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Groww share price: Stock lists at 12% premium on NSE; here's how much investors made per lot

Kamal Joshi
By Kamal Joshi

3 min read | Updated on November 12, 2025, 11:28 IST

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SUMMARY

Groww share price: The initial public offering was a fresh issue of equity shares totalling ₹1,060 crore, along with an offer-for-sale (OFS) component of 55.72 crore shares aggregating to ₹5,572.30 crore.

Groww IPO had set a price band of ₹95 to ₹100 per share. | Image: Shutterstock

Groww IPO had set a price band of ₹95 to ₹100 per share. | Image: Shutterstock

Groww share price: Shares of stockbroker Groww's parent, Billionbrains Garage Ventures, made a strong debut on the stock exchanges on Wednesday, November 12.
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The company's shares started trading at ₹112 apiece on the National Stock Exchange (NSE). This reflects a premium of 12% over the IPO issue price of ₹100.

On the BSE, the stock listed at ₹114, up 14% from the issue price.

At 11:28 pm, the scrip is trading 9.10% higher at ₹122.19.

Groww share price: Here's how much investors made per lot

A lot consisted of 150 shares. Investors who received Groww IPO allotment made ₹16,800 per lot.
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The initial share sale was subscribed a total of 17.60 times. It secured bids for 6,41,87,00,400 shares compared to 36,47,76,528 equity shares on offer, as per the stock exchanges data.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers19,89,69,0164,38,03,79,95022.02
Non-Institutional Investors9,94,84,5079,94,84,50714.20
Retail Investors6,63,23,00562,54,21,2509.43
Total36,47,76,5286,41,87,00,40017.60
Groww IPO was a fresh issue of equity shares totalling ₹1,060 crore along with an offer-for-sale, or OFS, component of 55.72 crore shares aggregating to ₹5,572.30 crore.

Under the OFS, Peak XV Partners Investments VI-1, YC Holdings II, Internet Fund VI Pte Ltd, GW-E Ribbit Opportunity V, Sequoia Capital Global Growth Fund III, Ribbit Capital V, Kauffman Fellows Fund, Alkeon Innovation Master Fund II, Propel Venture Partners Global US and Alkeon Innovation Master Fund II Private Series offloaded their shares.

The fresh issue proceeds are meant for the following objects

ParticularsEstimated amount (in ₹ crore)
Expenditure towards cloud infrastructure152.5
Brand building and performance marketing activities225
Investment in material subsidiary, GCS for augmenting its capital base205
Investment in material subsidiary, GIT, for funding its MTF business167.5
Inorganic growth via unidentified acquisitions & general corporate purposesUnspecified

Before the IPO, Billionbrains Garage Ventures had raised ₹2,984.5 crore from anchor investors, including the Government of Singapore, Abu Dhabi Investment Authority, the Monetary Authority of Singapore, Goldman Sachs, Morgan Stanley, HDFC Mutual Fund (MF), Nippon India MF, Axis MF, Kotak Mahindra MF, SBI MF, Motilal Oswal MF, Aditya Birla Sun Life MF, ICICI Prudential Life Insurance and Mirae Asset.

Groww, a digital investment platform, allows customers to invest in derivatives, stocks, IPOs, bonds, mutual funds, and other products.

To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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