE.
⚠️ Disclaimer
This content is provided for informational and educational purposes only. The securities and investments mentioned are not investment recommendations.
To read the Research Analyst (RA) disclaimer, click here.
To view the Groww IPO disclaimer, click here.