The Groww IPO 2025 has a total size of ₹6,632.30 crore, comprising ₹1,060 crore in fresh equity shares and ₹5,572.30 crore from existing investors through the Offer for Sale (OFS). Major shareholders participating in the OFS include Peak XV Partners Investments VI-1, YC Holdings II, Ribbit Capital V, Internet Fund VI Pte Ltd, GW-E Ribbit Opportunity V, Kauffman Fellows Fund, Propel Venture Partners Global US, Alkeon Innovation Master Fund II, Alkeon Innovation Master Fund II Private Series, Sequoia Capital Global Growth Fund III, among others. The price band for the IPO was set between ₹95 and ₹100 per share, with a minimum retail investment requirement of 150 shares.
Proceeds from the fresh issue amounting to ₹225 crore will be allocated for brand building and marketing, ₹205 crore for capital infusion into the NBFC arm Groww Creditserv Technology, ₹167.5 crore for the margin trading business at Groww Invest Tech Pvt Ltd (GIT), ₹152.5 crore for cloud infrastructure expansion, and the remainder for strategic acquisitions and general corporate purposes. Groww is recognized as India’s largest stockbroker based on market share, boasting over 12.6 million active clients and a market share of over 26% as of June 2025.
To check your IPO allotment status online on the NSE, visit the NSE IPO allotment page, click on ‘Equity & SME IPO bid details’, select ‘GROWW’ from the dropdown under ‘Select Symbol’, enter your PAN and application number, and click ‘Submit’. Reports indicate that unlisted Groww shares are currently trading at ₹104 in the grey market, reflecting a premium of ₹4 or 4% over the upper limit of the IPO price band of ₹100.
